Snowball calculator

stellagypsy

Hi everyone

Been scouring the internet to find a debt snowball calculator (not too complicated - must be user friendly) for my newly divorced friend who has no idea how to tackle her half of the financial mess left at the end of her marriage.

Any one got a link to one I can use? I had one ages ago but I must have deleted it. I want one that shows her the cost of paying minimums only against the benefits of snowballing her debts. She needs convincing before she gets in a worse mess than she is in already.

TIA, Stella

Debt_Free_Chick

Any one got a link to one I can use?

Here's one!

http://www.geocities.com/schizeckinosy/Snowball.html

Or put "snowball calculator" without the quotation marks into Google and you get 27,000 hits!

stellagypsy

Thanks DFC, I had a look at that one but I can't get it to work (macros not enabled????) and my friend would die if I sent her the link for that!

I did a search and found this one ~

http://www.bankrate.com/brm/calc/MinPayment.asp

~ and can show her that unless she shapes up, it will take her 202 months to pay her CC's off is she does min payments only and she will be nearly 70 by then!!! Not a nice prospect, eh?

Stella

ms_london

Also try:

https://www.whatsthecost.com

I wish I'd had a friend like you when I was running up my debt :0)

Debt_Free_Chick

I wish I'd had a friend like you when I was running up my debt :0)

Ahhh... but would you have listened to her ;-)

allycat_3

Hi
I went to this site, but its all in dollars!!
allycat xx

allycat_3

Me again!
The other website - whatsthecost.com - is excellent. Very simple to use. It's great that you are able to help so many people at once! Thanks guys
allycat xx

stellagypsy

Hi

That "What's the cost" calculator is great, I've plugged all her figures in and done some print outs for her. Hope she can see what I can see.

Thanks.

Shawz

ms_london wrote:

Also try:

www.whatsthecost.com

I wish I'd had a friend like you when I was running up my debt :0)

Thanks for the link. Excellent site

nickiebabe

Same here...Thanks for the link to the site, Has really helped me!