Debt Snowball Calculator Template for Excel & Google Sheets (Green Theme)

Debt Snowball Calculator Template for Excel & Google Sheets (Green Theme)

The Debt Snowball Calculator Template for Excel and Google Sheets in a refreshing green theme combines functionality and style. This tool simplifies debt management using the Snowball method, helping you prioritize payments, track up to 50 debts, and visualize your journey to financial freedom with ease.

WHAT’S INCLUDED ?

- Step by step instructions
- 4 Templates of Spreadsheets
- One sample Excel spreadsheet with mock data
- An Excel spreadsheet with empty data
- A sample Google Sheets spreadsheet containing mock data
- A Google Sheets spreadsheet with empty data
- Editable in Google Sheets and Microsoft Excel
- Compatible with MAC, PC, Phones, or Tablets

FEATURES

- Use with Any Currency
- Automatic Calculations
- Customize Colors
- Payment Schedule
- Debt Balance Breakdown
- Debt Repayment End Date
- Beginner-Friendly
- Kickstart Your Financial Control with Just Three Simple Steps

EASY TO SET UP

- Know How to Clear Your Debt in 5 Steps
- Snowball Debt Management Strategy
- Intuitive and Easy-to-Understand Dashboard

GLOBAL DASHBOARD

- See Your Overall Progress as You Progress
- Track Your Monthly Target for Each Debt
- Dynamic Dashboard Over the Debt Clearance Period

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 & Products/Services
- Tax Accountability for Annual Tax Reporting

The "Debt Snowball" method works because it creates a psychological stimulus. You start with the smallest debt, and when you pay it off, it gives you a sense of accomplishment and motivates you to keep going. This can be particularly helpful for those struggling with debt management and in need of additional motivation.