Mr. Jamie Griffin
Mr. Jamie Griffin
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Make a Debt Snowball Spreadsheet with Easy Formulas for Interest Rates | Google Sheets and Excel
In this updated 2024 tutorial, learn how to create a powerful debt snowball spreadsheet using Google Sheets or Excel. This step-by-step guide walks you through the debt snowball method, helping you accurately calculate your debt payoff plan, including interest rates.
Mentioned Videos and Links:
🔗 Debt Snowball Consult (done for you) - mrjamiegriffin.thrivecart.com/debt-snowball-consult/
🔗 Debt Snowball Spreadsheet (free download) -
www.mrjamiegriffin.com/debtsnowballspreadsheet
Timestamps:
0:00 Introduction
0:23 Setting Up Your Spreadsheet in Google Sheets/Excel
2:32 Inputting Debt Balances and Interest Rates
3:51 Using a Formula to Calculate Debt Payment Reduction
6:36 Using the Debt Snowball Method for Repayment
Budget Spreadsheets:
🔗 50/30/20 Budget Template for $5 - mrjamiegriffin.thrivecart.com/50-30-20-budget-template/?ref=youtube
🔔 Subscribe: ua-cam.com/users/mrjamiegriffin
Budgeting Tips and Resources
Done for You Budget - mrjamiegriffin.thrivecart.com/done-for-you-budget/
Annual Budget Spreadsheet: mrjamiegriffin.com/annualbudgetspreadsheet
Monthly Budget Spreadsheet: mrjamiegriffin.thrivecart.com/monthly-budget-spreadsheet/
How to Start Cash Envelopes - ua-cam.com/video/jwr5rhW0OhA/v-deo.html
Digital Cash Envelopes with Qube Money - ua-cam.com/video/9-tjhrfp8wk/v-deo.html
Qube Money Homepage (affiliate) - mrjamiegriffin.com/qube
Sinking Fund Tracker - mrjamiegriffin.thrivecart.com/sinking-fund-tracker/
Read more on how to budget, save money and get debt free:
www.mrjamiegriffin.com
Let’s Connect
Instagram: mrjamiegriffin
Facebook: mrjamiegriffin
Twitter: mrjamiegriffin
Etsy: www.etsy.com/shop/mrjamiegriffin
TikTok: www.tiktok.com/@mrjamiegriffin
Join the Debt Free Community (free private FB group) - groups/getdebtfreecommunity/
Affiliate Disclosure - some of the links in the description or mentioned in the video are affiliate links. If you sign up through my link, I’ll get a small commission at no extra cost to you. I only recommend products that I think are awesome and that can change your life. Get more information on affiliates here - mrjamiegriffin.com/disclaimer/
#DebtSnowballSpreadsheet #GoogleSheets #Excel #DebtPayoffCalculator #DebtFree2024 #DebtRepayment #DebtSnowballMethod #DebtWorksheet #DebtFreedom
Переглядів: 11 869

