The key to accelerating your debt freedom journey to is create and (do your best to) stick to a budget. If money is tight, and you’re not sure how much (if any) extra you can put toward an accelerated debt payoff plan just stick with the Debt Progress sheet’s suggested Monthly Payment Goal. As you begin your debt freedom journey with Tiller you’ll start to get a clear picture of your spending. You’ll identify areas where you can decrease spending in one or more categories and use that extra cash toward debt payoff.
We’ll cover these four steps in depth:
- Setting Up Groups and Categories
- Categorizing recent transactions
- Setting up the Budget sheet
- Adjusting for accelerated debt payoff progress