Debt Snowball Pro ✔
By Matthew King
Open iTunes to buy and download apps.
Description
❖❖Featured in iTunes "Top 20 apps in 2011 to improve your fitness and finances"
❖Demo:
http://www.youtube.com/watch?v=vQ4Ce7ujDxc
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.
SPECIAL FEATURES:
❖Easy-to-use interface.
❖Optimized for speed
❖Password protection.
❖Ability to add and remove debts, update balances, and see when you will be debt-free.
❖Shows interest saved and debt payoff dates.
❖Amortization Table
❖Established - This was the first Debt Snowball app in the app store. We have tens of thousands of happy users since 2009.
❖Detailed Payment Schedule spreadsheet, showing effects of applying snowball payments to individual debts.
❖Ability to share on Facebook and Twitter.
❖❖NOTE:
This also makes a great gift to family and friends. Click the down arrow on the left (next to Buy App) and choose "Gift This App".
COMMENTS:
Please send your comments, suggestions, and questions to matt.l.king@comcast.net.
REVIEWS:
"This is an excellent App! One of the most important keys to success when trying to get out of debt is ‘Concentration’ on the goal. The Debt Snowball is a goal. Having the information readily available to look at may keep more people motivated towards attaining their goal of becoming debt free."
- enemyofdebt.com
"My husband and I both use Debt Snowball Pro. The peace of mind that I got from having a plan set and seeing the "end date goal" is worth every penny. Before using Debt Snowball there was a constant nagging feeling in the back of my head that kept me from ever being completely relaxed. Now, with the goal in site I feel so much better about our situation. If you have several loans you should not hesitate, get the app. Follow the steps and get your own peace of mind and start working toward freedom from debt"
- AquababeJen
"Great app to manage and control your debts. Simple to use and understand and can save you a ton of real money"
-casey_tx
If you like this app you will also like our other apps:
Mortgage Calculator +
Loan Calculator - What if?
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What's New in Version 4.2.4
- Slight interface changes
- More error reporting
iPhone Screenshots
Customer Reviews
straightforward and to the point!
It has a simple and clean interface that basically takes 3 different approaches to debt. You choose the one you prefer. You can either choose the "math" option and pay off your higher interest loans first and save the most money. The "motivation" approach and pay off the smallest debts first and work your way up to larger ones so that you can get more motivated as you see quicker progress in debts getting paid off. Last but not least you can simply choose to pay off the minumum payments per month . In all of the methods, you enter all of your debt information into a debt list and the app takes it from there. You can get an idea of what I am talking about from the screenshots above. It's a handy app to help you keep a running tally of debts and the progress in paying them off.
Someone else mentioned a desire for a push feature to tell you when a loan or payment is due, I also think that would be a great feature if it could be added!
Awesome Debt Management App!
I can see all my loans on a single page with this app now. This app is a great tool for me to review and manage all my debts. It's easy for me to find out what are my monthly loan payments and when I will pay off all my debts. In the future, I would love to see if the developer can add the push notification feature to remind the due date of my loan repayment(s). Highly recommend this app to anyone who is looking for a good app to manage their debt(s).
Great app
Help keep you on track to becoming debt free
- $2.99
- Category: Finance
- Updated: Mar 21, 2011
- Version: 4.2.4
- Size: 0.8 MB
- Language: English
- Seller: Matthew King
- © Matthew King
Requirements: Compatible with iPhone, iPod touch, and iPad.Requires iOS 3.0 or later
