#### Also Know:

#### 1. How to use the minimum payment calculator to find the minimum payment, interest paid and length of time

#### 2. How to use the extra payment calculator to determine how much sooner you would pay off the debt and how much interest you would save.

#### 3. Know one reason why paying the minimum is a bad idea.

#### 4. Know one reason why making extra payments is a good idea.

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#### Worksheets in Notebook:

#### Snowball Debt Repayment

#### Snowball Debt Questions

#### Minimum Payment Payoff Worksheet

#### Extra Payment Calculations

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