Many of us unfortunately have debts, but it is how we manage those debts which can make a big difference. A highly popular application which helps users understand, and use the Debt Snowball Method has just been updated.
Debt Free 1.6.1 is available for owners of the iPhone, iPod Touch, and iPad. Users will learn the skills required with the Debt Snowball Method. They can learn the method which pays minimum payments on all other debts while concentrating on one thing at a time. This method is often recommended by financial experts for debt management.
Users can monitor and organize their debts with the app as they head towards clearing them once and for all. The application is currently ranked as the 5th most popular finance app. It will automatically analyze the information inputted by the user and give them an effective repayment schedule to follow.
Users are even given a date when they will become debt free. The application has received many five star reviews from users who have already started using the app. Debt Free 1.6.1 is available worldwide on the App Store for the discounted price of $0.99/£0.59. iOS 4.0 or later required.