Financial Tools

Here are some of the best financial tools that I have found around the web.  I’ve broken it up into two segments: software and tools.  The recommended software helps you manage your finances and/or save money while the tools are mostly online calculators that can come in very handy.

Recommended Software

 

financial tools

Personal Capital is an awesome tool for managing your cashflow and investments.  It’s got a very intuitive dashboard that allows you to see all of your finances in one spot.  Personal Capital clearly shows your net worth which, as you probably know from reading Growing The Green, is extremely important.  It also helps you out by showing you the fees you pay in your investment account.  Best of all, it’s free.

 

financial tools

TaxAct is tax return software similar to TurboTax and H&R Block, except it’s way cheaper.  Use this link and get 5% off.

Online Calculators

Debt Repayment Calculator

Great tool for determining when your debts will be paid off depending on how much extra you put towards them.

Compounding Interest Calculator

This one is a staple of personal finance.  Witness the power of compounding interest.  It’s fun to see how much money you could have in the future.

FireCalc

FireCalc is a data-lover’s dream. This website will show you how your nest egg would fair for every possible time interval since 1871. It helps you test your portfolio to see if you truly have enough to be financially safe in retirement.

Rent vs Buy

Should you buy a house? Does it make more sense to rent? This calculator will help you determine the answer.