See exactly when you'll be debt-free – and the cheapest way to get there
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When you owe money on several cards, loans and accounts it's hard to know where to start – and paying only the minimums can keep you in debt for decades. This workbook takes every debt you have, the minimum each lender asks for and the amount you can afford each month, and works out month by month exactly how long it will take to clear them and how much interest you'll pay. It compares the two best-known methods – Avalanche (highest interest rate first) and Snowball (smallest balance first) – with your own order and with paying only the minimums, then gives you a simple payment plan to follow. It also checks whether a 0% balance transfer or a consolidation loan would actually save you money.
See how it works
The sheets you will use most, in the order you will use them – shown with the sample data every workbook comes with.
Step 1
Your settings, every debt and a summary of where you are now. What you do: fill in the yellow cells.
Step 2
The four plans side by side, payoff dates and interest for each debt, and the 'total owed over time' chart. What you do: nothing to enter.
Step 3
What to pay each debt every month for your chosen plan, and what's left after each payment. What you do: nothing to enter – follow it.
Step 4
Whether moving a card balance to a 0% deal saves money once the fee and the rate afterwards are counted. What you do: pick a debt and enter the deal's details.
Who it is for
Quick start
Your file is only released once payment has cleared.
You are taken to our secure checkout.
Checkout takes a minute and you get a receipt by email.
Your download link arrives as soon as payment clears.
We can adapt any prebuilt solution or build something bespoke, with a lifetime bug-free guarantee.
Part of AML Finance Group
Our sister firm, AML Accountancy Solutions, is an award-winning accountancy practice helping businesses and individuals across the UK with their accounts, tax, bookkeeping and payroll.
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