Money Mastery.The Collective
Workbook 04

The Debt Center

Four tools rather than one list. Where the debt is, which order to pay it in, what an extra payment actually buys you, and whether the thing you are about to put on a card is a good idea.

  • The Debt Organization Tool, for every card and loan in one place
  • Avalanche, highest interest first, mathematically optimal for saving money
  • Snowball, smallest balance first, for momentum
  • The Credit Card Debt Center, including buy now pay later
  • The Long Term Debt Center, with detailed interest tracking
  • The Quick Decision Maker, and the 30% rule
Where it lives

Included in every paid tier

All five workbooks come with Rise at $49.99 a month. You do not have to use them all in month one. Most women start with one and grow into the rest.

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Inside the system

Four tools, in the order you meet them

Debt is not one problem, so it is not one screen.

01

Get it all in one place first.

Every credit card payment, short term loan and long term loan, before any detailed tracking. Most of the relief people describe comes from this step alone, and it is the one they put off longest.

02

Then choose an order, deliberately.

Avalanche pays the highest interest rate first and is mathematically optimal for saving money. Snowball pays the smallest balance first and is better if what you need is proof that this works. Both are offered, and the tool does not pretend one is right for everyone.

03

See what an extra payment really saves.

The Long Term Debt Center tracks interest in detail and shows what accelerated payments do over the life of a loan. The numbers are usually larger than people expect, which is the point of showing them.

04

And before you add to it, the 30% rule.

The Quick Decision Maker applies it to the purchase you are considering right now, and answers whether another debt payment is wise. It is deliberately unglamorous.

Credit Card Debt CenterMoney Mastery
Total outstanding
$3,151.39
Across two cards
Total interest paid
$83.09
So far, at current payments
Months till debt free
75
Average of both cards
With $100 more a month
27
The same debt, 48 months sooner
  • Target Cap 1 · 28.99% APR$2,093.00
  • Amex · 27.24% APR$1,058.39
Every card, what the interest is really costing, and the month it ends, with the amortization table underneath that produced both. Avalanche or snowball, your choice. Example balances.
Savings FundsMoney Mastery

Savings FundsTarget · current

  • Emergency Fund$2,500 of $5,000
  • Vacation Fund$1,200 of $3,000
  • New Car Fund$2,500 of $8,000
  • Home Down Payment$6,000 of $15,000
  • Holiday Gifts$1,600 of $1,500
Each fund, the monthly amount it needs, and what actually went in. The system works out the monthly figure from your target and your date. Example funds.
And around all of it

The system alone is a spreadsheet.

The system inside the Collective is a room of women doing the same slow, honest work with their numbers. Every tier is in that room, from the free one up.

See the tiers → Every capability

Start free

You can see your own numbers before you pay anyone.

La Soglia is the free tier and it stays free. The Net Worth Tracker copies into your own Google Drive and it is yours from that moment.

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