Debtinator for Mac
Helps you get out of debt.
$19.99
In English
Version 3.4.9When you purchase through links on our site, we may earn an affiliate commission
Debtinator overview
Debtinator will help you start the new year off right with a custom plan to get out of debt based on your budget and your finances. Debtinator handles all of the details for you. Tell it your income, your expenses, your debts, and everything about them. Debtinator will tell you how to re-structure your money and pay them off as fast as possible.
The savings can be huge. 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 spend $862.07 in interest! Or, you can punch it all into Debtinator, and be debt-free in 3 months, and only spend $92.32. You just saved $769.75! That $15.00 registration fee is looking better all the time, isn't it?
Debtinator doesn't judge, it doesn't care about your lifestyle, it doesn't tell you where to put your money. A lot of debt repayment schemes want you to make sacrifices. "If you just spend $25 less per month on dinner, you'll save thousands in interest!" Sure, that's awesome! If you want to do that, please do. It will definitely help.
But Debtinator doesn't require you to do that. All it cares about is how much money you have coming in, and how much money you have going out. You tell it where you want it to go, and then Debtinator takes care of it for you. Then, once your bills are paid, it re-shuffles all the excess money you have and uses that to pay down your bills.
Say your monthly income is $2,500. Rent is $500. You budget $300 for food. Household expenses (electricity, water, gas) are another $200. Car expenses (maintenance, gas) are another $150. Entertainment (movies, clothes, dinner) is another $100. And that credit card up there has a $200/month minimum. That's $1,450 you need to get by (including fun things!). But you're bringing in $2,500, so you have $1,050 unaccounted for.
It's amazing how quick that extra money can disappear. Go out to eat a few more times, buy a few more DVDs, and it's gone. Yeah, even that extra $1,050 that you don't need. You probably didn't even notice you had it or when it's gone. That's bad. Debtinator keeps track of it for you. It uses that extra money and re-allocates it as desired to pay down your debts lickety split.
What’s new in version 3.4.9
Version 3.4.9:
- High sierra compatibility
- Re-enabled missing printing authorization
Debtinator for Mac
$19.99
In English
Version 3.4.9
What users say about Debtinator
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(28 Reviews of Debtinator)
Comments
User Ratings
Jun 12 2014
Version: 3.4.2
Checking out different scenarios, and maximising paybacks is what i did with, and it works well. The Dev also responded to my support request, which was really helpful
Jul 29 2011
Version: 3.3.9
I have tried tons of financial apps, read reviews, download demos, import data and tested, and while there's useful apps none of them, is as powerful and versatile as Debtinator!
- Actually is the only app that really makes advantage of financial calculations and simulations, and that's what I want a computer to do!
While the other apps look at your past expenses and tells you how much you waste in gas, or electricity, and that can be important of course, and in Debtinator you can input those budgets also but if you have a credit card, a house to pay, or with all this you want to have a vacation of 1000 euros or have to pay a medical bill, you just insert that data on Debtinator, and it will calculate how it can get payed, I mean, it will calculate the best way to pay it, without sacrificing the other budgets, of course if you have money, the best and "cheap" way would be to pay it all in the moment, but if that would the be the situation you would't need a financial app after all.
- It calculates correctly the interests in your debt cards, you can input Accounts Minimum Balance, Interest rates, Annual Maintenance fees, Overdraft APR, minimum payments, auto transfers etc, you can see your savings account grow with interest rates, and how you will have in x years, and so on.
- It calculates Several Scenarios, so you can see if interests grow above what you can pay, for how long you will pay etc, all the information banks don't really want You to KNOW!!
- It can map those events in the paydays, it can show you a graphical representation of your situation, and tell your if actually is possible or not to have those expenses with your income, You actually can learn better economics with this app.
- My only remark is that it should support other languages, it's only in English.
I strongly advice any one looking for a financial app to try Debtinator, just keep in mind that with this app you can really see your future scenarios, and that's what you can change, as the past is gone and done!
Jan 13 2010
Version: 3.2.2
First step to getting out of debt - don't pay $28 for a program that says it'll help you get out of debt!
May 4 2009
Version: 3.0
I finally feel comfortable removing Debt_Minder from my mac (yes, it was still running on Leopard)
It does the job the way I want. The docs are in the help file. DM docs were on line *only* until the developer lost interest.
I did find one minor "oops" in the docs, which I will notify the developer of.
Oct 12 2008
Version: 2.6.2
This program looks like a real winner. I just simply wish it had video on its website similar to MoneyWell http://nothirst.com/moneywell/ which shows you exactly how to use the program.