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Warwick University Decision Tool
Millennium
Posts: 64 Forumite
in Credit cards
I came across this when asked to do an iPoints survey. It may be of interest. It shows how paying a little extra off a credit card can have a dramatic impact. I know that Martin bangs on about it, but this makes it quite visual.
http://www.stewart.psych.warwick.ac.uk/decisiontool/
http://www.stewart.psych.warwick.ac.uk/decisiontool/
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Comments
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I've enjoyed fiddling with this - Anyone got a better way to spend Saturday night
suggest you also post this on the Debt Free Wannabe board (if you haven't already)Total debt at 01/01/2010 £34,262 (Excludes mega mortgage) Daily interest £12.42
02/10 Now £3.12 due to repayments, BT and :money:
Olympic challenge £5081/£28,000 (18.15%)
Aim to lose 35 lbs from 01/01/2010 to 30/06/10 9.5/35
1 debt in 100 days £2886/£38390 -
Ooh, fantastic little tool, thank you! I had great fun playing with this!! Totally agree it should go on the DFW board, too - it might be really useful for some people on there.
KiKi' <-- See that? It's called an apostrophe. It does not mean "hey, look out, here comes an S".0
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