How to Use the Credit Card Tracker in Your Budget Planner

Hi friends, if you’re working on paying down credit card debt, you know it can feel overwhelming. That’s where having a Credit Card Tracker in your budget planner comes in handy. It helps you see your balances, payments, and progress all in one place—so you stay focused and motivated.

But here’s the best part: you can pair your tracker with a debt payoff method that works best for you. Two of the most popular strategies are the Avalanche Method and the Snowball Method. Let’s walk through both so you can decide which one fits your journey. I personally like the snowball method. Continue reading below and find the one that will work for you. 

The Avalanche Method

The Avalanche Method is all about saving money on interest. With this strategy, you:

1. List your credit cards in order from highest interest rate to lowest.

2. Make the minimum payments on all your cards.

3. Put any extra money toward the card with the highest interest rate.

4. Once that card is paid off, move on to the next highest interest card.

✨ Why It Works: You’ll save the most money in the long run because you’re tackling the debt that costs you the most first.

📓 How to Use Your Credit Card Tracker: Write down all your cards with their interest rates and balances. Highlight the highest interest card, and track every extra payment you put toward it. Over time, you’ll watch your balances shrink and your confidence grow.

The Snowball Method

The Snowball Method focuses on motivation and quick wins. With this strategy, you:

1. List your credit cards in order from smallest balance to largest.

2. Make the minimum payments on all your cards.

3. Put any extra money toward the card with the smallest balance.

4. Once that card is paid off, move on to the next smallest, and so on.

✨ Why It Works: Paying off small balances quickly gives you momentum. You’ll feel motivated by the wins, and that keeps you moving forward.

📓 How to Use Your Credit Card Tracker: Write down your cards by balance. Track your progress as you knock out the smallest debts first. You’ll see how motivating it is to check off those balances one by one!

Which Method Should You Choose?

• Pick Avalanche if your priority is saving money on interest.

• Pick Snowball if your priority is motivation and quick progress.

No matter which method you choose, your Credit Card Tracker helps you stay organized and on track. Seeing your progress in black and white is powerful—it reminds you of how far you’ve come and keeps you focused on where you’re going.

💡 Pro Tip: Some people even combine the two—starting with Snowball for motivation, then switching to Avalanche to save on interest. The key is finding what keeps you consistent.

At the end of the day, your budget planner and credit card tracker are tools to guide you—not pressure you. Pair them with the method that feels right, and you’ll be on your way to becoming debt-free, one payment at a time. Click here and watch the full video ! 

Christina, xo