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Question About The Snowball Website
reventon
Posts: 63 Forumite
Hi,
Just a quick question about the whatsthecost website and the snowball tool thing.
Does anyone know, if I pay more off my debts in a month than I initially entered into the snowball, i.e. I said I would pay £500 but I have paid £700 off in total, does the DFD come down automatically or do I have to re-snowball ?
I hope this makes sense ?
Just a quick question about the whatsthecost website and the snowball tool thing.
Does anyone know, if I pay more off my debts in a month than I initially entered into the snowball, i.e. I said I would pay £500 but I have paid £700 off in total, does the DFD come down automatically or do I have to re-snowball ?
I hope this makes sense ?
Debt @ LBM 07/01/08 £53669.61 Current Debt £42657.83
Long Hauler # 94
Long Hauler # 94
0
Comments
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It will change it automatically. For example, I paid an extra £250 off a credit card last month and my DFD came down by a month.Second and final LBM 01/01/11 Nearly got there but fell of wagon. HAVE to do it this time :mad:0
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That's the great thing about it actually because every month you get a pretty accurate picture of where you stand and how long you have left to go.
Mine's being going since April 2006 and happily adjusts itself monthly. I love looking at it and seeing the progress I've made over this time!Debt: 16/04/2007:TOTAL DEBT [strike]£92727.75[/strike] £49395.47:eek: :eek: :eek: £43332.28 repaid 100.77% of £43000 target.MFiT T2: Debt [STRIKE]£52856.59[/STRIKE] £6316.14 £46540.45 repaid 101.17% of £46000 target.2013 Target: completely clear my [STRIKE]£6316.14[/STRIKE] £0 mortgage debt. £6316.14 100% repaid.0
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