Debt Avalanche Calculator: Excel Spreadsheet

The Fastest Way Anyone Can Destroy Their Debt

Even if you’re on average wage, broke or have no clue on advanced finance strategies

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Personal debt sucks.

It’s evil at best.

• Every additional day that passes increase your frustration and anxiety
• It's another day of accepting some institution’s ownership of your future time and effort and output.

And If you're juggling with more than one outstanding debts, it's often

• you question your financial stability a lot, worrying about how you'll manage to cover all your debt.
• And Find yourself helpless, scrambling to rearrange your finances, juggling bills, and cutting back on other expenses just to make ends meet.

And this leads to a critical question…

What’s the best way to get there?

Two schools of thought

I’m not a financial professional. This is purely opinion and entertainment, not advice.

Do what’s right for you, Haphazardly throwing money at loans until they disappear is better than doing nothing.  RIGHT?

BUT if in doubt about if you're doing great with clearing your debt, then It’s important to have a strategy. 

We all need structure, Actually knowing what you do.

And the most efficient way to do it is reducing your long run interest by paying off the balance with the highest rate first, while making minimum payments on everything else -Debt avalanche 

In a word: prioritizing.

How Anyone Can Build Momentum & Crush All Debt With Debt Avalanche

If you’re taking up running, the first day takes all your willpower just to step out the door. The second isn’t a picnic, but you do it anyway.

And because you've built momentum, the third takes a bit less out of you…

We all feed off momentum.

The best strategy to have momentum towards clearing your debt is debt stacking. 

Here, accounts are paid off in order from the highest interest rate to the least. We illustrate using steps:

Step 1 — The minimum payment is made on all accounts.

Step 2 — As much extra money as possible is put toward the account bearing the highest interest rate.

Step 3 — Once that is paid off, as much as is convenient is paid toward the account with the second highest interest rate.

This cycle is repeated until all debts are paid. With each account that is paid off, there is more money to put towards the next one.

Doing this strategy allows you to;

• Be more organized and build momentum towards clearing all your debt
• Stop scraping by and get a real shot at better controlling your finances
• Gain clarity and have a bolder vision on your debt situation

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To Help anyone one get started at debt avalanche, I have assembled an All-n-one debt to loan ratio calculator

 With

1. Organized layout : Say goodbye to the chaos of scattered bills and disorganized statements. My income-to-debt ratio calculator allows you to input all your debts, including credit cards, and loans in one location.
2. Real-Time Calculations: Instantly see how each payment impacts your debt balance and overall financial health. My income ratio calculator automatically calculates your remaining balance, interest accrued, and projected payoff date.
3. Visual Progress Tracking: Watch your debt disappear with easy-to-read charts and graphs that visualize your progress.

Click ‘I Want This’ And Get Equipped With The #1 Tool To Destroy Your Debt