Debt Management Tool

Are you struggling to keep track of your personal finances? It can be difficult to understand where all of your money goes, especially if you have numerous small expenses. Thankfully, Debt Management Tool is an intuitive software application that can help you take control of your expenses and debt.

With Debt Management Tool, you can easily input your monthly expenses and income to get a clear picture of your financial situation. The application supports 30 different expense types, which can be customized to fit your unique lifestyle. For instance, if you don't have a child but go to school, you can easily replace "Day Care" with "Books."

Additionally, you can select whether each of your expenses is a "Want" or a "Need." This information makes it easy to determine which expenses are essential and which can be cut back to meet your financial goals.

Once you have entered all of your expenses and income, you can start playing with the tools to see how much you could save each month by making certain sacrifices. For example, you could see how much you could save by cutting back on unnecessary expenses labeled as "Wants."

Finally, when you're ready to tackle your debt, Debt Management Tool allows you to input your loans and interest rates. You can then see how quickly you could pay off your loans and which ones should be paid off first. Overall, Debt Management Tool is an easy-to-use software application that can provide valuable insight into your personal finances.