Snowball Calculator - Reality Check!

fightclub_3

I'm very excited to have found this and it was mentioned by another member.
I have completely spent today overhauling my finances to see about getting this all paid off in quickest possible time as I would prefer to use this debt money on buying a nicer home to start a family in a couple of years!

Has anyone else followed the snowball debt calculator and has it worked for you?

Find it on google - type in snowball debt calculator

Anyway I thought it was a good guide!

6 x debts
Everyday loans £206.66 - £4k
Natwess Loan £121.86 - £2.5k
Barclaycard £37min - £1500
Cap 1 £15 min - £200
NatWest O.D - £20 charges - £500
Next £50 - £525

Total debt 9225! Yikes, this will not go up, just down!!!!
DFWB
Shell x:j

Happytogetdebtfree

i use the snowball calculator lol its fun sometimes i can play about with finance sheets all day its the reality of paying i find hard, ive stopped looking at what i owe and instead broke down how many debts i have its all fun i wish you all the best on your dfw journey x

fightclub_3

i must admit, I could have played around with it for ages, but it did frighten me about the amount of interest I could be paying taking longer to pay things back!
Good incentive not to take things further in to debt!:rotfl:

Thanks for the good luck message x