We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
calculating when I will be debt free

kennyn
Posts: 4 Newbie
Hi there
Does anyone know of an easy way I can play about with what I pay to my debt each month to calculate my optimum payments and know when I will be debt free?
Does anyone know of an easy way I can play about with what I pay to my debt each month to calculate my optimum payments and know when I will be debt free?
0
Comments
-
Try the snowball calculator http://www.whatsthecost.co.uk/snowball.aspxDebt Free Nerd No. 89, LBM: April 2006, Debt at highest (Sept 05): £40,939.96
NOW TOTALLY DEBT FREE!!!!!!!! Woooo hooooooo!!! DEBT FREE DATE: 23 December 20090 -
0
-
This is a great tool, I printed this off and each month when the payment has left my account I highlight that line. This way I can see exactly what I have paid and what I have left. It is really good for morale and you can really see the difference.:j
Debt at worst £36200
Debt now £21578
Debt free on current payments March 2010
Aim to be debt free to start 2009 in the black!
"The lowest ebb is the turn of the tide"0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.4K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards