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Financial planning calculator

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  • 1. Financial Calculator- Calculate Our Future fromToday On the internet, there are websites that offer free financial calculators and applicableinformation. Successful living in the highly commercialized environment requires manycalculations. People are required to calculate most things that come their way. So many thingsare needed to be calculated that the invention of the calculator was a big boon to the modernsociety and yet, the electronic calculator is not sufficient to cover the wide scope of transactionsthat needs calculating. The choices to be made by the modern family man require vitalcalculations and most of these choices are connected to building family values and enjoying lifewith his loved ones. Those that have stable jobs need to know much about budgeting, the amount needed forfood, clothing, shelter, transportation and other necessities of modern living. Making sure thatearnings are always more than the expenses will lead to some savings, which can be kept safelydeposited in banks for some use in the future. It is only in accumulating savings that one’sfinancial and solid credit standing are established and built up, enabling him to qualify for loansand/or mortgages. Determining the future value of one’s savings and estimating the requiredamounts of loans and mortgages that have to be made in buying basic needs likes a house, a car,children ’s education plans, insurance, equipments and many other items needed for living, needaccurate calculations and not just rough estimates. While a handheld calculator will come handyespecially if one is an accountant, it is advisable for those not skillful in finance and banking toconsult with authoritative entities. The best place to consult is the Financial Calculator website on the internet, which offer acomplete set of calculators designed for most types of financial computations. Those who needadvice on what to do with their savings can utilize the savings calculator where one can just enterthe basic information like amount saved per month and interest earned per year and the projectednumber of months or years of savings to be made. After entering the information, pressing thebalance button will show the resulting amount saved on the monitor. There is no need to use thepen or pencil for writing calculations on paper except perhaps to copy the resulting amount ofsavings projected in five, seven or ten years or any length of time desired. The services provided by the Financial Calculator website are not only confined tocomputation of savings but include a myriad of services done by specialized financial calculatorsthat can be used in computing financial transactions. There are calculators for InvestmentPlanning, Personal Finance, Car Loans, Home Mortgages, Credit Card Usage, InvestmentFinancing, Insurance Educational Costs, Retirement Plans, Taxes and other business transactionsthat need calculations.
  • 2. It is very important to remember that financial transactions affect the future of the familyand should be carefully scrutinized and well studied before entering into any contract that willbind one’s finances and disrupt cash flow. Accurate computations are part of the scrutiny andstudy needed to determine which of the financial investments are really for the benefit of thefamily and which ones the family can afford. The Financial Calculator website in the internet isthe best partner and source of information in determining the viability of financial transactions. Saving Time and Money by Using the Free FinancialCalculator Online The Free Financial Calculator Online is the best source of information in determining theviability of financial transactions. It provides the needed financial calculators to compute to thelast cent, projected values of money, bonds, investments, loans, mortgages and many otherfinancial matters that need calculations. The wonder of it all is that the online website is free foreveryone who wants to use it. This translates into savings in time and money because in additionto the efficient and accurate calculators that can be operated online, the website also providesinformation and insights into the usual transactions encountered by the modern family. It givesthe decision maker the options to select from in determining the best course to follow in financialmatters affecting the interests of the family. In the case of car loans, the Free Financial Calculator online can compute the amount ofmonthly amortizations on the car for different terms from 18 months to five years with theinterest factored in. When it comes to savings accounts, there is a calculator that computes theamount saved plus interests at any future date. This is quite convenient for the user since theamount saved in 3, 4 , 5 , 7 or 10 years can be instantly pre-determined. In the case of bondspurchased, just enter the coupon rate and maturity date into the financial calculator and the yieldwill be easily calculated. One of the crucial decisions that a homemaker can make is on thematter of debt management. There are times when there are too many amortizations on purchasesand loans to be paid that there is a need to consolidate all these into a single account or computewhich accounts should be given priority. The computations needed for debt consolidation andother financial considerations can be done on line by financial calculators designed for thatpurpose. There are financial transactions that are rather difficult to ascertain like those that pertain toaccounts with compounded interests. This is not a problem if one is subscribed to the FreeFinancial Calculator online because there are calculators online that can compute these complextransactions. Investment and Portfolio transactions are all covered by especially designedcalculators that consider all risks involved and can even advise on the terms or number of years
