Calculating Debt Reduction in Excel
If you have contracted a debt that you are paying slowly, Excel templates are the perfect tool to keep track of the debt reduction you are carrying out. Thanks to the sheets of Excel you will be able to calculate the part of the debt paid and the one that you have yet to pay.
How does the Excel template work to reduce debt?
The Excel template to calculate debt reduction serves to plan the most appropriate method to go paying our debts. No matter what type of debt it is: credit cards, loans, loans … this Excel template is designed to perform the necessary calculations that will allow us to know what our highest and lowest debt is, how much we have already paid and how much we still have To pay
One of the most important points in a debt are interest, so it is important that we keep them in mind and are present in our spreadsheets. Also, it is interesting that our template for debt reduction in Excel includes a payment schedule that will avoid forgetfulness or excuses when paying. Fortunately, the program Excel is a great ally of the calendars, being able to create or download calendars in Excel that facilitate that maintenance of the payments.
Download template to control debt in Excel
If debts drown you and you do not get the calculations, download this Excel template. With it you can keep track of the state in which you are financially, what you have already achieved and what you must do to be able to meet the goal of payment that you have established or have decided. Remember that one of the advantages of Excel templates is that you simply download and fill them with your own data. So easy and simple!