Add Your Debts

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Enter Debt:

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Commits to debts are considered Expenses
It costs money to pay off a debt, so it is automatically assumed to be an expense. This keeps everything tidy.
What compound period should you choose?
It depends on what your debt is. Some credit cards compound monthly. Student loans typically compound daily. Look up what the rate is on your debt.
Financed/Mortgaged assets are both debts and assets. Enter an asset entry for them as well
(Ex. You are financing a $15,000 car. Enter the car as a $15,000 asset, then add a $15,000 debt with the financed interest rate.)
What if your debt situation is shown to be unresolvable?
We highly encourage you to seek financial help from a professional immediately.