Free Financial Calculator
I can't tell you how many times I've looked for a Free Financial
Calculator online and then forgot to bookmark it. So, I've put one
on my own site and now you can...
Click Here To Bookmark This Page! (Sometimes
link will not work in Firefox)
The following mortgage and loan calculator gives amazingly beautiful,
colorful and easy to read results. Try it now!
*Disclaimer; "Please use this
free financial caculator for appreciable assets only."
So, what kind of answers did you get?
I hope you got what you needed. You know, most people who look
for a free financial calculator online are looking for fast answers
to financing questions.
The problem is; most people shouldn't be financing most of the
things they're trying to finance. Things like; tv's, furniture,
audio equipment, cars or even a diamond ring and not things you
want to be financing!
Why is that?
Well, simply put; you should not be financing any kind of depreciable
consumer goods. The truth is; if you can't pay cash for it, then
don't buy it.
But, for some reason most people, in North America especially are
financed to the hilt. And, that's basically why most people are
in such a financial crisis (at least at the time this article was
written in early 2009).
The reason many people are losing their homes to forclosure and
their cars to the repo man is becaused they were over financed to
begin with. It's not because they lost their jobs or business is
down... it's because they didn't pay cash for consumer goods.
Here's the rule; if it appreciates in value then consider financing
- if it depreciates in value then don't finance it, buy it with
cash or don't buy it at all. A free financial calculator will not
help you make better decisions when it comes to buying consumer
goods. It will only lull you into thinking that you can afford something
when the fact is; you can't.
Look at it this way; if you have to consider financing then you
know you can't afford it. Period.
Of course, if you're buying a home that you know will increase
in value, which is almost always the case, then go ahead and finance
it. But finance within your means. Anyone who makes less than 150,000
dollars a year should not be buying million dollar homes.
But, for some reason many people in America did just that.
A free financial calculator should include this discalimer; "use
this free financial calculator for appreciable assets only."
In fact, I think I'll do just that. If you look at the loan and
mortgage calculator above you'll see that I've added that phrase.
Good luck with it and here's to your financial success!
Street Smart Marketer