Відео

Does Your Debt Repayment Strategy Actually Matter?
Переглядів 540Рік тому
Debt Snowball vs. Debt Avalanche: Which Debt Repayment Method is Right for You? In this side-by-side comparison, I create a debt snowball spreadsheet and a debt avalanche spreadsheet to see which one gets a real family out of debt the fastest. I also compare each debt repayment strategy to using the minimum payments. Mentioned Videos and Links: 🔗 Debt Snowball Consult (done for you) - mrjamiegr...
Tiller Money Not Updating Transactions? Here's How to Fix It!
Переглядів 1,5 тис.Рік тому
In this quick and informative video, we'll walk you through the steps to fix Tiller Money if it stops updating transactions in your monthly budget spreadsheet. Tiller Money is an excellent tool for creating automated budget spreadsheets that seamlessly connect to your bank accounts. However, sometimes you might encounter issues with transaction updates, but worry not - we've got you covered! Me...
Budgeting With Tiller Money: Setting Up Your Tiller Monthly Budget And Categories
Переглядів 3 тис.Рік тому
Take control of your finances effortlessly with Tiller Money Monthly Budget! In this tutorial, we'll show you how to set up a Tiller monthly budget using the Tiller Foundation template and create personalized budget categories within Tiller Money. The Tiller Money monthly budget shows you your planned expenses vs your actual expenses. Using Tiller money, you can automate spreadsheet your tiller...
Tiller Money Setup Tutorial and Review | Automate Your Finances
Переглядів 7 тис.Рік тому
In this Tiller Money setup tutorial, I'll guide you through the process of securely connecting your accounts, automating your spreadsheets, and optimizing your financial management. Say goodbye to manual data entry and hello to effortless tracking of your financial life! Discover the power of Tiller Money's monthly budget feature within the Foundation Template for Google Sheets and Excel. Custo...
How You Can Pay Off THOUSANDS with a Simple Spreadsheet (and why it works for anybody)
Переглядів 417Рік тому
Ready to get out of debt with a debt snowball spreadsheet? These are my 5 big reasons to make a debt snowball spreadsheet right now to help you get out of debt as fast as possible. You can use a debt snowball spreadsheet or the debt avalanche method. Either way, the debt snowball spreadsheet will help you organize your debt and find your debt free date today. Mentioned in the video: -Debt Avala...
Debt Avalanche vs Debt Snowball Real Life Example | Debt Payoff Calculator in Excel or Google Sheets
Переглядів 9 тис.Рік тому
Which debt payoff calculator will get you out of debt faster? The debt snowball method or the debt avalanche method? In this video I use a real life example and compare the debt snowball vs debt avalanche spreadsheets to see which one helps this family get out of debt faster. Choosing the right debt payoff calculator in excel or google sheets depends on how much debt you have, your debt interes...
How to Make a Debt Avalanche Spreadsheet in Google Sheets and Excel to Pay Off Debt
Переглядів 14 тис.Рік тому
In this video, learn how to create a debt avalanche spreadsheet using this step by step tutorial. Learn how to use the debt avalanche method with this powerful debt avalanche calculator in Excel or Google Sheets. Mentioned in this Video: How to Make a Debt Snowball Spreadsheet: ua-cam.com/video/vLnIwWs357Y/v-deo.html Debt Snowball Spreadsheet Template Free Download: www.subscribepage.com/h0f0u7...
Make a Sinking Fund Spreadsheet in Google Sheets and Excel
Переглядів 11 тис.Рік тому
Learn how to make a sinking fund tracker in excel and google sheets. Organize and track all of your sinking funds for 2023 in one spreadsheet. In less than 10 minutes you'll create a simple sinking fund template, or you can buy a done for you sinking fund spreadsheet for just $10. Mentioned in this Video: -50/30/20 Budget Template for $5 - mrjamiegriffin.thrivecart.com/50-30-20-budget-template/...
How to Make a Debt Snowball Spreadsheet in Excel and Google Sheets
Переглядів 80 тис.Рік тому
Learn how to make a debt snowball spreadsheet in excel and google sheets in just 10 minutes. This video gives you a plan to pay off debt fast and you can download a free debt snowball spreadsheet if you don't want to make the debt payoff calculator yourself. You'll see exactly how the debt snowball works and find a date you can be debt free. NEW UPDATED VIDEO: How to Make a Debt Snowball Spread...
How to Make a 50/30/20 Budget in Google Sheets
Переглядів 20 тис.2 роки тому
How to Make a 50/30/20 Budget in Google Sheets
30 30 30 10 budget rule - A flexible budget that focuses on financial goals and fun
Переглядів 1,8 тис.3 роки тому
30 30 30 10 budget rule - A flexible budget that focuses on financial goals and fun
Cash envelopes categories - Start your budget envelope system with simple budget categories
Переглядів 7353 роки тому
Cash envelopes categories - Start your budget envelope system with simple budget categories
Monthly budget recap | How we review our monthly budget
Переглядів 2073 роки тому
Monthly budget recap | How we review our monthly budget
STOP going over budget. Simple budgeting tip to stop over spending.
Переглядів 3903 роки тому
STOP going over budget. Simple budgeting tip to stop over spending.
Mid month budget check in! Live look at how we make mid month budget adjustments
Переглядів 1543 роки тому
Mid month budget check in! Live look at how we make mid month budget adjustments
UTMA Accounts - How can a UTMA account save money for your child's future?
Переглядів 8503 роки тому
UTMA Accounts - How can a UTMA account save money for your child's future?
Budgeting on a Low Income - Budgeting for Low Income Families
Переглядів 1,3 тис.3 роки тому
Budgeting on a Low Income - Budgeting for Low Income Families
UNest Review: How the UNest App Can Save Money for Your Child's Future with a UTMA Account
Переглядів 4,5 тис.3 роки тому
UNest Review: How the UNest App Can Save Money for Your Child's Future with a UTMA Account
Zero Based Budgeting Examples and Templates - How to Make a Zero Based Budget with a Budget Template
Переглядів 9543 роки тому
Zero Based Budgeting Examples and Templates - How to Make a Zero Based Budget with a Budget Template
Which Debt to Pay Off First? - 4 Things to Consider to Pay Off Debt
Переглядів 3283 роки тому
Which Debt to Pay Off First? - 4 Things to Consider to Pay Off Debt
How I Update My Budget During the Month - Budget with Me 2021
Переглядів 4793 роки тому
How I Update My Budget During the Month - Budget with Me 2021
Facebook Marketplace Tips and Tricks - List and Sell Your Stuff FAST
Переглядів 14 тис.3 роки тому
Facebook Marketplace Tips and Tricks - List and Sell Your Stuff FAST
Best Ways to Start an Emergency Fund FAST - 9 Simple Strategies Anyone Can Do
Переглядів 7813 роки тому
Best Ways to Start an Emergency Fund FAST - 9 Simple Strategies Anyone Can Do
Tips to Stick to Your Budget - How to Make Your Budget More Fun | Sticking to Your Budget
Переглядів 1593 роки тому
Tips to Stick to Your Budget - How to Make Your Budget More Fun | Sticking to Your Budget
Setting Up Our Annual Budget for 2021 | 2021 Annual Budget Spreadsheet
Переглядів 5004 роки тому
Setting Up Our Annual Budget for 2021 | 2021 Annual Budget Spreadsheet
Digital Cash Envelopes with Qube Money - A Cash Envelope Alternative to Help Save Money
Переглядів 1,6 тис.4 роки тому
Digital Cash Envelopes with Qube Money - A Cash Envelope Alternative to Help Save Money
How to Reduce Financial Stress | 5 Tips to Reduce Money Stress - A Plan to Reduce Financial Stress
Переглядів 2034 роки тому
How to Reduce Financial Stress | 5 Tips to Reduce Money Stress - A Plan to Reduce Financial Stress
Set up your budget in 15 MINUTES! | Budget set up 101- Learn how to make a simple budget with me
Переглядів 2124 роки тому
Set up your budget in 15 MINUTES! | Budget set up 101- Learn how to make a simple budget with me
Tutorial to Create a Zero Based Budget in Google Sheets | Start a Budget with Google Sheets
Переглядів 16 тис.4 роки тому
Tutorial to Create a Zero Based Budget in Google Sheets | Start a Budget with Google Sheets

