Knowledge Tools for You!!



Financial Calculators

"My people perish for lack of knowledge."
Hosea 4:6

Click on the subject of your choice and discover a wealth of knowledge in your tool box.

Credit Card Minimum Payment Interest Calculator
This calculator will show you how much interest you will end up paying if you make only the minimum required payment on your credit card bill. It will also tell you how many minimum payments you will make before your balance is paid off.

Debt Investment Calculator
Before you go throwing darts on Wall Street, check to make sure you can't earn a higher rate of return simply by investing in your own debt! For example, if you have a credit card balance that's costing you 19% per year, and you increase your payment, you will get a guaranteed 19% return on your investment. What's more, your earnings will be tax-free! So use this JavaScript Calculator to see how much you could be earning if you increased your payment on any one of your debts.

Non-Monthly Payment Calculator
This calculator will convert your non-monthly payments into their monthly equivalents, and then provide you will a total. This total will represent how much you will need to set aside each month in order to make your non-monthly payments as they come due. A great budgeting tool!

Increase-Your-Wage Calculator
If you work one hour and spend that hour's entire wage on a non-necessary, non-appreciating purchase, you have effectively limited the value of one hour's wage to its face value. On the other hand, if you were to invest all or part of the one hour's wage into an interest earning investment, this would serve to increase that hour's wage by an amount equal to the total interest earned by the investment. In other words, the person who is ultimately responsible for setting your hourly wage rate is not your boss--it's YOU!

Real Hourly Wage Calculator
So your boss told you that you were getting paid $10 an hour? Don't believe it! This calculator will show you how much you're REALLY profiting (after-tax, after work-related-expense take-home) from each hour you devote to working--both paid and unpaid. But wait! Before you approach your boss with this startling computation, make sure you see both sides. You know, your boss's "side" and the "outside!" ;-)

Child Math Tutor
Since addition, subtraction, multiplication and division are skills children need to know in order to become successful money managers, this interactive tool was created to give children an interesting way to hone those all-important math skills. If you have children and any of them haven't yet memorized the math factors for their age group, simply make using this tool part of their required daily homework.

Lifetime Savings Calculator
This calculator will show you how much you'll save over the course of your lifetime when permanently switching from any given high priced buying habit (name brand) to its functional, less expensive equivalent (generic). Plus, it will also show you how much interest you could earn if you were to invest all or part of those savings as you realized them. As you're about to see, "a penny saved" can REALLY ADD UP!

Loan Comparison Calculator
This calculator will help you to compare the total interest charges of four different loans.

Mortgage Refinancing Calculator
This JavaScript calculator will help you to decide whether or not you should refinance your current mortgage at a lower interest rate. Not only will this calculator calculate the monthly payment and net interest savings, but it will also calculate how many months it will take to break even on the closing costs.