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Whatsthecost
I have used whatsthecost.com" for snowballing credit card debts, however I am getting a "service unavailable HTTP 305 this service is unavailable"
Looking for an alternative which is as easy to use.
Looked at lemonfool but I can't seem to figure it out. 😕
Comments
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I'm not sure I understand why you need an app/website if you're just wanting to adopt the standard snowball method. All it entails is prioritising the smallest debt first.
Note that this is not the most financially efficient way of tackling debts - prioritising the highest-interest debt will give you greater savings overall. But there's no doubt that the snowball method does give you a significant psychologic boost, and does allow you to see that you're making progress more quickly.
2 -
Do you have a particular question about snowballing that we can help you with? If you list your debts, interest rate and anything special (like 0% until Sept? or?) then we can give you specific advice. If you want to know how much a particular debt will cost over a specific period of time I'm happy to help with that.
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Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php
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