КОМЕНТАРІ

  • @RuvArit
    @RuvArit 2 години тому

    Thank you! Also, what camera do you use?

    • @MrJamieGriffin
      @MrJamieGriffin Годину тому

      @@RuvArit this was filmed with a canon m50 with a 22mm lens.

  • @allanrscott1130
    @allanrscott1130 День тому

    Wonderful video. The debts you enter seem to be set -- meaning they are not being added to but with a credit card that is used still with some purchases -- how do you change the total each month -- as your samples assume the debt is not changing. so it the debit is $1,000 and one pays $250 but spends another $50 that month -- the totals need to take that into account. manually override the total? but then the interest is not figured in accurately. please advise -- maybe an additional column needs to be added for "additional debt" ?

  • @Mxferr
    @Mxferr День тому

    the date formula doesn't work for me:( I did Jan 25 and then "=EDATE(A3,1)" and i get the number 45713, can you please tell me what I did wrong?:(

  • @viviannebausha7780
    @viviannebausha7780 2 дні тому

    When I went to drag the months/years in the first column, it doesn't change it to the correct year after December. It keeps running the year 25 all the way through. How do I fix that?

  • @edclairemalapote7784
    @edclairemalapote7784 2 дні тому

    Well Done! This actually gives one a visual that one can pay off debt with a clear date and amounts. So useful.

    • @MrJamieGriffin
      @MrJamieGriffin 2 дні тому

      @@edclairemalapote7784 the visual and knowing the end goal makes a huge difference in motivation!

  • @jofolky
    @jofolky 3 дні тому

    Thank you so much for taking the time to make this! Straight to the point and helpful

    • @MrJamieGriffin
      @MrJamieGriffin 2 дні тому

      @@jofolky you’re welcome! Happy to hear it’s helping!

  • @rubyray777
    @rubyray777 4 дні тому

    First budget

    • @MrJamieGriffin
      @MrJamieGriffin 4 дні тому

      Welcome to the budgeting club! It can be tedious at times, but so helpful for long term money management!

