Granted, maintaining a budget is critical to ensure that your money is maximised and properly managed. The ingenious development team at Money 101 have created budget calculators to assist you with your everyday financial calculations. Have a look below:
Car Calculator – this calculator will help you work out how much you will need to pay for your vehicle on a monthly basis i.e. how much you need to save per month and over how many months you will have to pay.
Total Car Calculator – this calculator will help you work out the cost of buying a car, which also includes the additional costs you may not have considered i.e. your monthly petrol and insurance costs.
Home Calculator – you will find this tool very helpful when working out your monthly repayments on the purchase of a home i.e. working out how much you are required to pay per month over X amount of years.
Total Home Calculator – this calculator will help you work out the cost of buying a home, which also includes the additional costs you may not have considered i.e. security, rates and taxes etc.
Retirement Calculator – this calculator seeks to help you save towards a comfortable retirement. We often do not consider what will happen when we reach retirement age, which is an emphatic no-no.
Savings Calculator – this is a general savings calculator. Should you be planning a vacation, or budgeting for a major expense, it’s ideal to help you get organised (or better yet, onto that beach!).
If you already have a profile on My money My budget, login here to access the calculators. If you don’t have a profile, register here and you will soon be able to access these fantastic tools.
