đź“‘ Pay Off High-Interest Debt Faster with the Avalanche Method
Welcome to another spreadsheet tutorial! Today I’m introducing a Debt Avalanche Calculator built in Google Sheets. This tool helps prioritize debt repayment based on interest rates—not just balances. The avalanche method is ideal for minimizing total interest paid over time and accelerating your path to financial freedom.
Whether you're managing personal finances or guiding others through debt recovery, this calculator offers a clear, editable way to track progress and make informed decisions.
Top Benefits of the Avalanche Method
- Minimize Interest Paid: By targeting high-interest debts first, you reduce the total cost of repayment.
- Faster Payoff Timeline: More of your money goes toward principal, not interest—accelerating your progress.
- Data-Driven Strategy: Perfect for users who want the most efficient path to debt freedom.
- Flexible and Adaptable: Adjust your monthly budget or reorder priorities as needed.
- Clear Visuals and Milestones: Track progress and stay motivated with built-in summaries.
How to Use the Calculator
Note: Cells highlighted in yellow are the only cells you should edit. All gray cells contain formulas and should not be changed.
How to Access the Spreadsheet from Etsy
If you purchased this calculator from my Etsy shop, here’s how to access it:
- After checkout, download the PDF file provided by Etsy.
- Open the PDF and click the Google Sheets link inside.
- Go to File > Make a Copy to save your own editable version.
- Start entering your debt details in the yellow-highlighted cells!
⚠️ Please do not request access to edit the original file—just make your own copy.
Disclaimer
This calculator is for informational and educational purposes only. It does not constitute financial advice, and results may vary based on actual loan terms and individual circumstances. Please consult a qualified financial advisor before making any debt-related decisions.
Get the Debt Avalanche Calculator
Here is the link to the tool: Debt Avalanche Calculator on Etsy
Preview Images
Here are a few promotional images I use for advertising. Click any image to visit the Etsy shop:
Final Thoughts
Thanks for visiting—I hope you find this tool helpful and easy to use. The Debt Avalanche Calculator is designed to simplify debt repayment, reduce interest costs, and give you a clear path toward financial freedom. If you’re ready to take control of your finances, this spreadsheet is a practical first step.