  • @jordanfernandez2469
    @jordanfernandez2469 6 днів тому

    Begginer at Excel here, and iv done this exact step by step, but when i get to dragging down my payments to see when my debts would be paid off. It adds the percentages up after the 3rd column... for example, i have a 590 dollar debt with a minimum payment of $100 at 32%. i drag it down 4 columns, and the percentage is now up to 332% ... any help is much appriciated.

    • @MrJamieGriffin
      @MrJamieGriffin 4 дні тому

      Hey Jordan! The issue here is with Excel's autfill series function. Like when you type in January and then drag down, it guesses you want the next months like February and March. Here's what you can do. After you drag down, there will be a symbol that looks like an orange/yellow + sign. If you click that, you can choose "COPY CELLS". That should adjust everything the way it should be.

  • @Kitten_70
    @Kitten_70 12 днів тому

    I'm having an issue formatting the date. I'm creating the sheet to start Jan 25 but when I follow your steps, it adds Feb 24.🥺

    • @MrJamieGriffin
      @MrJamieGriffin 4 дні тому

      It all depends on how the date is formatted in your spreadsheet. I just checked mine and the same thing happened. Try this. After you change the top cell to Jan 25, check to see what the date shows in the formula bar. Mine showed 1/25/2024. All I did to fix it was change the date in the formula bar to 1/24/2025, and the dates fixed themselves below.

    • @Kitten_70
      @Kitten_70 2 дні тому

      @ ok thanks. Lastly, since the monthly payments for the credit cards will change; do we update that on the second row of spreadsheet every month?

    • @MrJamieGriffin
      @MrJamieGriffin 2 дні тому

      @ if your monthly payment varies each month, you can update it in the payment column for each month so that it is as accurate as possible. Fluctuating payments create more manual entering unfortunately.

  • @eliphs11
    @eliphs11 15 днів тому

    Saw your video this morning because I am working on something similar and wanted to send my thanks for the inspiration! You can refine this a little more by adding a function to the second debt's second row minimum payment, "=if(D4<0,B4+E$3,E$3)" which will check to see if the first debt's value is over $0.00, and if it changes to a negative, will add the first debt's minimum payment to the next minimum payment. That way you don't need to manually change the amounts when a debt is paid off. And you can also use conditional formatting to change colors when the value is a negative amount. Awesome stuff, keep up the good work!

    • @MrJamieGriffin
      @MrJamieGriffin 4 дні тому

      That is an AMAZING upgrade that makes for much less manual adjusting. Thanks for sharing this!

    • @userclp219
      @userclp219 День тому

      This is what I would like for mine to do but I am not sure how I would do this.

    • @eliphs11
      @eliphs11 День тому

      @@userclp219 If you are mirroring @Mr.JamieGriffin's sheet, place the function on E3, H3, K3, etc. Extend the function down the length of the column. Hope that works!

  • @ajawarnock4009
    @ajawarnock4009 17 днів тому

    Why do I keep getting 45689 instead of consecutive dates? I have done exactly what you are doing several times. Any ideas?

    • @MrJamieGriffin
      @MrJamieGriffin 4 дні тому

      My best guess is the way the date is formatted on your spreadsheet. If you click on "Format" then "Number" then "Custom Date and Time", you should be able to select "Month" and "Year" so it is formatted correctly. Let me know if that works! I can maybe make a video to demonstrate it.

  • @ajawarnock4009
    @ajawarnock4009 17 днів тому

    brilliant!!!

    • @MrJamieGriffin
      @MrJamieGriffin 4 дні тому

      Thank you! Hope your debt snowball spreadsheet is going well so far!

  • @Dena77
    @Dena77 17 днів тому

    Thank you for showing your mistakes because you know we're going to make them too and now we know how to fix them

    • @MrJamieGriffin
      @MrJamieGriffin 4 дні тому

      Absolutely! I make small little goofs all the time and forget how to do some things. And sometimes for me it's part of the process of getting things set up how I want them!

  • @Dena77
    @Dena77 17 днів тому

    Thank you so much! My husband will think im actually smart! Haha

    • @MrJamieGriffin
      @MrJamieGriffin 4 дні тому

      You're welcome! And you got this! Of course you're smart and clearly motivated to get out of debt!

