A Great Debt Management Tool
The relatively unstable income of freelancers may be particularly hard to bear when there are debts to pay off. That’s why it’s always a good idea to stay on top of your various financial liabilities.
Vertex42 features a great Excel spreadsheet package that automatically calculates and presents various methods to manage your debt. You can opt to choose a plan that concentrates on paying off your lowest balances first, the high interest first method, or somewhere in between.
The package contains two files, a debt reduction calculator where you list your debts, and a payment schedule that tells you what to pay and when. The latter is automatically generated by the information you enter into the reduction calculator. (thanks Get Rich Slowly)
Tags: Debt Reduction Calculator, Excel package, Excel spreadsheet, Payment Schedule Generator, Vertex42Related Stories
POSTED IN: Freelance Finances
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