I hate math, actually.
So while I love the idea of things like comparing loans for the best terms or crunching our budget so we can put aside for certain savings goals…and while I know these things are necessary…when it comes down to actually doing the math, most of the time I give it to The Hubby. I just don’t have the interest or the skill to do it myself (and know I’m doing it right).
Which is why I was super-excited when I found out that The Financial Mentor has a whole page of 80 of the best financial planning calculators. I actually called The Hubby in to take a look at it. I can’t tell if he was smiling because he knew he’d have to do less number work for me, or because he thought it was cute how excited I was getting over calculators. J
Whatever math you need help with, these calculators have you covered. You can browse by category (retirement, loans, debt payoff, etc.) or by specific questions like “How long until I pay off my credit card using various strategies?” or “How long until I reach my savings goal given the amount I’m currently saving each month?”
I see myself using these in so many different situations. I’ve actually gotten some ideas for new comparisons I can run for our financial planning, just by browsing the questions. I think these are the coolest PF tool I’ve come across since Mint.
Are you PF savvy but not math savvy like me? How do you handle the numbers games?