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ODF Debt Reduction Calculator Spreadsheet

In a nod to the growing importance of OpenOffice.org, Vertex42, “The Guide to Excel in Everything,” has released an OpenDocument version of its Debt Reduction Calculator spreadsheet:

“Download a free credit card Debt Reduction Calculator and Debt Snowball Payment Schedule worksheet for Microsoft® Excel® and OpenOffice.org. This spreadsheet allows you to choose different debt reduction strategies, including the debt snowball effect (paying the lowest balance first) and highest interest first. Just choose the strategy from a dropdown box after you enter your creditor information into the worksheet.”

This particular spreadsheet is very relevant today as economic troubles continue to spread, but a search for “OpenOffice” on Vertex’s site reveals many available OpenOffice-compatible files for download, indicating the site’s commitment to ODF and recognition of its large userbase.

One Response to “ODF Debt Reduction Calculator Spreadsheet”

  1. Buddy Says:
    February 28th, 2009 at 6:54 pm

    I just want to thank you for posting a reference to this resource. It sounds incredibly handy and I am headed there right now to check it out. It is always helpful to see a financial plan laid out to where you can see the results you get from following it.

    Thanks again