Some of the greatest tools that we can use to get control of our money are various calculators. I have put together a collection of free, easy to use calculators that will give us a running start at understanding the big picture of our finances. What can the right calculator do for us? Glad you asked!
- It can show us how compounding interest grows our money
- It can show us how long it will take to get out of debt and how to accelerate it
- It can show us what we can afford and what we can’t afford
- It can show us how much we need to be saving for retirement
- It can help us make decisions regarding home mortgages and car loans
Here are some quick links to the calculators I have assembled so far: