debt
You can pay it off the old-fashioned way, one dollar at a time, but you may find that some technological assistance will help you become debt-free in a shorter period of time, enabling you to start benefitting from compound interest, rather than being a victim of it.
If you need a little help, debt management apps can help you organize and manage all of your debts in one place. Just input all debt data into your phone and manage them there.
Tally is a debt management app that makes it easy to save money by automating your credit card payments to help you reduce your debt faster.
Debt Book is an app for borrowers as well as lenders. It allows you to track and update your debt in a “Master Book,” which shows your borrowed/lent amount, how much has been paid/collected, and how much remains.
Debt Manager uses your debt information to create progress bar graphs to help you see how far along you are in paying off each debt, how much debt is remaining, and your interest rate.
Pay Off Debt
Pay Off Debt helps you choose the payoff method and order that works best for you. You can use the debt snowball method, debt avalanche method, or something else.
Mint
Mint gathers everything in one place—your cash, credit cards, loans, investments, credit score, and more. Track your bill payments, budget for future payments, and get alerts when you overspend or a bill is due.
Regardless of what approach you prefer to manage your debt, these apps have options for everyone. We suggest looking at which app works best for you and personalizing it to fit your needs.