Dead On Last Payment Calculator spreadsh free download, Dead On Last Payment Calculator spreadsh download on software download

This calculator will show you one of the quickest ways to pay off your credit card or other debt (popularized by David Bach of "Finish Rich" fame). It does the job of sorting out your debts into the right repayment order, which will greatly reduce the payoff time and the amount of Interest you pay. There are two main philosophies regarding debt repayment. The first is to use the most mathematically perfect method to reduce the amount of interest PAID during the debt payoff. The way to do this is to pay down the highest-interest debt first; e.g. paying down the $10,000 14% interest credit card Balance before the $1,000 5% student loan. The second philosophy is to take into consideration the effects of human nature on debt repayment. For example, pay down the smallest debt first in order to achieve a quick "victory" and maintain Motivation to pay down the larger debts. There is only one method that belongs to the first philosophy above, the "mathematically perfect" way to pay down debt and pay the least amount of interest possible. There are many other methods that belong to the second philosophy above. The Dead On Last Payment Calculator is one of those. It will help you to put your debts in a payoff order that will help you stay motivated about paying off your debts.

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