  • 3. for maturity and the detailed projected recovery of invested funds. The range of financialtransactions covered by the online calculators is so wide that there is no need for the user to lookat other places for sources of information. The services provided by the website are a bigadvantage for the users of the website. The cost and time of doing research for many financialtransactions are reduced to the minimum as the online calculators provide the answer andsolutions to questions and problems inherent in financial transactions. It is very clear that thedifferent calculators were designed by technically competent people with experience in financialmatters. The advices and side notes given by the website on various transactions show theexpertise of those who designed the financial calculators. The businessmen are thrilled to knowthat there are also transaction calculators that can compute profit and loss projections, rate ofreturns and rate of investment, which are part of their arsenal of tools for their trade. Financial Calculator – A Great Real Life Accounting The use of the Financial Calculator on the internet is a welcome development for users ofthe internet. The Financial Calculator website provides online calculators that are applicable formany financial transactions used in today’s modern living. Living in the current technologicalenvironment requires many other needs aside from the usual food, shelter, clothing andentertainment. Added needs are Car Loans, Home mortgage, Investment and Savings, Bonds,Retirement Plans, Educational Plans, Health Plans and many other financial considerations thatare currently common occurrences. These needs, being financial in nature, need mathematicalcomputations when being considered and applied to in daily living. This is the reason why theuse of the Financial calculator website has become increasingly popular. People realize that inalmost any move involving money and finance, computations are needed. The computationsasked for are numerous and of varying natures so that different types of financial calculations arerequired. In the internet website, financial calculators are provided for each and every applicationcurrently employed by the household decision makers of today. If one is an employee, there are many financial questions that one would like answeredwithout seeking any outside help. Fortunately, outside help is not really needed since right inone’s home, by simply connecting to the internet; such financial questions can be answeredwithout much ado. For example, if one wants to inquire how much he will receive if he opts toretire at the age of 60 instead of the usual 65 years, all he has to do is open the retirementcalculator, enter the data required like his present salary and contributions to the retirement fundand immediately the data is immediately processed and computed so he can compare theretirement amounts to be received at age 60 and 65. There are also questions of how muchmonthly amortization can one afford to pay if he decides to buy a second car or if he gets asecond mortgage on his house. These questions and many others can also be answered by thefinancial calculators in the internet. In other words, financial questions asked by breadwinners on
  • 4. how to financially manage the household are easily answered by the various financial calculatorsin the internet. Those presently using the website have much to tell to their friends and acquaintances. Theservices that they are enjoying really give them a feeling of confidence in controlling andmanaging their financial affairs. In ages past, one has to call the accountant for questions likehow much monthly savings should one set aside to accumulate $5,000 in 5 years. Today, thisquestion can be answered in just a few seconds using a financial calculator. Accountants need not worry since they are still be needed by many clients using financialcalculators in the internet. As a matter of fact, the accountant’s job is made much easier sincemost of financial computations have already been figured out by his clients. All he has to do iscertify the selected financial statements and projections preferred by the client. Of course, theaccountant’s advice is still needed and can be discussed freely with his clients who have beensupplied with financial information by the Financial Calculator website in the internet. Thismeans that most household owners now are aware of a great real life accounting for the familywelfare. Top Places to Find a Free Or Cheap FinancialPlanning Calculator There are top places to find a Free or Cheap Financial Planning Calculator. These placesare all searchable in the internet and many present similar financial calculators that can be usedin different applications. When browsing in the internet, consider the Financial Calculatorwebsite that provides a complete array of financial calculators to avoid jumping from onewebsite to another looking an appropriate financial planning calculator. Actually, it is not eventhe number of calculators being offered that is important. It is the financial advices and theoffered options for the users to consider in deciding the best financial move beneficial to himselfand his family. Even businessmen need to have financial planning calculators for use in thepractice of their trade. The next important thing is that these financial calculators that aresupposed to be of help to the user must be free or there are no charges imposed for using them inthe internet. There are cheap financial calculators available but free is always better if the desiredgoal is attained by both. In searching for top places to find a free or cheap financial planning calculator, one has tostep back a little to examine what one needs to attain financial stability for his family consideringthe many financial options being offered in today’s business world. Car Loans, Home Mortgages,
  • 5. Investment Portfolio, Installment Purchases are some of the financial transactions encounteredby today’s household manager. These transactions are not easy to assess and the best way tomake a reliable financial assessment is getting the values of the transacted items at differenttimes in the future. This can only be done by using the appropriate financial calculators whichare offered in the internet. The parameters used in developing financial calculators for various applications havealready been determined by experts who programmed such software. Because of this, it can beobserved that the different financial calculators offered in different websites have more or lessthe same function. There is not much difference in the applicability of these calculators. Whatdifferentiates one site from the other is the range of products that they offer. Some top websitesoffer more than 80 types of calculators. Some categorize their financial calculators and offer only10 or 12 categories of calculators. In choosing the best site to use, take a good look at the rangeof financial calculators offered and select the site that has the ones that provide the typesapplicable to one’s particular situation. Even if the site does not have as many calculators as theothers but have all the calculators that one needs, the site should be selected as the website thatone can use as his financial planning calculator advisory site. In any human endeavor, it isalways the planning stage that spells out the difference between success and failure. Succeed inmaking good plans and the future will bring good results. Financial calculators are the best toolsfor financial planning since they give accurate read out of the values of different items atdifferent times in the future, making planning easier for the planner and financial options clearerto the decision maker. All these should be considered in looking at top places to find a free orcheap financial planning calculator.