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Old 03-16-2009, 07:03 PM
ksluis62 ksluis62 is offline
$ Saving Sixth Grader
 
Join Date: Jan 2009
Location: Colorado
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lennygaudy, you might also take a look at DueMinder.com. It's similar to what SavingCash describes for the spreadsheet, but is online. You enter your balances & interest rates for each account, then it calculates the best payments based on a snowballing method (highest interest first, low balance first, or a custom plan if you choose). You can play what-if scenarios, and play around with your monthly commitment (the $2k per month you mentioned) to see how that affects the final debt-free date. It also sends payment reminders.
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