Payoff! is a Moneydance plugin that gives you a quick view of just when you should be getting out of debt, and how much interest it will cost you, depending on how you are, or want to be, paying off your debt.

Using Payoff! is a great way to optimize paying off your debt so that you spend the least amount of money on interest and get back to a no-debt situation as quickly as possible. Payoff! was written by Dave Wilson.

To add or update this extension, start Moneydance and click the “Check for update/extensions” link on the home page. Then click the link labeled “Payoff! Debt Calculator” and follow the instructions. Once installed, you can open the debt payoff calculator by clicking the extensions (gear) icon on the top right corner of the main window.

Please contact Dave at payoff@everydave.com with any questions or suggestions, and report any bugs you encounter to the Moneydance Trac system.

Are you proud of where your money is invested? Do you keep your ethics and financial matters separate? If you prefer to put your money where your morals are, you might want to check out the Corporate Equality Index from the Human Rights Campaign. Found via a post on Money and Values.

I generally try to avoid posting too many “10 ways to…” lists, but this one seemed short and universally applicable. Make It Big’s article, 10 Ways to Immediately Start Saving Money, has some great tips for how to save money on expenses you may not have even noticed you had. Improved budgeting will be a big factor in the next release of Moneydance so it should be easier to integrate advice from articles like this into your own finances.