HOW ZILCH WORKS
The secret to getting out of debt fast is using a payment strategy. The strategy you choose is based on what makes you feel good. This gives you immediate relief because you will stay in your comfort zone from day one.
The two most common payment strategies for getting out of debt are Avalanche and Snowball. Avalanche prioritizes paying off debts from the highest interest rate down to the lowest interest rate. Snowball prioritizes paying off debts by those which can go away the quickest. Choose the payoff strategy that makes you feel good.
| How I Feel | Strategy |
|---|---|
| I'm a numbers person. Numbers make sense to me. | Avalanche |
| I am not a numbers person. Numbers scare me. | Snowball |
| I want to save the most money no matter what. | Avalanche |
| I want to get out of debt as fast as possible. | Avalanche |
| I'm looking for fast results. I like to see progress. | Snowball |
| I need lots of encouragement along the way. | Snowball |
ZilchWorks takes all the information about your debts (balances, interest rates, monthly payments) and instantly turns it into a realistic payoff plan using the payoff strategy that you feel good about. You'll see exactly how much to pay each credit each month. This short video explains how the payment strategy works.
Step 1 - Make a List
Believe it or not, this is the hardest step. Why? Because it forces you to act. It makes you look at your debts. It requires you to acknowledge how much money you owe. This may be something you have wanted to do for a long time but kept putting off. We can only help you if you are willing to help yourself. There has never been a map produced that just takes you where you want to go. You must act. Until you make a decision to act, and follow the map, it's nothing more than lines on paper. Take that first step... print the worksheet and fill it out.
Click File > Print WorkSheet... to use the built-in data entry worksheet.
Important: When you write down your debts don't try and prioritize the pay off order. Our software will do this for you. Just concentrate on finding your debts and getting them listed on the worksheet.
Example of a completed worksheet:
Here is an example of a completed data entry worksheet. These are the actual debts from the Sample2 file included in the software download.
❝You'd think someone with a Finance degree would be able to avoid debt❞
You'd think someone with a Finance degree would be able to avoid debt, but my husband and I hadn't avoided it. I had quit working to raise our family, and two of our children had major medical bills. We found ourselves in over $80,000 of mostly unsecured debt. I was desperate when I found ZilchWorks. Your software was like a ray of light shining in on our dark situation.
Lovina Penry - California
When I SAW, that we could be debt free by 2011, even though that was years away, it was just the motivation I needed. The printed reports have been vital in our success. They keep me on track when I am tempted to spend money I shouldn't be. I keep them handy so I can glance at them and remind myself where we are headed. The idea that we will have financial freedom THIS YEAR is exhilarating!
I now have the desire to help others get out of their debt situations, so I am happy to tell the world that ZilchWorks can get you there. And by the way, this is a “paid” testimony... we've been “paid” all the interest that would have been shelled out to lenders had I not found this program.
I pray we never find ourselves back in the credit card mess we were in. But if for some emergency we do, I will have the tools ZilchWorks taught me to get us out of it!