Debt Snowball Spreadsheet Template (32 Debts)

4.54 out of 5
(172 customer reviews)

$9.99

This debt snowball spreadsheet will:

  • Handle up to 32 debts, so you can use it even if you’ve amassed a lot of debt
  • Show you when you can pay off your debt, depending on the strategy you pick
  • Create a plan that will walk you through each payment step by step
Category:

Description

As seen on CNBC and Business Insider, updated for 2023. The best debt snowball spreadsheet template for Microsoft Excel and Google Sheets out there. I get it, it’s a big claim, but I actually used a *worse* first version of this to get out of debt myself. I succeeded, and so have thousands. Just think what this updated version can do for you.

This is how it works:

  • Just enter your debts, the interest rates, and the minimum payments.
  • Provide the one-time amount you could put toward your debts immediately.
  • Include the additional monthly amount you could put toward your debts.

The LifeAndMyFinances debt snowball worksheet will crunch the numbers and show you when you’ll get to your debt-free future.

Easy, right?

Motivation is key when working with the debt snowball method. The debt snowball calculator will show you engaging, informative charts and graphs that will inspire you to stick to the program (or suggest better approaches!).

Finally, you can go into manual override, and if the big payoff comes a bit too late for your taste, you can tweak additional payments so create your own models.

Not sure about the debt snowball method?

This debt payoff method is endorsed by the Kellogg School of Management and the Harvard Business Review as arguably the best, most sustainable get-out-of-debt strategy. The debt snowball spreadsheet is actually how I erased $116,000 of debt before turning thirty. I want to share this method with the world because it has life-changing potential.

Get it now (literally, _now_).

(When you download the tool, the first file is our newly updated file with a full dashboard. If you’re using Google Sheets, we have a download for that too. You’ll see it upon purchase.)

172 reviews for Debt Snowball Spreadsheet Template (32 Debts)

  1. 5 out of 5

    Sabrina Haney –

    Great template to use for debt paydown.

  2. 1 out of 5

    kasey gonzalez –

    Hard to navigate and customize

  3. 5 out of 5

    Kelley Cox –

    It was a great purchase.

  4. 5 out of 5

    Amy Skowronski –

    Saved me loads of time vs. building my own tool. Easily customizable.

  5. 5 out of 5

    Jamie Goldberg –

    Great template and works perfectly

  6. 5 out of 5

    Tessa Gordon –

    Item is just as described

  7. 5 out of 5

    Rachel Easterling –

    This is a great debt snowball tracker.

  8. 5 out of 5

    Chad –

    It was Helpful and user friendly.

  9. 5 out of 5

    Joseph Kirkland –

    Great debt snowball spreadsheet. Perfect

  10. 5 out of 5

    Erin Zurcher –

    Product is wonderful to get all bills down and see what you need for the future

  11. 5 out of 5

    kelly goldman –

    great visualization of snowball payoff

  12. 5 out of 5

    Jess –

    Using every day to help tackle my debt

  13. 4 out of 5

    Nargis Fontaine –

    This is helpful and lets me lay out all of my debt on one page

  14. 5 out of 5

    COURTNEY DELANEY –

    Matched description given with product

  15. 5 out of 5

    Jacquelyn Boutot –

    Easy to understand and use

  16. 3 out of 5

    Laura Gill –

    Not the greatest but maybe I didn’t read description well

  17. 5 out of 5

    Tiffany Varela –

    This is the second one I’ve purchased (because I lost the original file) either way totally worth it! Complete budget saver.

  18. 5 out of 5

    Natalie Stephens-Stewart –

    Please do not force buyers to leave a review

  19. 5 out of 5

    Sam Carman –

    Great spreadsheet for the debt snowball.

  20. 5 out of 5

    Arlesia –

    Love this spreadsheet for budgeting.

  21. 5 out of 5

    Charity Gulley –

    Very detailed, exactley what I was looking for.

  22. 5 out of 5

    Caitlin Baker –

    Exactly what I was looking for!

  23. 5 out of 5

    Shauna –

    It helps to see some light at the end of the tunnel.

  24. 5 out of 5

    Heather Harrington –

    As someone who’s been on a journey towards financial freedom, I can confidently say that finding the right tools to manage debt is crucial. The Debt Snowball Spreadsheet is a game-changer. This spreadsheet is straightforward, clean, easy to understand, and most importantly, easy to use. This spreadsheet not only helps me visualize my debts but also creates a clear roadmap to pay them off systematically. Seeing those balances decrease with each payment is incredibly motivating.

  25. 5 out of 5

    Jessica Pavley –

    Exactly what I needed – easy to plug and play

  26. 4 out of 5

    Suzanne Wansley –

    Great way to start the new year.

  27. 5 out of 5

    Wendy Ban –

    Great product, very helpful. Thanks!

  28. 5 out of 5

    Brian Williams –

    Works great and helps paint a clear picture towards paying off debt.

  29. 5 out of 5

    Frannie Landry –

    Not sure why this is requiring me to rate shipping because it was a digital download. Had no issues at all.

  30. 5 out of 5

    David Duke –

    Great spreadsheet! This will be really helpful.

  31. 5 out of 5

    Mattie Bell –

    Easy to use and very helpful

  32. 5 out of 5

    Samantha –

    Just what we needed and the simplicity is perfection!

  33. 5 out of 5

    Jamie –

    Great tool. Very well done.

  34. 5 out of 5

    Michael Monteclaro –

    Helps me keep track of my debt! Thank you!

  35. 5 out of 5

    Erica Lasseter –

    This is just what I was looking for! Thank you so much!

  36. 5 out of 5

    Zack Arbogast –

    I accidentally purchased twice and they were very responsive to get my refund.

  37. 5 out of 5

    Angela Redmon –

    This will be super helpful

  38. 5 out of 5

    Ashley Beall –

    Easy to use and very helpful

  39. 5 out of 5

    Faith Adams –

    I am enjoying the spreadsheets.

  40. 5 out of 5

    Shannon Wax –

    I love this spreadsheet! It makes the snowball method so easy to follow and know exactly where your money needs to go, which debts to pay down first. Thank you, very helpful!

  41. 5 out of 5

    Sandy Lenichek –

    very nice exactly as advertised Thanks !

  42. 4 out of 5

    Kathrine Whipkey –

  43. 3 out of 5

    Charles –

    It did not match the image with darker look

  44. 1 out of 5

    Virginia –

    Seller never contacted me after numerous attempts to reach out to them. Ended up contacting Etsy and charges were refunded.

  45. 5 out of 5

    Bryce A. –

    Really helped break down my debts and gives me a solid view of how quickly I can pay them off with consistency! Excellent product!

  46. 5 out of 5

    Misty Coryell –

    Thank you for the follow up and quick answer to my question.

  47. 3 out of 5

    Jada –

    Works well enough. The dashboard seems to be broken on the download and the links don’t work well. But the tabs are there and the calculations look good.

  48. 4 out of 5

    Lauren Jean –

  49. 3 out of 5

    Nela –

    I had no communication back when I needed help with the use of the spreadsheet for my needs.

  50. 4 out of 5

    Caitlin Shafer –

  51. 3 out of 5

    Michelle Stiger –

  52. 5 out of 5

    Jackie –

  53. 5 out of 5

    David Davis –

    Great item to add to anyone’s budget calculations. The calculations work as they should and paint a great picture of how to get out of debt without defaulting or depending on someone else to take on the debt you incurred. Highly recommend this product.

  54. 5 out of 5

    Skin Savvy Cafe –

    LOVE IT!!! It exceeds my expectations, fits the description, and is a great purchase.

  55. 3 out of 5

    Ciara Baker –

  56. 5 out of 5

    Callie –

  57. 5 out of 5

    Joshua Fuhrman –

    Very helpful file! love it.

  58. 5 out of 5

    Margaret Osimani –

  59. 4 out of 5

    Rebecca –

    so much easier than me trying to figure out my own spreadsheet!

  60. 5 out of 5

    Lindsay Stewart –

  61. 5 out of 5

    Julia Fernandez –

  62. 5 out of 5

    Yolanda –

    very quick download. just what i needed to help manage debt. the visuals and google doc formulas are easy to use.

  63. 3 out of 5

    Rebecca H –

    The workbook is good, but not great. I am using it, since I bought it. One problem is that you can’t state how much you want to pay, or fenagle the worksheet to preferences. Another problem we ran into is that we are not able to share the worksheet. When I sent the completed worksheet to my husband for review, the worksheet wouldn’t apply any of the changes he made. It’s as if the code got lost when it was shared. This was a real hassle for us. Other than these issues, the worksheet is okay.

  64. 5 out of 5

    Sabrah –

  65. 5 out of 5

    Courtney porter –

  66. 5 out of 5

    Maeve Coleman –

  67. 5 out of 5

    Donna Allen –

    great product…glad I purchased it

  68. 5 out of 5

    Ginny Simons –

    Extremely easy to use, just wish there were a version for Numbers (Mac) as the excel version doesn’t transfer correctly.

  69. 5 out of 5

    Jenail M –

  70. 5 out of 5

    Jason Harrington –

    Easy to use and works well.

