Tracking your debts and loans is just as important as tracking your income and investments. Keeping a record helps you manage repayments, track interest, and stay motivated to become debt-free.

This guide walks you through how to add and monitor your debts or loans in the system.

🧾 Steps to Track Debts or Loans

1. Click the "Add Debt or Loan" button to add a new debt or loan entry.
2. Add a Name – Use something recognizable (e.g., “BDO Personal Loan”, “Car Loan - May 2025”, or “Borrowed from John”).
3. Add the Base Amount – This is the original amount borrowed.
4. Add the Interest Rate – Enter the applicable interest rate, if any.
5. Add the Estimated Total – The projected total you need to pay back (Base + Interest).
6. Select "Debts and Loans" in the Total Views dropdown – This keeps your dashboard organized.
7. Check "Completed?" – Use this when the debt or loan is fully paid off to mark it as settled.

💵 Tracking Loan or Debt Payments

To track your repayments, you can log each one in the Debt and Loan Payments table. This helps you stay on top of how much you’ve paid and what’s left.

📌 Steps to Log a Payment

1. Click "Add Payment" in the Debt and Loan table.
2. Add the Payment Amount – Enter how much you paid.
3. Select the Payment Date – When the payment was made.
4. Select the Corresponding Debt or Loan – Choose which debt or loan this payment was for from the drop-down list.

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By consistently tracking both your debts and payments, you’ll have a full view of your repayment progress, making it easier to stay committed and accountable. You're one step closer to being debt-free! 💪📉

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