Day 8
Subject: Debt management tools to manage your finances
If you are serious about paying down your debt, you’ll need to do a lot of math. Math with compounding interest can be confusing, but if you have one of these programs, you’ll easily be able to see when you’re going to be debt free if you stick to the plan.
There are numerous online tools or programs that can help you put a plan in place and see when you can be debt free. Here are a some, however check to see programs that work for your Country.
You Need a Budget is a budgeting app that helps you set up a budget and then gives you the tools to stick to it. You can try this app free for 34 days to provide you with a full month to figure out if it’ll work for your needs. Check it out here: https://www.youneedabudget.com/
Birch Finance
If you have credit cards, you may be missing out on some of the rewards they offer to you. This app helps you find rewards and links everything together so you can maximize the benefits of your cards. https://birchfinance.com/
Quicken
This software does more than help you manage your debts; it enables you to manage all your finances. Use it to create a budget and follow the budget by tracking everything easily. Quicken will use the debt stack method for choosing which software to pay down first. https://www.quicken.com/
Undebt.it
This is a totally free tool that you can use to set your budget and pay off your debts faster. You can choose the debt payoff method that works best for your needs, from the debt stack to the debt snowball. This even lets you see your debt payoff dates.
ZilchWorks
Want to find out how to pay off your debts in 18 to 24 months? This software will help you figure it out. It’s not free, but it is a fantastic product to help you work out a debt payoff plan that really works. You’ll know the amount you saved and you’ll easily see by when. https://www.zilchworks.com/
Next blog let’s learn some tips for finding extra cash to help you pay off your debt even faster.