savings calculator

  • Emergency Fund Calculator

    BySufyan Sultan

    Saving an emergency fund is vital to your financial safety, which will save you from sudden costs such as the loss of employment, medical cost, or car repair. While experts generally advise you to save 3-6 months’ worth of your basic expenses, our Emergency Fund Calculator will assist you in deciding how much you should save.

    All you need to do is enter in your monthly costs, preferred months of coverage, and existing savings. The calculator will immediately display your target figure and a progress bar to give you a sense of how close you are to peace of mind.

  • 50/30/20 Rule Calculator

    BySufyan Sultan

    You don’t have to make managing your money difficult. The 50/30/20 budget rule is easy and efficient to become financially organized through separating your after-tax income into three buckets: 50% for Needs, 30% for Wants, and 20% for Savings and Debt Payoff. Our calculator, available free, makes it even simpler, providing you instantly with exactly how to allocate your income and educating you on establishing improved financial habits in the long run.

  • Interest Calculator

    BySufyan Sultan

    Described by Albert Einstein as the “eighth wonder of the world,” compound interest is the most potent principle of personal finance. While simple interest compounds only on the initial investment, compound interest compounds on both the principal and the interest it has already accrued. Due to its exponential growth, steady savings and early investment can create enormous long-term wealth.