  • @gabriellaarnold8453
    @gabriellaarnold8453 21 день тому

    How do you format the date to just be the "MONTH" and "YEAR"? I tried by clicking "Format" then "Number" but there was no option for formatting it to just the month and year.

    • @MrJamieGriffin
      @MrJamieGriffin 4 дні тому

      You were in the right place. After you click "Format" and "Number", scroll to the bottom to find "Custom Date and Time". In that menu, you can choose the exact format you want for your date. I choose "Month" and "Year" for mine and then select the one that says "Aug 30". Hope that helps!

  • @abiolaayokunle1553
    @abiolaayokunle1553 27 днів тому

    Hii, thank you so much for this video. I'll love to ask how fhe 50-30-20 rule is applied at the end of this video?

  • @taylorward7620
    @taylorward7620 Місяць тому

    So helpful! Thank you!

  • @robdufour5710
    @robdufour5710 Місяць тому

    Do you have a Facebook Grouo to follow?

  • @taunifran3513
    @taunifran3513 Місяць тому

    What if one month you pay more than the minimum, how would you account for this on the spreadsheet?

    • @MrJamieGriffin
      @MrJamieGriffin Місяць тому

      @@taunifran3513 this is a great question. Any month that you pay more than the minimum you can change the amount in the “payment” column for just that month. Then because of the formulas, it will automatically adjust the remaining rows of that debt.

  • @mathiasmllerrasmussen417
    @mathiasmllerrasmussen417 Місяць тому

    Hello! Love you video! I have made my own 50/30/20 budget from your video and i was wondering - we put money aside each month for our mortgage payment as it is paid every 3rd month. How would you adjust the sheet to compensate for the months where payments come from the budget account and not from our direct income? Greeting from Denmark

    • @MrJamieGriffin
      @MrJamieGriffin 4 дні тому

      If I'm understanding you correctly, you only pay your mortgage every 3 months, but essentially save 1/3 of that payment every month so that when your payment is due, the money is there for your payment. Here's how I would manage that: Whatever your mortgage is, split it into thirds and mark that amount in your budget every month. Then make sure you don't spend it on other things when you see the extra money in your checking account. If you do that, the entire mortgage can just be paid right from your checking account AND it's marked in the budget every month.

  • @MrYoshiCrazy
    @MrYoshiCrazy Місяць тому

    Dude half of your screen is bullshit. Clear that shit out

  • @R3d32d13
    @R3d32d13 Місяць тому

    Again your videos suck. Let me Timelapse the most important shit. Don’t make more videos. Trash.

  • @R3d32d13
    @R3d32d13 Місяць тому

    Dude slow down, tell where to click. Not everyone knows where to click or how to do all that shit. Waste of my time. Thanks for nothing.

  • @2swtdee
    @2swtdee Місяць тому

    Jamie! You are amazing I have been searching high and low for spreadsheets that were practical and reliable and this is it. I hope that both sides of your pillows stay forever cool😂😂. Seriously thank you😊

    • @MrJamieGriffin
      @MrJamieGriffin Місяць тому

      Haha glad it’s helpful! That’s a fantastic well wish! 🤣

  • @PurgeKing1127
    @PurgeKing1127 Місяць тому

    following your video step by step and everything isnt working for me. Do I need to have office 24 for this or no?

    • @MrJamieGriffin
      @MrJamieGriffin Місяць тому

      You shouldn’t need to. I did this in Google sheets, but it should work equally fine in excel. Some of the buttons may be in different spots. What isn’t working in your spreadsheet?

    • @PurgeKing1127
      @PurgeKing1127 Місяць тому

      @ once I got office to work on my computer, it worked out for me. Thank you

    • @MrJamieGriffin
      @MrJamieGriffin Місяць тому

      @ awesome to hear!

  • @frazfam7
    @frazfam7 Місяць тому

    🙏🏼💯

  • @captcontrol
    @captcontrol Місяць тому

    Hey, thanks for this spreadsheet. I'm about to get radical in my quest to pay off my debt and being able to see how that looks in a spreadsheet was so cool. So here is to paying off 3 years plus of debt in less than 6 months starting January 1, 2025.

    • @MrJamieGriffin
      @MrJamieGriffin Місяць тому

      @@captcontrol cheers to being debt free real soon!

  • @tamineshaholley9609
    @tamineshaholley9609 2 місяці тому

    Very helpful. Thank you.

