Have you ever used a financial calculator? They can be extremely helpful when planning out savings or debt goals. Try some of these financial calculators to get the answers to some of your most important questions.
Review of ACCC’s Financial Calculators
There are so many financial goals people and families and couples need to make during their lifetimes. Not only are there many goals, but those goals can shift over time as well. Whether an unfortunate debt comes to call or there is a joyous new child to take care of, it’s important to remain vigilant and flexible in your planning.
Financial calculators can be a great tool to help you stay on your toes. They are easy to use and cover a multitude of fiscal areas and topics. ACCC has collected the best calculators for you to utilize. Here is a review of some of those calculators.
List of Career & Retirement Financial Calculators
The connection between career and retirement is undeniable. These two work hand-in-hand together; when one succeeds, the other also gets a boost. Keeping an eye on your retirement savings goals is vital to ensure you have adequate funds for your golden years. Try some of these calculators to track your employment and retirement goals.
Budgeting & Life Calculators
Budgeting & Life calculators are helpful on a day-to-day or monthly basis. As budgets flex and change more often, these calculators will get used more frequently. They can be a great motivator. Earning a few more dollars a month can make a big difference to keep saving rather than spending.
Credit & Debt Calculators
Next up are the Credit & Debt calculators. Most people will face debt in their lifetime. Whether it’s a small amount or a rather large amount, tracking your payoff is important. These calculators can help you forecast when you will be finished, how interest rates affect the debt, or the ideal amount of money you should be paying out to get out of debt.
Education & College
Student loans are another tough debt many Americans face today. While this can be a great investment, it’s one that you want to pay off as quickly as possible.
Home, Mortgage & Auto
Finally, a great deal of money typically goes towards buying a home or car. Interest rates can be low for these loans. However, it’s still important to track and adjust in order to achieve your financial goals. Check out these financial calculators for your home and auto loans.
Finally, these calculators are just one way to monitor your finances and make plans and goals. There are professional financial planners that can help you as well.
To speak to a credit counselor today about budgeting and managing your finances, call 800-769-3571.