ChartSheets
4 min readMar 25, 2024

Debt Payoff Tracker For Excel And Google Sheets, Debt Snowball, Debt Avalanche, Custom Debt Order

Instant Download
Google Sheets and Excel
Video Tutorial
See Instruction Now

Debt Payoff Tracker For Excel And Google Sheets, Debt Snowball, Debt Avalanche, Custom Debt Order

This template is fully customizable! You can change everything in it — colors in tables, pie charts, etc.

Accelerate your path to financial freedom with the Comprehensive Debt Management Spreadsheet. This all-in-one tool streamlines your debt repayment strategy, providing calculated insights into when you’ll achieve debt-free status. Customize your payment plan, and witness the dynamic adjustments in your monthly payments and payoff deadlines as you make extra contributions.

Debt Snowball

The Debt Snowball is a debt repayment strategy that focuses on tackling debts one at a time, starting with the smallest balance and working your way up. This method is psychologically effective because it provides quick wins, motivating you to pay off more debts as you progress. By rolling over the payments from one debt to the next, you build momentum and eventually eliminate all your debts.

Debt Avalanche

The Debt Avalanche is a methodical approach to debt elimination that prioritizes paying off debts with the highest interest rates first. By focusing on high-interest debts, you minimize the total interest you pay and potentially clear your debts faster, saving money in the long run. While it may not offer the quick psychological wins of the Debt Snowball, it can be more cost-effective.

Custom Debt Order

The Custom Debt Order is a personalized approach to debt repayment that allows you to prioritize your debts based on your specific financial situation and goals. Instead of following a predetermined method like the Debt Snowball or Debt Avalanche, the Custom Debt Order puts you in control of the repayment strategy.

WHAT’S INCLUDED IN THE PURCHASE?

  • Video Tutorial
  • 20-Page Quick Start Guide
  • 4 Templates of Spreadsheets
  • 1 Sample Excel Spreadsheet with Mock Data
  • Excel Spreadsheet with Empty Data
  • Sample Google Sheets Spreadsheet with Mock Data
  • Google Sheets Spreadsheet with Empty Data
  • Editable in Google Sheets and Microsoft Excel
  • Compatible with MAC, PC, Phones, or Tablets
  • 5 Spreadsheet Tabs

TABS:

  1. Instructions
  2. Debt Management
  3. Payments Schedule
  4. Debt Dashboard
  5. Payment Tracker

DEBT DASHBOARD:

  • Intuitive and Quick Set Up in Just a Few Steps
  • Global Dashboard with Monthly Tracking
  • Snowball vs. Avalanche vs. Custom Debt Order
  • Payments Log to Track Your Monthly Payments
  • 15 Debt Options with 30 Years Repayment Plan
  • Mini Dashboards for Each Debt
  • Detailed Payments Schedule with Extras
  • Global Dashboard to View Your Expected Progress

Methods Included In DEBT DASHBOARD:

  • Snowball
  • Avalanche
  • Custom Debt Order

Easy To Set Up:

  • Know how to clear your debt in 5 steps
  • Choose the most efficient strategy for your debt
  • Intuitive and easy-to-understand dashboard

Global Dashboard:

  • See your overall progress as you progress
  • Dynamic dashboard over the debt clearance period
  • Track your monthly target for each debt

Payments Schedule:

  • Understand how each debt is cleared
  • Add or subtract extra payments
  • Intuitive and easy-to-understand dashboard

Payments Tracker:

  • Track your debt payments against the target
  • Categorization in sources and products/services
  • Tax accountability for annual tax reporting

!! IMPORTANT !!

YOU WILL NEED:

  • A device to access Google Sheets or Microsoft Excel
  • A Google Account (if editing through Google Sheets)
  • Microsoft Excel (if editing through Excel)
  • Basic computer knowledge

HOW IT WORKS:

  1. Purchase (instant download)
  2. Upload the PDF file (access to Google Sheet)
  3. Download the Excel template
  4. Open the spreadsheet (start planning!)

SOME POINTS TO CONSIDER:

This is a digital download. No physical items will be shipped after the purchase.

Due to the digital nature of the product, all sales are final, and refunds are not issued.

DISCLAIMER REGARDING COLORS:

The actual color of the spreadsheet may vary due to differences in how our screens display color. Your phone, tablet, or computer may show colors differently, just as we also perceive colors differently. Please keep this in mind when purchasing the template.

ChartSheets

chartsheets.com - Shop #1 Personal & Business Spreadsheets for Google Sheets and Excel Templates