    • @MrJamieGriffin
      @MrJamieGriffin 2 місяці тому

      @@tamineshaholley9609 you’re welcome! ☺️

  • @mychalreynolds2233
    @mychalreynolds2233 2 місяці тому

    I was crying, until I prayed and asked the Lord to help me find a way to get out of debt. I went to some programs people referred to me. I’m a very frugal person, but I’d didn’t have enough debt for anyone’s assistance. I once was blind and now I see! I am so grateful. The only thing I didn’t put on my list was my school loan. But, I’m on my way. Next my weight, but your method took a hundred pound off of my heart. 😊

    • @MrJamieGriffin
      @MrJamieGriffin 2 місяці тому

      @@mychalreynolds2233 I’m glad this can help you feel in control of your debt!

  • @apriejohn
    @apriejohn 2 місяці тому

    Thank you Jamie😊

  • @MiiFlawlassSuccess
    @MiiFlawlassSuccess 2 місяці тому

    I'm a little confused on how this works with a mortgage payment. I created this and all my debt seems to line up well with my payment schedules however my montage column is showing that I will pay it off about 10 years early, before adding any extra payments. Any idea what I could be doing wrong?

    • @vandross3
      @vandross3 Місяць тому

      For mortgage payment I will suggest you use an Amortization Schedule. Excel has a pre populates one with formulas.

    • @MrJamieGriffin
      @MrJamieGriffin 4 дні тому

      Mortgages are a little trickier. I think @vandross3 makes a good suggestion to use an Amortization Schedule and track your mortgage separately from your debt snowball.

  • @selime123
    @selime123 2 місяці тому

    This helped me a lot thank you!!!

    • @MrJamieGriffin
      @MrJamieGriffin 2 місяці тому

      @@selime123 I’m happy to hear it!

  • @uxnne4492
    @uxnne4492 2 місяці тому

    this was so easy to understand, thank you! excited to make my spreadsheet now too :)

    • @MrJamieGriffin
      @MrJamieGriffin 2 місяці тому

      @@uxnne4492 glad to hear that! Spreadsheets can be a lot of fun! Ask questions if when they pop up!

  • @kinoBot1103
    @kinoBot1103 2 місяці тому

    My minimum payment and interest rate keeps growing when i drag down. Can you help?

    • @MrJamieGriffin
      @MrJamieGriffin 2 місяці тому

      @@kinoBot1103 could you email me a screenshot so I have a better idea of what you mean. Send it to mrjamiegriffin.pf@gmail.com

    • @MaraniceP
      @MaraniceP Місяць тому

      Same. Were you able to figure it out?

    • @kinoBot1103
      @kinoBot1103 Місяць тому

      @MaraniceP i hat to copy and paste more manually if that helps.

  • @joepushman4171
    @joepushman4171 2 місяці тому

    How does this work for mortgage, since each monthly payment changes by a few dollars to the principle payment.

    • @MrJamieGriffin
      @MrJamieGriffin 2 місяці тому

      @@joepushman4171 great question! Overall I think it would still be pretty accurate and better than nothing. You could look at your amortization schedule to try and get an idea of how much would be going to principal. If I was tracking my mortgage with this debt snowball spreadsheet, I would just use the formula in this video and then every year or so I might look to see how close the remaining balance is to the true amount, then adjust it in my spreadsheet.

    • @joepushman4171
      @joepushman4171 2 місяці тому

      @@MrJamieGriffin ok great idea, I was thinking the same. Thank you for the response.

  • @SaadonAksah
    @SaadonAksah 2 місяці тому

    Nice! Thanks for sharing this 👍

  • @SaadonAksah
    @SaadonAksah 2 місяці тому

    Yup! Quite neat and fancy! 😂 Love it anyway, now I'll hv to learn to use google spreadsheet 😂

    • @MrJamieGriffin
      @MrJamieGriffin 2 місяці тому

      @@SaadonAksah hopefully you pick it up pretty quickly

  • @Jussomerando677
    @Jussomerando677 3 місяці тому

    Thank you very much for this. It works for me and the Mrs. Can you make a video or short explaining the formula for interest only loans. Also when I plug in my wife’s school loan $5.7k at 12.5% with a 70 something payment and drag down, the number starts ballooning out of control even it’s only went up 1k in 10 years. What am I missing?

    • @MrJamieGriffin
      @MrJamieGriffin 3 місяці тому

      @@Jussomerando677 the student loan total is increasing because of the high interest rate and low minimum payment. If you increase the payment enough to cover the interest, it will go down.

