Use iPhone to Achieve Financial Freedom
11:23 pm, April 1st, 2009, Lonnie Lazar

It might have helped a few folks if Debt Snowball Pro, a new app coming to the iTunes app store, had been released sooner, but who can really argue with the timeliness of a tool to help eliminate debt using the “debt snowball” method endorsed by finance guru Dave Ramsey and other professionals?
You can choose to pay off debts with higher interest rates first (to save money), or those with the lowest balances (for small, motivating successes along the way). Debt Snowball Pro shows you just how much money you’ll save by choosing these methods over making minimum payments. And it keeps you up do date on how much interest you’ve saved, when your payoff dates are, and when you’ll be debt-free.
Due to be priced at $2.99, Debt Snowball Pro is similar to the Parallel Focus app Pay Off Debt (opens iTunes), which it follows into the AppStore by just two weeks.
Posted by Lonnie Lazar in Quickies, Software, iPhone | Comment on this article












Both follow Debt Freedom, which was released March 6th, and is already at version 1.1 and is the 15th ranked paid finance app as of today.
Jason, on April 2nd, 2009 at 4:58 am
I wonder how much quicker one could pay off debts by not continuing to pay $2.99 for the kind of apps that one could find for free all over the web. Plus, are people doing all their financial planning on the bus using an iPhone?
Sorry, I guess I’m cranky today.
ItsGene, on April 2nd, 2009 at 1:26 pm
This application seems OK. I would recommend Mint ( http://www.mint.com/features/ )for the iPhone. It is FREE and is just as good as the above mentioned applications if not better! You will certainly be happy you gave that Application a try!
411macjunkie, on April 5th, 2009 at 7:04 pm