Before you start a debt payoff plan, it helps to have a baseline ... for those who want to see as much detail as the Vertex42 Excel (spreadsheet), but in an online format," she explains.

There’s a variety of debt payoff apps ... a debt reduction spreadsheet on your own, doing so may be complicated and time-consuming unless you’re skilled with Microsoft Excel or Google Sheets.

There are well-known debt payoff strategies out there like the snowball ... it wasn’t until Tyler created an Excel spreadsheet to track every expense that they realized they were overspending ...