Debt Snowball Apple Numbers. Debt manager is another app that uses the debt snowball method to help you pay off your debts. When you first open the debt snowball spreadsheet, the screen looks like what you see above.
You can learn something from the debt reduction snowball calculator spreadsheet from vertex 42 when you choose between different debt reduction strategies after all your debts are entered. Then you need the latter to come up with the amount and time you’ll need to complete your debts. This spreadsheet includes additional information about those strategies with more resources for reducing debt.
Make minimum payments on all your debts except the smallest.
Sometimes being in debt can feel overwhelming. Vertex42, a site devoted to microsoft excel templates, spreadsheets, and calendars, has posted a free debt snowball calculatorthat will help you create a debt snowball spreadsheet. It’s really a pretty simple concept that can be boiled down to a few steps: How does the snowball method work?