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Since we’re working Dave Ramsey style to pay off debt (and be debt free forever – I cannot wait!), I was looking around the other day to try and find a debt snowball calculator. I’m fairly good at math but don’t know how to calculate the total properly including interest, so I looked for something where I could just type in numbers.
It was eye-opening to see when things will be paid off if we continue paying exactly what we pay now. It was also fun to play with the numbers to see how much extra we could pay a month to get the total paid off sooner.
Stephen got a raise a few weeks ago. We’ve been living uber-frugally for so long – out of necessity. But now, seeing dates and numbers, it gives me good reason to keep living as frugally as we can so we can get things paid off sooner. Why loosen up now when we can relax for good later?
So anyway, here’s the link.