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Debt Reduction Guidance

Jan 22, 2017 03:33PM EST

When I put in my goals for debt reduction, the tool does not seem to automatically calculate that when the first item is paid off, that the payment amount for that item should then be applied to the next goal on the list. (Snowball effect). Am I missing something, or has this feature not yet been built into the tool? Where does it think that "extra" money is going?

Best Answer

HelloWallet Support Answer

Jan 24, 2017 10:37AM EST
Meaghan
HelloWallet Support

We’re sorry for this issue you’re having! After you have completed one goal under the Guidance tab for Savings and Debt, HelloWallet should move on to the next goal automatically. If you could e-mail us at support@hellowallet.com, we’d be happy to assist you further with this problem!

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