April 17, 2012 in Finance (E)
[prMac.com] Spring Hill, Tennessee - 30 South today is proud to announce that Debt Snowball+ has released for iPhone. Debt Snowball+ is a debt tracking and bill notifications app that is designed to help people get out of debt once and for all. After paying off $28,000 of debt in just ten months using the debt snowball method, Derek Clark decided to make an app to help others do the same.
The debt snowball method is a plan for paying off debt where you list your debts from smallest to largest and then pay the minimum on everything but the smallest debt. On that one you put everything extra you can manage. This helps get rid of monthly payments and the small wins build on each other and really help you see the light at the end of the tunnel. When you pay off a debt you take everything you were paying on that debt and apply it to the next one.
Debt Snowball+ helps you see this in action by showing you how much time and money you can save by adding additional money each month to your debt. There is a great interactive chart that allows you to see just how much savings you can get by adding just a little each month.
CEO Derek Clark says, "My wife and I used the debt snowball method to pay off twenty-eight thousand dollars in ten months to get out of debt. The extra money we put towards the debt each month really helped us see results fast. Each time you pay off a debt it is a great win and the snowball gets a little bigger."
* iPhone, iPod touch
* Requires iOS 4.0 or later
* 5.7 MB
Pricing and Availability:
Debt Snowball+ 1.0 is $.99 and available worldwide exclusively through the App Store in the Finance category.
Based out of Nashville, Tennessee, Derek Clark is the CEO of 30 South. Clark works to share information and technology with the masses. Copyright 2012 Derek Clark. All Rights Reserved. Apple, the Apple logo, iPhone, iPod and iPad are registered trademarks of Apple Inc. in the U.S. and/or other countries.