Financial Calculators Can Help Manage Your Personal Finances

Financial Calculators Can Help Manage Your Personal Finances

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Managing your hard-earned money is hard. Without proper management of funds, you might end up incurring debts. Having a financial goal can help you plan ahead on where you’d like to spend the bulk of your money. This is where budgeting comes in. Having a budget lets you make smart money decisions and avoid unnecessary expenses. But how do you manage a budget? A financial calculator can help break down your expenses, and how much time and money it takes to reach your financial goal. 

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Go To Best 10 Financial Calculator Apps
  1. Use Free Financial Calculator to Manage Personal Finance
  2. Mobile Financial Calculator for Accounting Students
  3. Loans Calculator for Various Types of Loan-Related Expenses
  4. Mortgage Calculator to Help Repayment Planning
  5. Investment Calculators to Plan for Your Retirement

We get it. Budgeting can be really hard if not done properly. Without a proper budget, you would most likely be splurging your money on irrelevant things. So, when something unexpected happens like getting sick or your car breaking down, you’d be fretting on where to get the money to pay for them.

Therefore, using a free online calculator can help you avoid situations where you would be scavenging every nickel to pay off debts. If you’re looking for something more specific to help you manage your money, you can use a financial calculator app. Financial calculators are not your average calculators. They are programmed to tackle specific scenarios to help with your personal financial planning. The Internet comes with guides on how to use financial calculator to help you gain more control over your expenses. Some financial calculator apps help calculate how much you pay for a loan or a mortgage. Some cater to computing how much ROI (return of investment) you could get in your investment plans. By knowing where your money goes, you can be more aware and this can help improve your spending habits. Surely you wouldn’t be buying that diamond necklace off the bat when you have a loan to settle for 3 years, right?

If you’re an aspiring accountant, having a calculator can help make calculations easier. As someone who will be handling finances in business in the future, it is important to have accurate computations to avoid problems. Because of all the factors to take into account, a simple calculator won’t be much help. There are a lot of financial calculators that students can use such as a car financial calculator for car loans or an investment calculator for computing investment returns. A popular calculator for accounting students is a scientific calculator. A scientific calculator lets you do complicated formulas. They can do more than the basic operations in order to get results more accurately. In this age, accounting students can now make their phones their own calculators by using various calculator apps. These calculator apps provide all the necessary features an accounting student would need.  

Planning to buy that big red house down the road? It’s best to apply for a mortgage when opting to buy real estate properties. A mortgage is an agreement where it allows you to be able to borrow money from banks by offering something of equal value. Most businesses that acquire building ownerships apply for a mortgage in banks, so they don’t have to pay the full price immediately (and risk themselves of going into debt).

However, before heading out to the nearest bank to file for one, it’s best to have all the information you need. Mortgage calculator apps let you compute all the necessary details in order to determine how much you can pay within the set amount of time. This can help you set aside money beforehand for your monthly repayments. It’s important to know the type of mortgage you have in order to compute for the mortgage payment. All you need to do is to input things like the value price of the property you’ll purchase, your planned down payment, how much loan you’ve applied for, and its interest rate. Some calculator apps even let you compute for the yearly mortgage payment if ever you choose a yearly payout.

At some point, we’ll reach the age where we retire from the workforce. The major reason people do investments is so that they can have a comfortable retirement. So as early as now, it’s best to work on a retirement plan. By investing at an age where you have a source of income, it gives you ample time to work on setting up your finances for retirement. You can use the money to go on travels, engage in activities you can’t do when working, or cover medical expenses should the need arise.

Yet, investments can be tricky due to the fluctuation in the market. By using online calculator apps, you can compute for important aspects of investment, such as the impact of having an additional contribution and investment payouts. Investment calculators come in different types as well. One of the useful calculators to use is the compound interest calculator. This lets you compute how much compound interest your investments will gain once it ends. This way, you can make your money grow faster because it computes for the accumulated interest during its period alongside your initial investment.

So, if you’re looking into settling your loans, using an ultimate loan calculator app can help you organize your existing loans. Whether it’s a mortgage loan, student loan you have yet to settle or a home loan, the app keeps track of these alongside how much you need to pay them. 

Budget planning has never been easy. It’s hard to keep track of where your money goes. As we age, responsibilities such as paying off loans and preparing investments for retirement becomes a part of our financial goals. By using a financial calculator, not only can you calculate your expenses for the past month, but you can also use them to help achieve your financial goal. Whether it’s for paying off your student loans or finally buying the house you’ve always dreamed of, having a financial plan to achieve them is important. 

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  • Like the industry standard financial calculator, but with TONS of extra features

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    • very useful and easy apk. it would be better if this apk could display for rates with option three digits after the coma instead of two
      Abdo Rabbih


  • Financial Calculator to plan personal financial goals

    4.3 Ratings 730 Reviews 100K+ Downloads
    • Very good app for all planning life insurance, retirement, wealth creation and most important thing is simple and clean to calculate.
      Shrikant Sature


  • Emulator of the BA 2 Plus Calculator

    4.8 Ratings 265 Reviews 50K+ Downloads
    • Easier to have on my phone than have my calculator on me all the time! Update: After using the app for a few weeks I decided to pay for the pro version just because it is so convenient. Since I just started accounting classes I am still getting to know the calculator and I find if I get something wrong, it's my error and YouTube videos help a lot when learning how to use the calculator. I highly recommend this app, works great for me so far.
      Lori Olurin


  • Loan, Mortgage, Simple Interest and Compound Interest Calculators

    4.1 Ratings 2K+ Reviews 500K+ Downloads
    • Love the old version like the new. Author don't listen to haters and manipulators. You are doing a great job. Thank you for your time and effort.
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  • Advanced Mortgage Calculator with Graphs and Charts

    4.7 Ratings 7K+ Reviews 1M+ Downloads
    • The BEST mortgage calculator, ever! So many features! I considered making my own until I found this gem. It's seriously the only loan app you'll ever need!
      Neil Smith


  • Financial Calculator with RD, FD, PPF EMI calculator and loan calculation.

    3.8 Ratings 118 Reviews 10K+ Downloads
    • good app but it's unable to write years in decimal point. sometimes it's needed in decimal format not in months. Please update it. Thanks.
      chandan yadav


  • A one-stop solution for all your financial calculations.

    4.2 Ratings 76 Reviews 10K+ Downloads
    • I like the clean and simple interface. Good one. It would be great to have a few more features e.g. - reinvestment/payout of interest, tax.
      Suhit Pal


  • Regular calculator, fraction calculator and much more. No Ads and Free!

    4.5 Ratings 2K+ Reviews 100K+ Downloads
    • l like this app. It has regular calculator with more: faction calculator, discount calculator, tip calculator. Much more. No permission needed. No internet needed. No ads. Totally Free!
      Coral C


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