Highlights
- Add accounts with balance, APR, and minimum payment
- Snowball and avalanche payoff strategies
- Exact debt-free date calculated to the month
- Progress tracking with percentage paid off
The feature that started it all
Before Spendify was an app, it was a spreadsheet. A messy one, full of payoff formulas and what-if scenarios. This update is that spreadsheet — rebuilt as something anyone can use.
What’s new
Add your debts. Enter each account with its current balance, APR, and minimum payment. Credit cards, student loans, auto loans, personal loans — anything with a balance and an interest rate.
See your debt-free date. Spendify runs the math and gives you an exact month and year. Not a vague “you could be debt-free someday” — an actual date on the calendar.
Snowball and avalanche strategies. Two proven approaches, calculated for your specific debts. Snowball pays off the smallest balance first for quick wins. Avalanche targets the highest interest rate first to minimize total cost. Spendify shows you both.
Progress tracking. A simple percentage showing how far you’ve come. It updates as your balances change. Watching that number climb is more motivating than any notification.
Why this matters
Every finance app on the market will show you a pie chart of your spending. None of them tell you when you’ll be debt-free. That’s the gap Spendify fills. Not another dashboard — a plan.
What’s next
Bank connections via Plaid, so your balances update automatically and you never have to enter a number manually again.