  • @AlexMoseleyPhD
    @AlexMoseleyPhD 3 місяці тому

    Quick, easy to follow - I prefer making the sheets from scratch as it gives us more control over any changes we make. Cheers from the UK!

    • @MrJamieGriffin
      @MrJamieGriffin 3 місяці тому

      @@AlexMoseleyPhD thanks! I’m glad it was nice and simple to set up!

  • @pascalejulien1418
    @pascalejulien1418 3 місяці тому

    THANK YOU!!!!

    • @MrJamieGriffin
      @MrJamieGriffin 3 місяці тому

      @@pascalejulien1418 you’re welcome!

  • @NazarethGuerrero-l9v
    @NazarethGuerrero-l9v 3 місяці тому

    is there a way to switch the column for the month/year to something like biweekly?

    • @MrJamieGriffin
      @MrJamieGriffin 3 місяці тому

      @@NazarethGuerrero-l9v absolutely. You’ll just have a lot more rows and you’ll wanna break up the monthly payment into bi-weekly amounts. You could do “Sept 24 (1st)” in the month column. I’m not sure how you’d do it so you can drag it down easily, but if you’re fine experimenting or entering everything by hand, it should work great.

  • @stevemerritt7389
    @stevemerritt7389 3 місяці тому

    Excellent teacher ! This turned me into a Google Sheets fanatic!

    • @MrJamieGriffin
      @MrJamieGriffin 3 місяці тому

      @@stevemerritt7389 that’s amazing! Welcome to the spreadsheet club 🤓

  • @katw4794
    @katw4794 3 місяці тому

    Thank you so very much for this!!!❤😊 you help me out a lot!

    • @MrJamieGriffin
      @MrJamieGriffin 3 місяці тому

      @@katw4794 you’re welcome! Glad it’s helpful!

  • @sonphung4974
    @sonphung4974 3 місяці тому

    hm im not sure if this is a snowball debt calculator. Usually the left over amount after paying off debt 1 will be used towards debt 2 and so forth. This creates a snowball effect and should result in paying down the debt faster. This calculator seems to be determining when your debt will be paid off/interest incur if you paid the minimum payment.

    • @MrJamieGriffin
      @MrJamieGriffin 3 місяці тому

      @@sonphung4974 this is a debt snowball spreadsheet and shows how the debt gets paid off faster when you move payments to the next debt once one gets paid off.

  • @tiannaquinn3171
    @tiannaquinn3171 3 місяці тому

    I loved that I was able to understand.gave me a passion for budgeting.

    • @MrJamieGriffin
      @MrJamieGriffin 3 місяці тому

      @@tiannaquinn3171 that’s awesome! Good luck with your budget and new debt snowball spreadsheet!

  • @maryc4176
    @maryc4176 3 місяці тому

    Thank you for making this video. You made the process of making a debt snowball spreadsheet simple and easy. 🙂

    • @MrJamieGriffin
      @MrJamieGriffin 3 місяці тому

      @@maryc4176 I’m so glad to hear that! Hopefully it helps you pay off your debt fast!

  • @easilyartstudio2784
    @easilyartstudio2784 4 місяці тому

    Will you make a video on doing this on an iPad? Not everyone has access to to a laptop or computer. Thanks!

    • @MrJamieGriffin
      @MrJamieGriffin 3 місяці тому

      @@easilyartstudio2784 ooo, good question. I will try to do that. I haven’t used my iPad for making videos before so I’ll try to navigate that! Thanks for the suggestion!

    • @Hearttbeatbeat
      @Hearttbeatbeat 13 днів тому

      You can buy a cheap portable fold in half keyboard and mouse for your iPad. I tried doing this on my iPad at first and it was WAY too hard and not efficient. And if you dont want to do that you can go to the library and use the computers there since google sheets is on the web.

  • @easilyartstudio2784
    @easilyartstudio2784 4 місяці тому

    I was wondering how you do custom dates in excel on an iPad because it’s not populating correctly and there is no custom date option that I have found.

  • @Tyler_LN
    @Tyler_LN 4 місяці тому

    Thank you so much, this really helped me a lot.

  • @kristinefano7799
    @kristinefano7799 4 місяці тому

    thank you so much for this free tutorial ❤

    • @MrJamieGriffin
      @MrJamieGriffin 4 місяці тому

      @@kristinefano7799 you’re welcome! Glad it’s helpful!