Aug 6 2007
I don’t know about you, but this recent renaissance in Mac shareware has been murder on my Visa and PayPal accounts. Sure I get a lot of great software and it all enhances my life to some degree, but life enhancement doesn’t pay the bills, baby!! Debtinator from Basset Software is one possible exception. While it won’t chip in on the month’s Visa bill, it will tell you how to re-structure your money and pay off that debt as fast as possible.
You tell it your income, expenses, your debts, and everything about them. And Debtinator handles all of the details for you. The software’s product page explains it like this:
Let’s say you earn $52,000/year, and have a few expenses (rent, gas, food). And you have a credit card with a $5,000 balance, a 15% interest rate, and a required monthly payment of $200.
Pay only the minimum, and you’ll be paying it off for the next 2 1/2 years and send $862.07 in interest!
Or, you can punch it all into Debtinator, pay the thing off in 3 months, and only spend $92.32. You just saved $769.75! That USD$15.00 registration fee is looking better all the time, isn’t it?
Debtinator just got bumped up to version 2.2.3, so if you’re a long time registered user, go update. Update details after the fold.
New in Debtinator 2.2.3
- Added “Default Bank Account” for all new documents
- Added Total Available Funds and Net Worth report columns
- Minor internal optimizations
- Now enforces that non-repeating debts must be paid off in full
- Fixed an inconsistency error that could occur when deleting a Line Item
- Fixed a bug that could cause accumulation of junk, inaccessible data in the data file