  71. 5 out of 5

    Sarah Moyano –

  72. 5 out of 5

    Angie McGovern –

  73. 5 out of 5

    Meredith George –

  74. 5 out of 5

    Shani Robinson –

    This is the best spreadsheet I have ever seen for paying off debt. Super easy to use and very helpful. So useful and it’s easy to see how your debt decreases with each month. This is highly recommended!! Thank you!!

  75. 5 out of 5

    Karina Riscos –

    Good product good price

  76. 5 out of 5

    Chris Roux –

  77. 5 out of 5

    Heather Jones –

  78. 5 out of 5

    Ashley –

  79. 5 out of 5

    Shia Kohrs –

  80. 5 out of 5

    cherese –

  81. 5 out of 5

    Nicole Davis –

  82. 5 out of 5

    Alexandria Beaudry –

    The item matched the description and took the legwork out of a document I’ve been trying to find a way to perfect for a while. A couple features don’t seem to work, but the bulk of info (what I need) updates well.

  83. 5 out of 5

    Sara Lauritsen –

  84. 5 out of 5

    Danny –

  85. 5 out of 5

    Sarah Frohlich –

    great file and fast download

  86. 5 out of 5

    Azuredee Doyle –

    Great! We love it! Thanks!

  87. 5 out of 5

    Paul –

  88. 5 out of 5

    Jose –

    Great way to manage debt.

  89. 1 out of 5

    Casey Zweigle –

  90. 5 out of 5

    Jessica Scott –

    Easy to use.

  91. 5 out of 5

    Wizen D –

  92. 5 out of 5

    Nilsa Sanfilippo –

  93. 5 out of 5

    LaQuanna Franklin –

  94. 5 out of 5

    Megan Nicholson –

    Great tool!! Appreciate the ease of use!

  95. 5 out of 5

    Denise –

    Easy to use and very helpful.

  96. 5 out of 5

    Erika Seiberlich –

  97. 5 out of 5

    Amanda Y –

    Love it and easy to use!

  98. 5 out of 5

    Travis Stahlhut –

    Exactly what I was looking for

  99. 2 out of 5

    Shaylyn –

    Can’t make edits once your credit information is in. It messes up the Debt Snowball Calculator. Mine is telling me to not pay two of my cards for several months ???

  100. 5 out of 5

    Randa Lynnae –

  101. 5 out of 5

    Roselynn Rodriguez –

    This resource is very simple to use and includes very motivating features. The seller was extremely helpful figuring out a little technological glitch. We’re on our way to follow the clear plan outlined in our Debt Snowball Spreadsheet!

  102. 5 out of 5

    Melissa Mahaley –

  103. 1 out of 5

    Kyndra –

  104. 4 out of 5

    Christine Murphy –

  105. 3 out of 5

    Julio –

    One of the files continues to give me errors with the formulas.

  106. 3 out of 5

    Trish Bavaro –

    Not exactly what I was looking for but It works very well

  107. 1 out of 5

    Gina –

    I cannot edit or put in my own information. It has three red marks where it looks like I should enter my own info but nothing works. Bummer because I was looking forward to getting my financial life together!

  108. 4 out of 5

    Mandy Lee –

    It was ok for getting started.

  109. 5 out of 5

    Nicole Cardone –

  110. 5 out of 5

    Tracy Raketic –

    Works wonderful! Helped me visualize my plan to be debt free, including the house.

  111. 5 out of 5

    Tali gregory –

  112. 5 out of 5

    Brittany Leatherwood –

    Works as intended and expected.

  113. 5 out of 5

    Deseret Trading Company –

  114. 5 out of 5

    Claudia Mazuelos –

  115. 5 out of 5

    TRD Designs –

    Works as expected. Thanks for adding additional debts. I like the layout of this way better than others I’ve seen.

  116. 3 out of 5

    Inessa Lechner –

  117. 5 out of 5

    Misty Grover –

  118. 5 out of 5

    Lisa Harper –

  119. 1 out of 5

    Michelle Lee –

    Unable to access. Says there is a virus attached so unable to access. Am not happy

  120. 4 out of 5

    Sarah –

  121. 3 out of 5

    Rachel C –

  122. 5 out of 5

    Emily Law –

  123. 5 out of 5

    Ysleta Mission Gift Shop –

    Super easy to use and time saver!

  124. 5 out of 5

    Johanna Fay –

  125. 5 out of 5

    Karina Browning –

  126. 5 out of 5

    Angela Hohula –

  127. 5 out of 5

    Curtis Hopkins –

    Very easy to use! I can finally see the light at the end of the tunnel

  128. 5 out of 5

    Laurie Barton –

    Great excel sheet that will get me on the road to financial freedom thank you so Kuching!

