Quick Snowball - Track your Debt Snowball - this app allows you to enter and track your debts - and calculates balances and payoff dates based on the Debt Snowball method (pay the minimums on everything, and attack smallest debt first), as recommended by financial counselors such as Dave Ramsey.
This IS a very basic app - written in response to the fact that when we started the Dave Ramsey plan in March 2010, there was no simple free app available that could do exactly the bit of functionality I needed.
Basic Instructions:
1. Add your debts, including minimum payments, APR, original (for payoff display) and current amounts.
2. The app will display your debts in a list from SMALLEST to LARGEST. This is the 'debt snowball' - yes it is not mathematically optimal, but for many people is better psychologically.
3. In 'extra/settings', set the 'Extra' monthly amount you expect to be able to apply to debt.
4. Pay the MINIMUM only on ALL debts except the targeted one on the list. Any extra disposable income should be applied to the SMALLEST debt to get it paid off.
5. The app calculates your payoff dates based on your 'Extra' monthly payment, so you can easily change your 'Extra' payment to see how taking a part time job can accelerate your overall payoff time. If you leave "Extra" = 0, then you are essentially planning to make minimum payments ONLY.
6. The first time you open the app each month, it will re-calculate (based on APR, minimum payments, and applying the amount you have saved as 'Extra' towards the smallest debt) what your current balances for all debts should be. If you pay more than the minimum on some debts, or the 'Extra' amount is not correct, you can also manually adjust those balances - but if the data is all correct, the new balances should all auto-calculate properly at the beginning of each month.
Like it? Share with your friends!
If you got an error while installing Themes, Software or Games, please, read FAQ.
Supported operating systems:
Windows 10 Mobile, Windows Phone 7, Windows Phone 8
Similar Software:
Mes Finances Mes Finances - Avec Toutsurmesfinances, suivez toutes les informations patrimoniales mises a jour en temps reel.
Cette application gratuite vous permet de consulter l'actualite pratique pour mieux gerer vos finances personnelles
Onlinebanking This app describe about mobile online banking .through thuis app we can access 6 nationalized mobile banking
Sperr_Notruf Sperr Notruf hilft Ihre Bankkarte oder Ihren Personalausweis zu sperren
Credit Mutuel Credit Mutuel - Depuis votre Windows Phone 7, accedez aux fonctionnalites de la Banque a Distance au creux de la main. Les fonctionnalites les plus utilisees (consultation de comptes, virements, ...) sont integrees dans l'application dediee en toute confidentialite et simplicite
Bill Reminder Free Bill Reminder Free - If you are like me, you already use a full-featured money management program on your computer, and you don't want to re-enter all of your financial information into a separate application on your phone or rely on email reminders to know when your bills are due. Bill Reminder was written with those problems in mind
My M1 My M1 - A one–stop application to view:
a) My Bill
Forgot how much is your bill amount and when your payment is due. You can now view your last bill amount pay your bills on time
Audimobile powered by Pin-Pay Audimobile powered by Pin-Pay is a new service that will empower your mobile and facilitate your life. Our pioneering Mobile Banking and Mobile Payment services allow you to:
My Wallet Developed by Saif Ahmad
Never get your bank balance down by keeping in touch with the business market
PrivateCard Manager PrivateCard Manager - Private application accessible only after external authorisation.
This is an internal, private application providing a very limited front end to a much bigger Fleet Card Management application. It will be used ONLY by personel of the specific company's Cards Department for 24/7 support to customers during non-business hours
My Fat Wallet Do you like having fat wallet?! We do too. Here is a constant stream of deals for you to keep that wallet as fat as can be. Enjoy! :)
Other Software by developer «Entropy Specialists»:
Prayer Cookie Prayer Cookie - A simple, yet powerful enabler of Christian prayer.
Modeled after the concept of a fortune cookie, each refresh delivers a short original prayer.
User-submitted prayers ensure that the supply of prayers will always continue to grow
