Debt Free: Step One

Living debt free obviously starts with a solid plan for eliminating debt. What you learned as a kid from your parents is likely not the whole story. This is your first step.

Instructions: Enter each of your debts, ordered from smallest balance to highest balance. When entering the minimum payment, do not add any extra payment amount. Only input the minimum payment due.

# Creditor Principal Balance ($) Interest Rate (%) Minimum Payment ($) Interest Cost Payments Remaining
1
2
3
4
5
6
7
8
9
10

Enter the total of all extra payments you make: