You can use your favorite social network to register or link an existing account:
Or use your email address to register without a social network:
Sign in with these social networks:
Or enter your username and password
Forgot your password?
Yes, please link my existing account with for quick, secure access.
No, I would like to create a new account with my profile information.
I know that there exists people who—without fail—stick closely to their budget, always pay every single bill on time (and in full) and still have money in their paper route or babysitting savings account. I would not be one of those people. (I'm not even sure I know one of those people—oh wait: my dad. I guess sometimes the apple falls on the other side of the universe.)
One of the things I seem to have trouble with is keeping up with debt (and in my case, I have a lot of it). And for me, "keeping up with" doesn't just mean knowing how much I owe (and despair over); it also means understanding how interest rates work, what pay-off strategies are, and how to figure out a way to free myself form the bonds of debt. When I was doing research for the post, I came across a neat little spreadsheet that is so cleverly created and laid out that even me, a virtual money idiot, could figure it out and maybe even help myself financially.
But first, the company that created this handy tool. Vertex42is a leading provider of Excel, templates, financial calculators, and calendars. The company was founded in 2003 by Jon Wittwer while he was working on a PhD in mechanical engineering and I have to say that I am impressed. I really dove into this site and learned a whole lot—much more than I expected. Vertex42 doesn't just provide templates and calculators; it also offers tons of freebies; links to publications, academic institutions, web sites, consultants, and directories; and also a library of articles. I've read some illuminating info on financial modeling, budgeting, and amortization. Dr. Wittwer, my hat is off to you.
But this is the freebie I'm talking to you about today: The debt reduction calendar, an Excel spreadsheet that can help you plan how to reduce credit card debt, auto loans, student loans, and other debts. It lets you choose from various debt reduction strategies, including the debt snowball strategy (lowest balance first). There are no macros associated with this spreadsheet and all you download is the spreadsheet itself.
So go on, go get started on reducing your debt ( I already did). And if you like what you see on the Vertex42 site, I suggest you become a Facebook fan and a @Vertex42 Twitter follower,
Let me know how it goes for you, will you? Tomorrow's freebie: The love of a good dog and an email attachment reminder.