Debt Snowball Tracker Template Excel and Google Sheets

Debt Tracker Spreadsheet, Debt Payoff Planner, Debt Snowball Spreadsheet, Snowball Method Calculator, Debt Repayment Spreadsheet, Personal Finance Spreadsheet

The Debt Snowball strategy is effective because it focuses on eliminating the smallest debts first, allowing for quick wins that build motivation and consistency. By progressively applying payments from paid-off debts to the next ones, this method helps individuals stay disciplined and steadily reduce their total debt burden. It's particularly useful for those who benefit from a structured, step-by-step approach to financial management.

HIGHLIGHTS

• Works with any currency
• Auto-calculated fields
• Customizable color scheme
• Built-in payment schedule
• Breakdown of remaining balances
• Debt-free date calculator
• Ideal for beginners
• Start managing your debt in just 3 simple steps

QUICK & SIMPLE SETUP

• Follow a 5-step guide to clear your debt
• Apply the Snowball payoff strategy
• Easy-to-read dashboard to guide your actions

PROGRESS OVERVIEW

• Watch your repayment journey unfold
• Monthly targets displayed clearly
• Interactive dashboard updates with your progress

DETAILED PAYMENT SCHEDULE

• See exactly how each debt gets paid off
• Make extra payments or adjustments at any time
• Clear and accessible layout

PAYMENT TRACKER TOOL

• Compare your actual payments to your targets
• Organize by sources or types of expenses
• Includes fields to support annual tax reporting

The Debt Snowball strategy works by giving you early wins. You start with your smallest debt, and each time you eliminate one, it boosts your confidence and keeps you motivated to continue. It's an ideal method for anyone who needs momentum to stay on track with debt repayment.

WHAT’S INCLUDED?

• Step-by-step instructions 
• 4 Templates of Spreadsheets
• Sample Google Sheet with Mock Data
• Blank Google Sheet
• Sample Excel with Mock Data
• Blank Excel
• Editable in Google Sheets and Microsoft Excel
• Compatible with MAC, PC, Phones, or Tablets

HOW IT WORKS & REQUIREMENTS

YOU WILL NEED:

• A device to access Google Sheets or Microsoft Excel
• A Google Account (if using Google Sheets)
• Microsoft Excel software (if using Excel)
• Basic computer skills

HOW IT WORKS:

• Purchase and download instantly.
• Open the PDF file to access the Google Sheet link.
• Download the Excel template.
• Open the spreadsheet and start planning!

IMPORTANT TO KNOW:

• This is a digital download; no physical items will be shipped.
• Due to the nature of digital products, all sales are final, and refunds are not available.

COLOR DISCLAIMER:

Please note that colors in the spreadsheet may vary slightly due to screen display differences on your device. This can include variations in color on phones, tablets, and computers.

Note: For the best experience, we recommend using a desktop or laptop for full editing capabilities.