Quick Snowball - Track your Debt Snowball - this app allows you to enter and track your debts - and calculates balances and payoff dates based on the Debt Snowball method (pay the minimums on everything, and attack smallest debt first), as recommended by financial counselors such as Dave Ramsey.
This IS a very basic app - written in response to the fact that when we started the Dave Ramsey plan in March 2010, there was no simple free app available that could do exactly the bit of functionality I needed.
Basic Instructions:
1. Add your debts, including minimum payments, APR, original (for payoff display) and current amounts.
2. The app will display your debts in a list from SMALLEST to LARGEST. This is the 'debt snowball' - yes it is not mathematically optimal, but for many people is better psychologically.
3. In 'extra/settings', set the 'Extra' monthly amount you expect to be able to apply to debt.
4. Pay the MINIMUM only on ALL debts except the targeted one on the list. Any extra disposable income should be applied to the SMALLEST debt to get it paid off.
5. The app calculates your payoff dates based on your 'Extra' monthly payment, so you can easily change your 'Extra' payment to see how taking a part time job can accelerate your overall payoff time. If you leave "Extra" = 0, then you are essentially planning to make minimum payments ONLY.
6. The first time you open the app each month, it will re-calculate (based on APR, minimum payments, and applying the amount you have saved as 'Extra' towards the smallest debt) what your current balances for all debts should be. If you pay more than the minimum on some debts, or the 'Extra' amount is not correct, you can also manually adjust those balances - but if the data is all correct, the new balances should all auto-calculate properly at the beginning of each month.
Like it? Share with your friends!
If you got an error while installing Themes, Software or Games, please, read FAQ.
Supported operating systems:
Windows 10 Mobile, Windows Phone 7, Windows Phone 8
Similar Software:
Bank Card Expense Tracker Bank Card Expense Tracker, is a simple to use utility software for your PocketPC, which allows you to keep track of several bank cards, and expenses made with them. This way you can easily track your budget and know your available balance anytime. You can use this application with any card and currency, since it is a generic amount tracking application
Ta.retirement.com Ta.retirement.com - Transamerica Retirement Services ("Transamerica") offers customized retirement plan solutions designed to fit the growing business needs of today's companies
This free app, for the Windows Phone, allows retirement savings plan Participants to access account information using their existing Ta-Retirement user name and password
Mobile Wallet with Desktop (PPC) Mobile Systems' Mobile Wallet contains various electronic wallets in which you can store all kinds of important and sensitive information:
passwords, online shopping accounts, credit card information, PIN codes, insurance policies ? encrypted and password protected, all stored in one place and always at hand wherever you go
DueMan - Due Manager DueMan - Due Manager - A simple Payment Dues tracker utility that (help) pays your bills & fits your budget...
Summarizes Total Amount Paid & Amount Pending to be paid.
Supports Monthly Recurring Dues.
Manage your Dues with Date, Amount & Payment Status.
Filter Dues which are to be paid or already paid.
Supports Payment Alarm Reminder
ActivaMovil ActivaMovil - Welcome to Activa Mobile, the Novacaixagalicia mobile bank. Download the application to your Windows Phone 7 to consult and make transactions with your contracted products :
Account operations:
Balance and latest movements.
- Hal-Cash (payment order to mobile)
- Mobile top-up
Audimobile powered by Pin-Pay Audimobile powered by Pin-Pay is a new service that will empower your mobile and facilitate your life. Our pioneering Mobile Banking and Mobile Payment services allow you to:
DutchTab DutchTab lets you quickly and easily split bills between friends or coworkers. It can automatically calculate everybody's fair part based on the ratio of each person's order, or optimize who owes who based on their contribution when the bill was paid. You can even send everybody a summary by email or SMS from your device
Credit Mutuel Credit Mutuel - Depuis votre Windows Phone 7, accedez aux fonctionnalites de la Banque a Distance au creux de la main. Les fonctionnalites les plus utilisees (consultation de comptes, virements, ...) sont integrees dans l'application dediee en toute confidentialite et simplicite
Mobile Invoice Mobile Invoice provides the easiest, most comprehensive solution for creating invoices, estimates, sales receipts, sales orders, payments, and credit memos in the office or out in the field. Create, print and e-mail directly from your PocketPC or desktop computer
CreditcardSizes CreditcardSizes is a unique way to manage your credit card spending. When you add a new entry a file will be created with the file length as the actual value of the item
Other Software by developer «Entropy Specialists»:
Prayer Cookie Prayer Cookie - A simple, yet powerful enabler of Christian prayer.
Modeled after the concept of a fortune cookie, each refresh delivers a short original prayer.
User-submitted prayers ensure that the supply of prayers will always continue to grow