Download Master Plan Software User`s Manual

Chapter 3: Powering Down Debt
STEP 3: Changing or Deleting Existing Debt
To locate a debt item you wish to change or delete:
1. From the main Master Plan menu screen, select Debts and click on
Add/Edit. The Debt screen will be displayed.
2. From the Debt screen, click on the debt listed in the priority grid on the left side of the screen
you wish to change. The desired debt item will be displayed:
You can then make changes as needed.
3. You can also locate a debt item by clicking on the right or left arrows in the record bar located at
the bottom of the screen; this will allow you to toggle among records. To move to the top
record in the list based on priority, use the far left arrow; to
move to the bottom record, use the far right arrow.
4. To delete an item from the list, press the “minus” button at the bottom of the screen.
STEP 4: Printing the “Real Debt” Report
The Real Debt Report is designed to show you how much money you will actually pay in both
principal and interest, if you continue to pay off debt at the current rate. This report is almost
guaranteed to shock you. The report contains a list of the debt items you have entered, in priority
order. The “Real Debt” column of the report shows the total amount of payments plus interest on
each debt item.
To print the Real Debt report:
1. Select Debt from the main menu, and click on Real Debt Report:
17