  129. 5 out of 5

    Sean Mc Andrews –

    Please write at least six words. It’s Great!

  130. 5 out of 5

    Nina Strother –

  131. 5 out of 5

    Allison Heller –

  132. 5 out of 5

    Erika Staggs –

    I filled this out and feel like I have a goal. It is a very helpful tool

  133. 5 out of 5

    Alison Everest –

  134. 5 out of 5

    Jordan Flannagan –

  135. 5 out of 5

    Deborah Wilt –

    I can already see the benefits of this. Very excited about implementing it and appreciate its simplicity. Great investment! Thank you!

  136. 5 out of 5

    Corina –

    Highly recommended; Easy to Use

  137. 5 out of 5

    Ana Larson –

    Helpful. Informative. Easy to use.

  138. 5 out of 5

    Samuel Powell –

  139. 5 out of 5

    Mirenda McArdle –

  140. 5 out of 5

    Monica Jones –

  141. 1 out of 5

    Patti Farrell –

  142. 5 out of 5

    Brittany –

    this helps me so much

  143. 5 out of 5

    Walmsley Family –

  144. 3 out of 5

    ADS Cute Designs –

  145. 5 out of 5

    Kristi Parrish –

    Love it, super helpful

  146. 4 out of 5

    Sarah Shepard –

  147. 5 out of 5

    John –

    . . . . .

  148. 1 out of 5

    Diana Dietz –

    I think when sending files for download, someone from quality assurance should download the file to see what the potential customer may be looking at when they open it and verify all the features work. But because I work with Excel, I was able to fix the issue, so I won’t be asking for a refund. That is all.

  149. 5 out of 5

    Kiara –

  150. 3 out of 5

    Gaynelle Sanders –

    It wasn’t quite what I was looking for.

  151. 5 out of 5

    Christie Whitzell –

  152. 5 out of 5

    Sign in with Apple user –

    Product as described. I am able to see light at the end of the tunnel and based on projections will have 32k paid off in 18 months

  153. 5 out of 5

    Dexter Hollen –

    I tried to save this file in Excel, however, had a problem in trying to do so. This was a few days ago so I have to revisit it and try again. As I recall it appeared to be in PDF format that does not work for me. Perhaps I am wrong, I will have to look at it again.

  154. 5 out of 5

    Maya Methot –

    It’s perfect! Exactly what I needed and it’s given me a great sense of control to see everything organized this way.

  155. 5 out of 5

    Leonard Baker –

    Exactly what I needed and if I stick to it I’ll be debt free again in about 18 months!!\nDerek is a great inspiration, as well as takes the time to make sure things are working for those of us who are Excel illiterate. I messed up on mine and he was kind enough to take the time and effort to fix it for me…above and beyond customer service much appreciated! Thank you Derek!!

  156. 5 out of 5

    Daniel lowery –

    Great spreadsheet that was super helpful

  157. 5 out of 5

    rhonda yates –

    Very useful tool in my debt reduction strategy!

  158. 5 out of 5

    Jody Edwards –

    Macros didn’t work for some reason but the important part of the spreadsheet was incredible! Managed all 13 of my debts and showed me how to pay them down in less than 3 years! Amazing!

  159. 1 out of 5

    Tonneisha Owens –

    The spreadsheet loads data very slowly. IT took over an hour to input all the information that I had right in front of me. dont waste the few bucks

  160. 4 out of 5

    jessica bird –

  161. 5 out of 5

    Yesenia Serrano –

    I got the free one and loved it so much I bought it because is simple and organized and to the point

  162. 5 out of 5

    Angie –

  163. 5 out of 5

    Damera Blincoe –

    I love this spreadsheet 😊

  164. 5 out of 5

    Stephanie –

    My favorite debt tracker that I always use.

  165. 5 out of 5

    Jasinda Muhammad –

  166. 3 out of 5

    LILY NAVAS –

    TO MUCH FOR WHAT I NEEDED

  167. 5 out of 5

    Redd Robins Room –

    Great product! I can actually breath a little better after entering all of my information and seeing a light at the end of the tunnel! Great customer service as well! Highly recommend.

  168. 5 out of 5

    MELISSA APPLE –

  169. 5 out of 5

    Kandice Meyer –

  170. 4 out of 5

    Annie Claus –

    I love the product however the second page does not work for me or perhaps I just don’t understand it. Overall a great tracker for paying off debt.

  171. 5 out of 5

    Lorene –

    Saved me a lot of time from making this on my own. Works great!

  172. 5 out of 5

    Nicholas Grossi –

    Great product and extremely needed for my financial peace.

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Debt Snowball Spreadsheet Template (32 Debts)
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