Tuesday, 12 April 2016

Top 5 free financial planning tools



When it comes to your financial affairs there are so many things you need to consider. The list goes on like home loan, household bills, school or university fees, credit card debts, investments, retirement planning, insurance and tax implications. As the list goes on, it’s all too easy to get out of control. But wouldn’t you like to get it back under control? By setting some goals and objectives, big or small and then putting a plan in place to achieve them will help you to achieve more financial success.


Here are some most useful tools that can help you understand and take control of your finances:

Life Insurance

Your loved ones mean everything to you. You provide for their everyday needs and future dreams. But what if something were to happen to you? No one wants to think about dying. But have you ever wondered how your loved ones would financially manage? 

Unfortunately many people don’t get life insurance because they believe it’s too expensive.How do you know how much coverage you need? To find your number take a look at this calculator. Click here

Child Education

Providing a great education to your children is probably the best gift any parent would give. School fees are probably rising at 4 times the rate of inflation. So it makes sense to plan ahead and ensure that your children get the best education. How much do I save for my child’s education? Click here

Loan Eligibility 

Owning your dreams in this modern era seems quite easy with loans provided you manage your debts accurately. This calculator will serve as a guide before applying for a personal loan, home loan or car loan. It lets you understand your loan eligibility and the EMI. When you head to the bank next time, you are not worried about asking your loan eligibility, because you already know it! Click here

Tax Impact

Knowing only the income tax slabs may not help in computing tax obligation for a person. This calculator helps you to calculate tax liability for FY-17 and FY-16 and assess the changes in your tax liability in FY-17 with respect to FY-16. Click here

Retirement Calculator

Are you one day closer to wrinkles?  A proper pre-retirement planning is required for leading a peaceful post-retirement life. Find out how much money you need to save for your retirement and maintain your current standard of living. Click here