I know that Debt is a big problem in US. Especially in the bad economy right now, many people struggle to pay off their debts. I came across an article that talked about an Excel file that can help people to see the different methods to pay off their debt. I think it's pretty cool.
Download the File here
This file contains two worksheets:
1. A debt reduction calculator, which allows you to list your debts, their balances, interest rates, and monthly payments.
2. A payment schedule telling you which bills to pay when.
Thank you for the website Get Rich Slowly for this article.