Baby Step 2

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Permalink Reply by William on August 27, 2008 at 10:40pm

That's awesome!

I plugged in my numbers, and assuming I was able to start baby step #2 on 9/1/08, paid an extra $90/mo towards debt (above the minimum payments), and didn't have any emergencies, I would be debt free, aside from the house, in exactly 4 years. I would have all but the car and 2nd mortgage paid off in just 2 years, and it would only take me 5 months to have the first credit card paid off.

This is an awesome tool. I need to show it to my wife.

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Permalink Reply by Joe Ingersoll on September 2, 2008 at 7:59am

I finally got a chance to sit down and take a look at this tool over the weekend. It's great!

Thanks for posting Eric!

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Permalink Reply by William on September 2, 2008 at 5:47pm

I think that spreadsheet would make a good addition to the Resources page.

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