How much do I need to save for college? How long will it take me to repay this loan? Am I saving enough to retire? These questions are just the tip of the iceberg when it comes to financial planning. Don’t let these questions go unanswered. There are plenty of financial calculators to help you navigate your future.
Financial calculators are an excellent way to make an informed decision. They are a great resource to see the short and long term affects of saving, debt and interest on your life. With a wide variety of calculators to chose from, you won’t need to look very far to find what you need. Did I mention that most financial calculators, including all of ACCC’s, are free?
ACCC has a calculator for nearly every financial situation you can think of. Here are a few financial calculators to check out:
- Cost of College
- Retirement Fund
- Mortgage Payment
- Debt Payoff
- Travel Budgeting
- Emergency Fund
- Budgeting for a Baby
If you are unsure if you are saving enough to retire, how much your mortgage payment will be, or how you should be budgeting for a baby, using a financial calculator is a perfect place to start planning for the future. While financial calculators are very helpful, they are only one resource to use in your decision making. Remember to use trusted professional and personal resources around you to help make major financial decisions.
Participate in this month’s poll: What worries you most about your finances?