This video demonstrates a debt snowball calculator. Use this to plan debt payoff. This shows you how even putting a small amount of extra money towards debt each month can have a huge long-term impact on how much interest you pay over time.
https://www.financialmentor.com/calculator/debt-snowball-calculator
Good luck on your path to being debt free.
Disclaimer: This video is not intended to replace advice from your CPA or tax preparer.
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