by 666isMONEY ☮ ♥ & ☠
Eliminate Debt With A Debt Repayment Worksheet
To eliminate debt faster than by just making minimum payments, build a debt worksheet to help you prioritize payments. This is also known as the "debt snowball" or "debt pyramid" program. You list your debts, put them in priority order, then start paying off according to your new plan, and watch the balances disappear! Using this program can help you pay off all debts in three to five years, no matter how large your debt is.
Using a standard worksheet form, list all of your credit cards, plus the balance and monthly payment for each. Make an additional column for the interest rate; you'll use this column to sort the data from highest rate t
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