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.
