Debt Payoff Plan Skill

Juggling several debts without a plan means paying more interest for longer. This skill turns a list of debts plus a monthly amount available into an ordered payoff plan — comparing the avalanche (highest rate first, least interest) and snowball (smallest balance first, fastest wins) methods so the person can pick with eyes open. Educational planning, not personalized financial advice.

Required Inputs

Ask for these only if they aren't already provided:

• Each debt — name, balance, interest rate (APR), and minimum payment.
• Total monthly amount available for debt (must cover all minimums + extra).
• Preference (optional) — save the most money, or get motivating quick wins.

Output Format

Debt payoff plan — [name]

Debts

Debt	Balance	APR	Minimum
	$	%	$

Method comparison (paying $X/month total):

Method	Order	Debt-free in	Total interest paid
Avalanche (highest APR first)	…	~N months	$
Snowball (smallest balance first)	…	~N months	$

Recommended order — the chosen method's payoff sequence, with the "attack" target each phase and roughly when each debt clears (roll each freed-up minimum into the next debt — the snowball/avalanche effect).

The trade-off — avalanche saves $X in interest; snowball gives the first win ~N months sooner. State which fits their stated preference and why.

Watch-outs — keep paying every minimum (missed minimums = fees + credit damage), and avoid adding new debt mid-plan.