The Debt Snowball allows you to make a simple change to your behavior and systematically pay off debt at an accelerated rate. Get the free printables.

As you eliminate debt, your score will likely rise, giving you added motivation to stick to your payoff plan. If you want to use a spreadsheet for debt repayment, Vertex42 offers free business ...

Look at the numbers The first step to any debt payoff plan is to understand how much ... either by hand or in a spreadsheet. You should include both kinds of debt: revolving loans (credit card ...

A debt reduction spreadsheet isn’t necessarily an app ... you can also create a custom payoff plan that better meets your needs. For instance, you might prioritize a specific type of debt ...

If you’re carrying more credit card debt than ... a realistic payoff plan. Pull up your most recent statements or log into your credit card accounts online. Create a simple spreadsheet listing ...

After researching debt payoff strategies, I met with certified financial planner André Small, to see if it made more sense for me to take a debt snowball or avalanche approach. Here's what he shared.

Doing this will allow you to devise a plan and a budget. It will also let you decide how you want to prioritize payment of your credit card debt, either by highest interest rate or smallest balance.

Some common debt relief strategies that home lenders often offer borrowers include: Forbearance. This is a payment plan that allows you to lower or eliminate mortgage payments for a period of time ...