What this does
This helps you create a personalized debt payoff strategy using the “debt avalanche” method—paying off the highest-interest debt first—while factoring in your real balances, interest rates, cash flow, and lifestyle constraints. Instead of generic advice, AI builds a clear payoff calendar you can actually follow.
Why it's useful
By your 40s, debt often comes from many places: credit cards, HELOCs, personal loans, or leftover balances from earlier life stages. This prompt shows you exactly where your money should go each month to reduce interest, shorten payoff time, and relieve pressure—without requiring spreadsheets or financial software.
Use This Entire Prompt:
Before you use it, just remember:
- Copy the entire prompt in italics below (use the button)
- Paste into ChatGPT, Gemini, or your favorite AI app
- Run the prompt
I want you to help me build a personalized debt payoff plan. Use clear, plain language and avoid judgment. Ask me the questions below one at a time, waiting for my response before continuing.
[DEBT DETAILS]
1) List each debt separately with: type of debt, current balance, interest rate, and minimum monthly payment.
2) Are any of these debts promotional or expected to change rates soon?
[CASH FLOW]
3) What is my total monthly take-home income?
4) What are my essential monthly expenses (housing, utilities, food, insurance)?
5) How much extra money can I realistically put toward debt each month beyond minimums?
[PRIORITIES & CONSTRAINTS]
6) Do I want to maintain a small emergency buffer while paying debt, or apply everything aggressively?
7) Are there any debts that cause emotional stress even if the interest rate is lower?
After collecting my answers, do the following:
A) Rank my debts using the debt avalanche method (highest interest first)
B) Create a month-by-month payoff calendar showing where each dollar goes
C) Estimate how much interest I save compared to paying minimums only
D) Show how payoff timing changes if I add or remove [$X] per month
E) Identify the first “quick win” debt I’ll eliminate and when
F) Flag any refinancing or consolidation opportunities worth exploring (without pushing products)
Present the final results as:
• A clear payoff timeline
• A simple monthly payment plan
• A short summary I can revisit when motivation dips
How this helps you
This replaces vague stress with a clear plan. You’ll know exactly which debt to attack first, how long payoff will take, and how small monthly changes can dramatically reduce interest and speed up progress—without feeling overwhelmed or deprived.
