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financial calculators

Guide to Msfinancialsavvy Online Financial Calculators

Do you need information about saving money, budgeting, renting, or buying a home? Do your research, and start by using our online financial calculators. We have budgeting calculators, saving calculators, mortgage amortization calculators, debt payoff calculators, mortgage calculators, weight loss calculators, and many more. 

Msfinancialsavvy has the following online financial calculators

Msfinancialsavvy has calculators which will help you calculate to stay financially solvent, in case of a job loss, or other financial tragedy.

The most important calculators to stay financially solvent are savings calculators, budgeting calculators, mortgage calculators, and home rent or own calculators.

The “rent or own” calculator is significant because it tells you if you should keep renting, or if you are ready to buy a home. The foreclosures have been very high in the past 6 years because many of the people who owned, were not ready.

Online financial calculators at Msfinancialsavvy Including budgeting calculators, mortgage calculators and savings calculators

And when the economy went down, their budget went down with it. That included losing their home.

Every homeowner should have payments well below their income level, l along with at least 3 years of payments in the bank, should they lose their primary income, they will not lose their home.

Our online calculators will help you to define permanently viable healthy finances.

It is also important to maintain your retirement savings, so you can retire someday. Ever wonder why elderly people stand on their painful arthritic feet as a greeter in a superstore? I will give you a clue, they kept putting off retirement planning until it is way too late. 

Below our savings goal calculator, monthly deposit savings calculators, savings goal calculator, budgeting calculator, and mortgage amortization calculator. These online calculators will guide you to save and make decisions effectively.

Retirement Savings Calculator

Use our retirement savings calculators to guide you into future savings. When the economy dumps as it has in the past several years, it is important to have money on the side to pay bills in case of job loss. The retirement savings calculator will tell you how much you will need to save monthly so you can retire someday. Many have missed this opportunity and work way past retirement age. 

Savings Goal Calculator

Use this savings goal financial calculator to figure how much your current savings will grow and how much more you’ll need to save each month in order to achieve a given savings goal within a given number of years. Start with Line 1 and enter your future savings goal. You will be surprised how much you can save when you do it regularly. 

Monthly Deposit Savings Calculator

To calculate the future value of a monthly investment, enter the beginning balance, the monthly dollar amount you plan to deposit, the interest rate you expect to earn, and the number of years you expect to continue making monthly deposits, then click the “Compute” button.

Budgeting Calculators

A common question financially dysfunctional people ask is, “what is a budget”?  Many people don’t understand what is  a budget  because

1. Their parents did not teach them budgeting skills

2. They were downright spoiled and therefore were not required to live within a budget of any kind

3. You made a conscious decision that you can live without a budget

4. You haven’t seen the devastation caused by not living on a budget.

No matter what the case, our budgeting calculators can help you. Listed below are our budget percentage calculator and our rent or own calculator.

Budget Percent Calculator

These budget percentages are only recommended percentages and will change dramatically if you have a very high or very low income. For instance, if you have a very low income your necessary percentages will be high.

If you have a high income, your necessities will be a lower percentage of income and hopefully, savings (not debt) will be higher than recommended.

To get out of debt use the debt calculator to find out how much debt you have. Then, go onto the debt payoff calculator to create a debt payoff  schedule. 

Rent or Own Calculator

It is always great to buy a home and live happily ever after. The problem is, if you purchase a home before you are ready, the likelihood of foreclosure is great.

Buy a home when you can afford to buy; with an affordable down payment, closing cost, and an affordable monthly payment of principal, interest, taxes, and insurance.

During the past foreclosure crises of the early 2000’s, there were people who bought a home under the “no docs” system that allowed buyers to “state” their bills and employment.

Many people lied, purchased homes they could not pay for, and were subsequently foreclosed on.

Keep your rent affordable, keep bills low, save money for emergencies, save a down payment, pay your school loans, and buy only when you can afford to.

Use this Home Buying Course With Your Mortgage Calculator
Home buying the right way take skill

Mortgage Amortization Calculator

You can figure out how much your total payment will be before you buy a
home and get sticker shock. You can find the estimated taxes and insurance at any real estate site, such as Zillow. Use different time slots with your mortgage amortization calculator to see different payment schedules. 

The mortgage amortization calculator can also be used to amortize other loans such as student loans. Want to fast-track a student loan payoff? Find out what you will have to pay in order to nix the bill in 5 years or 7 years. Don’t let those pesky student loans go on forever.

Make sure the extra payment is applied to the principal, not interest, check every single time you make that payment. Many lenders will try to sneak it into the interest instead of the principal. Applying payments to interest benefits the lender but does nothing for you. 

Debt Payoff Calculator

These debt payoff calculators will get you out of debt. You use the first debt calculator to find your highest debts. Then use the debt payoff calculator to get out of debt efficiently.

