Dear Visitor,

I'd like to take this opportunity to say "Thanks very much!" for visiting
It's Your Money! and for downloading this financial spreadsheet. (Feel free
to try out all my others, too!) I truly hope that the spreadsheets and tools I've
made available there help you as much as they've helped me.

I’m going to go out on a limb here. I'll guess that since you've downloaded
and opened this spreadsheet, that little voice inside your head is urging you
to take action (somehow!) to improve your financial situation. I know all about
that voice. I spent way too many years ignoring it!

That said, I am being entirely honest when I say that the single most effective
thing I ever did for my family's finances was to start planning our spending on a
monthly basis. You can call it "budgeting" if you want, but "budgeting" doesn't
sound the least bit fun. And if you play your cards right, and let spreadsheets
help you, you can actually make your "budgeting" fun.

That's where the "You Need A Budget" spreadsheet comes in. I've seen a lot of
budgeting spreadsheets over the years, and this one beats 'em all. Handily.
(Personally, I couldn't build anything nearly so cool.) I mention this only because
I know the power of a good spending plan ("budget"), and "You Need a Budget" is
about as good as it gets. If you'd like to know more, just click the YNAB icon below
to read my review.

Once more, thanks very much for stopping by!

Michael @ It's Your Money!

DebtTracker Spreadsheet
For the very latest instructions, tutorials, and FAQs relating to my DebtTracker spreadsheet, head to:

DebtTracker Spreadsheet Details Page

Also, if you feel the DebtTracker spreadsheet is worthy of a small donation, you can do so (via Paypal) on
that same page.

I hope that the DebtTracker aids you greatly in your quest for debt freedom!

Regards,
(via Paypal) on
 DEBT TYPES HOUSEHOLD INCOME
Annual Monthly
1 Credit Card Amount Average
2 Mortgage Gross (Pre-tax) $60,000 $5,000
3 Auto / Vehicle Loan Net (After Tax) $35,000 $2,916
4 Student Loan
5 HELOC
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This page is simply a convenient place to store account-related information for any banks, utilities, or other businesses.

Name Institution Address Phone Contact Account #

Citibank Visa Citibank Attn. Payments Dept. 800-444-5555 Stan Stanson 1234-5678-9012-3456

1 1111 NW 32nd St.

New York, NY 10010-1202
Electric Service Texas Gas 1301 N. 158th Place 555-8787 38-98345622

2 & Electric Waco, TX 71234-5678

Main Bank First Nat'l 82 N. Spencer Terrace 555-8989 Checking: 123456-001

3 Account Bank of
Ft. Worth
Ft. Worth, TX 71237-1234 Fax 555-9090 Savings: 123456-000

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 Payment Avg. Payment
Client Name Amount Owed Arguments Due Date Amount Notes
$ 1,780.00 10/10/2007 $ 105.00

$ - 15th $ 110.00

$ -
 SORT BY: TYPE
SORT FROM: Lowest to Highest GO!

INITIAL or
DEBT NAME TYPE RATE LIMIT HIGH BALANCE CURRENT BALANCE
Bob's Boats Auto / Vehicle Loan 14.8% $ 9,000.00 $ 7,000.00
GMAC Auto / Vehicle Loan 9.9% $ 20,000.00 $ 14,000.00
Visa 2 Credit Card 17.0% $ 1,350.00 $ 1,000.00 $ 900.00
Mastercard Credit Card 15.9% $ 5,000.00 $ 4,000.00 $ 3,000.00
Mastercard 2 Credit Card 10.8% $ 5,000.00 $ 4,980.00 $ 3,700.00
Roger's Antiques Credit Card 19.9% $ 300.00 $ 200.00 $ 100.00

$ 11,650 $ 39,180.00 $ 28,700.00

 APPROXIMATE
APPROXIMATE MONTHS 'TIL
MIN. PAYMENT UPDATED INTEREST/MONTH PAYOFF % LIMIT USED
$ 400.00 23-Sep-06 $ 86.33 20
$ 475.00 23-Sep-06 $ 115.50 34
$ 30.00 23-Sep-06 $ 12.75 39 66.7%
$ 53.00 23-Sep-06 $ 39.75 105 60.0%
$ 37.00 23-Sep-06 $ 33.30 257 74.0%
$ 25.00 23-Sep-06 $ 1.66 4 33.3%

$ 1,020 $ 289.29
Lowest to Highest
Highest to Lowest
 BALANCE AS %
CURRENT PRINCIPAL PAID OF TOTAL NON-
TYPE OF DEBT BALANCE TO DATE MORTGAGE DEBT
1 Credit Card $ 7,700.00 $ 2,480.00 26.8%
2 Mortgage $ - $ - n/a
3 Auto / Vehicle Loan $ 21,000.00 $ 8,000.00 73.2%
4 Student Loan $ - $ -
5 HELOC $ - $ -
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Total Debt (excl. mortgage) $ 28,700.00
Total Debt (incl. mortgage) $ 28,700.00

ANNUAL INCOME, ANNUAL INCOME,

GROSS NET
Debt-to-Income Ratio (excl. mortgage) 0.48 0.82
Monthly Housing Ratio n/a n/a

Credit Card Utilization Ratio 66.1%

 TOTAL
MONTHLY
PAYMENTS
$ 145

$ 875

$ 1,020
$ 1,020

MONTHLY MONTHLY
INCOME, INCOME,
GROSS NET
0.20 0.35
n/a n/a
Debt Name: FirstBank Visa

Debt Paydown

$12,000.00

$10,000.00

$8,000.00

$6,000.00

$4,000.00

$2,000.00

$-

12/30/99

12/30/07

12/30/15

12/30/23

12/30/31

12/30/39

12/30/47

12/30/55

12/30/63
Date Balance
01/28/06 $10,000.00
02/28/06 $ 8,000.00
03/28/06 $ 7,125.00
Input new dates and
04/28/06 $ 7,010.00 balances as your
05/28/06 $ 4,900.00 paydown progresses.
 Balance
12/30/03
12/30/95
12/30/87
12/30/79
12/30/71
12/30/63

Debt Paydown
12/30/55
12/30/47
12/30/39
Debt Name: [Insert Debt Name Here]

Debt Paydown

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Date Balance

Input new dates and

balances as your
paydown progresses.
Debt Paydown

Balance
Debt Name: [Insert Debt Name Here]

Debt Paydown

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Date Balance

Input new dates and

balances as your
paydown progresses.
Debt Paydown

Balance