Payoff – Reduce Debt, Save More, Have Fun

Payoff is a debt-reduction website that utilizes a series of six “payoff pillars” to help people reduce debt and build a financial cushion. People who use Payoff can set goals, manage money, earn badges, win prices, and gain insight into what they need to do to continue down the path to financial freedom. Who says money management has to be boring?

Sign up to use Payoff for free, or login with a Facebook account. The first step to achieving financial freedom with Payoff is to type in your dream. Whether that’s saving for a new bike, a new home, or retirement, you can’t start working towards a dream until you’ve identified what that dream is. Once you’ve saved a dream, you’ll need to set a goal. Set as many goals as you like, just be sure they’re attainable. To get the full benefit out of Payoff you’ll next need to link up your bank accounts. Add accounts through the site’s “Fund Manager” feature to get a complete financial snapshot of where you’re at on the path toward success. When you get to this step, Payoff will start recommending ways to reach your goals. Follow Payoff’s recommendations and you’ll start earning virtual badges. For every badge you earn, you will be entered to win random cash prizes that can be redeemed at any time.

For people who could stand to learn more about money management and wealth accumulation, Payoff offers articles, blogs, and easy-to-understand graphs that can help anyone learn about money in no time. The web-app also offers features that allow users to make their profiles public or private. Debt management doesn’t have to be boring or depressing, at least not as long as Payoff is around.