Debt Snowball Calculator

Debt Snowball Calculator for the happy giraffe budget debt payoff planner and tracker spreadsheet.

Are you ready to take control of your finances and get started on your journey to eliminate debt? Look no further than our free download: the Debt Payoff Planner and Tracker! With the powerful debt snowball method as your ally, you can tackle your credit card debt and consumer loans effectively. Wondering how fast you can become debt-free or how much you can save in interest payments? Our spreadsheet is here to help you find the answers. Our Debt Payoff Planner and Tracker will help you use the proven debt roll-up approach known as the debt snowball. It empowers you to create a payment schedule that maximizes your progress towards debt freedom.

The Debt Snowball Method

The snowball method is a highly effective strategy for paying down debt that focuses on tackling your smallest debts first. By starting with the smallest balance and gradually working your way up, you gain momentum and motivation as you quickly eliminate individual debts. This approach allows you to experience small victories early on, building confidence and reinforcing your commitment to the debt payoff journey. With each debt you pay off, you free up additional funds that can be rolled into the next debt, creating a snowball effect that accelerates your progress.

One of the key benefits of the snowball method is its psychological impact. By targeting and eliminating smaller debts early on, you experience a sense of accomplishment and gain the confidence to tackle larger debts. This positive reinforcement keeps you motivated and helps you stay on track. Ultimately, the snowball method not only provides a practical approach to paying down debt but also serves as a powerful tool to keep you inspired and motivated throughout your journey to financial freedom.

Our Debt Payoff Planner And Tracker

Our debt spreadsheet is different because we built it for people who don’t love spreadsheets. It is made to be as painless to use as possible and get you the information you need fast so you can move on with your life. We know that you are using this spreadsheet because you have to. It’s an important tool. But spreadsheets aren’t your life.

Because of that focus, the spreadsheet is simple and looks as nice as a spreadsheet can. There’s a “Nerdy Plan Fact” section for those of you who want to see all of the debt payoff details. The rest of it only has the information you need to start paying off debt and get moving forward with a plan.


  • Create a plan for up to 20 debts. If you need more than that, email us. We have a version that can handle up to 40 that is also free.
  • Choose between the debt snowball method, paying the lowest balances first, and the debt avalanche method, paying the highest interest rates first.
  • A section to track your progress! The plan is nice, but you can do whatever you like in the tracking section. Easy visuals keep you motivated and let you know at a glance how you are doing.
  • Simple list of steps to take. We’ll make it easy for you to know what to do first, second, and on until you are debt free.
  • Works with Excel or Google Sheets.
  • Free! Did we mention this is free? We’re a nonprofit because people shouldn’t be making money off you when you are having a hard time.

What The Steps Look Like

One of the key differences is that our spreadsheet is easy to use, and easy on the eyes. Here’s what each step looks like:

First, type in your debt information along with how much extra you can pay above the minimum payments.

State My Situation for the debt snowball spreadsheet also known as the debt payoff planner and tracker from the happy giraffe budget.

Second, select how you want to get it all paid off. Choose from “lowest balance first”, the debt snowball method, or “highest interest first”, the debt avalanche method.

Notice how we only give you the basic steps to take. That’s all you really need to get started. For each step we show you how many months it will take and how much to pay toward each of your debts. Follow this and you will be debt free!

Creating the payoff plan for the debt snowball spreadsheet, also known as the debt payoff planner and tracker from the happy giraffe budget.

Third, track what happens in real life. The plan is nice to help you get started, but real life happens. The tracking sheet is critical to help you see your actual progress month by month. You can choose to follow the plan or do whatever you want. The important part is that you can see what is happening and make informed decisions.

View of the debt snowball spreadsheet also known as the debt payoff planner and tracker spreadsheet for The Happy Giraffe Budget

That’s all there is to it! This spreadsheet makes it easy to figure out a plan and then get moving!

More Than Just Paying Off Debt

We can help you budget too! By understanding your financial situation and finding ways to allocate more funds towards your debt payoff, you can accelerate your progress. The more you can allocate from your budget, the faster you’ll achieve your goals. Remember, this journey requires dedication and perseverance, but the results will be worth it.

Our bread and butter service is The Happy Giraffe Budget. It’s budgeting, but not like you’ve seen it before. Just like how our Debt Payoff Planner and Tracker is simplified and easier to use than most spreadsheets, our budgeting method is simplified and easier to use too. And it’s all free as well.

Browse the website to learn more. We made it easy to use and find what you need. Learn has everything to help teach you about budgeting. Live has all of our free downloads. Give is where you go when you are back on your feet and want to help others get there as well.

Final Push For Our Debt Snowball Spreadsheet

We understand that becoming debt-free can be a challenging process, but with the right tools and a determined mindset, you can achieve your financial goals. Our planner and tracker are designed to provide you with a personalized plan that fits your unique situation, helping you pave the way to financial freedom.

Imagine the peace of mind that comes with having a clear understanding of how long it will take to pay off your credit card debt and consumer loans. Picture yourself saving hundreds or even thousands of dollars in interest payments. Our Debt Payoff Planner and Tracker can provide you with these answers and more. It’s time to take charge of your financial future and start making progress towards a debt-free life.

We believe in empowering individuals to make informed decisions about their financial well-being. Our Debt Payoff Planner and Tracker offers the easiest and most complete set of tools you need. By using this spreadsheet, you can save valuable time and money on your journey to becoming debt-free.

Ready to take the first step towards financial freedom? Simply download our free Debt Payoff Planner and Tracker, input your creditor information, choose your preferred debt reduction strategy, and let the tool do the rest. Stay motivated, track your progress, and watch as your debts gradually diminish each month.

Remember, your financial journey is unique to you. Explore the possibilities, select the strategy that aligns with your goals, and take control of your financial future. Our Debt Payoff Planner and Tracker are here to help you every step of the way.

Start your debt-free journey today and let us help you achieve the peace of mind you deserve.

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