Debt Snowball Pro App
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Uploaded by DebtSnowballPro on Sep 15, 2010
Achieve financial freedom with Debt Snowball Pro! This app is used and recommended by many financial advisors, firms, and banks. This easy-to-use app helps you eliminate debt using the "debt snowball" method that is taught and endorsed by many financial professionals. Simply input your debts (including balance, interest rate, and monthly payment) and Debt Snowball Pro will help you select the best payoff method. Using the debt snowball method of payment, once you pay off a debt, you'll apply the previous payment to the next debt, resulting in a snowball effect as the amount paid toward your larger loans grows over time. You can choose to pay off debts with higher interest rates first (to save money), or those with the lowest balances (for small, motivating successes along the way). Debt Snowball Pro shows you just how much money you'll save by choosing these methods over making minimum payments.
Download the app at: http://itunes.apple.com/app/id309833384?mt=8
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I have to be honest and say, at first, I don't understand what Debt Snowball method is. But after a quick study on the Wikipedia, I learn that it's a very good method to help you manage and eliminate multiple debts. This application is very successful in illustrating the different snowball alternatives and surprisingly quite easy to use.
epramono001 11 months ago