Use the MsfinancialSavvy Calculators at liverichcaculators.com in this order, you will find the following online financial calculators

  1. Budgeting Calculators
  2. Savings Calculators
  3. Savings Goal Calculators
  4. Monthly Deposit Savings Calculator
  5. Rent or Own a Home Calculator
  6. Debt Pay Off Calculator
  7. Mortgage Calculators as well as mortgage amortization calculators


    You can calculate a variety of financial assets with Msfinancialsavvy online calculators at liverichcalculators.com
Online financial calculators at msfinancialsavvy, online budgeting calculators, online savings calculators, online mortgage calculators, loan amoritization calculators.


A Step-by-Step Guide to Create Your Personal Finance Statement

 To get your personal finances right, you must list goals with a personal finance statement. There are many ways to create your personal finance statement.  But first, you should be familiar with, Personal Finance Literacy and Personal Finance Planning.

You can accomplish this by using the following: Personal Finance News, Personal Finance Articles, and Personal Finance Courses from investing to home buying.

Then, include the following tools on a regular basis; A Personal Finance Book, Personal Finance Spreadsheet, Personal Finance Reddit, and of course, understand Personal Finance Management.

If you can master this knowledge; your personal finances will soar. Your personal finance statement will be created after you finish all the following personal finance tips listed below.

A step by step guide to create your personal finance statement

Step #1 –
Obtaining Personal Finance Literacy

Personal finance literacy includes learning and understanding various fields of personal finance. You must have personal finance literacy to create great finances in your life. I was attending a woman’s conference once and a surprising thing happened.

A young woman saw my name tag, I was to speak on personal finance to this group of businesswomen, including her. She came up to me and said, “what – is – personal – finance”.

I am not going to lie, I was a little shocked that an educated, intelligent businesswomen would ask me this question. I politely said, “your personal finances”. I am not sure that she understood, but she said, “oh”.

I knew she would understand after I spoke at the conference. But she is not alone, many intelligent people do not understand that their personal finance literacy is at the core of their financial success or failure.

Step #2 –
Your Personal Finance Planning

Nothing great happens like magic, including personal finance planning. You must plan what you do and do what you plan.

That applies to personal finance planning, as well as anything else that brings success.

Personal finance planning does not include you turning your financial decisions over to someone else. You must know what you need and what you want to do with your personal finances first, both short and long term.

Otherwise, you may be steered in the wrong direction by others who do not understand your short-term or long-term needs, as well as most of your financial details.

Step #3 –
Use Personal Finance News

Understanding personal finance news is important because it helps to know what is trending in finance. An example, if home prices are starting to drop and you must move for a new job, it may be time to sell sooner rather than later. This will assure you will get the top value you deserve before prices drop.

Or, if finance news repeatedly talks of a recession and home prices are falling rapidly, it may not be time to buy a home. The best decision may be to wait until the foreclosures stop and the prices settle out.

An example of a local recession is if a large company closes in town and many of the workers cannot make their mortgage payment.

Personal finance news is particularly important because it helps you to stay in the know and not make major and costly financial mistakes.

Because you know the status quo of important current issues, you avoid mistakes.

Step #4 –
Read Personal Finance Articles

Studying Personal finance articles are another way to keep up with personal finance news. There are several personal finance articles that explain various topics about personal finance.

You can search and read articles on home buying, car buying, stocks, mutual funds, saving money, budgeting, and more.

Of course, there are a wide variety of personal finance articles here at MsFinancialSavvy Blog. They are added and updated on a regular basis.

Step #5 –
Take Personal Finance Courses

Taking quality Personal finance courses is a great way to learn the most important facts of personal finance and achieve personal finance literacy. There are many great personal finance courses, that will give you a wide array of knowledge.

I specialize in personal finance courses and encourage you to at least start with a home buying or car buying course to save money and buy value.

You can literally save thousands of dollars when you buy a home or car the right way. Many people complain that they have no money after buying a home or car. The reason: “They over-bought on one or both accounts”.

There is a right way and wrong way to buy a car and a home. No broker is going to tell you the right way, they are ONLY interested in the sell. The faster the better, then they are off to the next person.

This holds true with stocks, bonds, mutual funds, home buying, car buying and other investments as well.

Step #6 –
The Personal Finance Book

I started teaching personal finance with my award-winning personal finance book. I will not discuss the book now, but I will tell you that I have 8 new personal finance books. Those books are important because I do what others fail to do in a lot of personal finance books.

I tell you what most typical personal finance problems are and how to solve the problems successfully. I give you several options for example, to learn mutual funds and stocks or understand home buying and car buying with several details.

The most important detail I give you is how to save money and how to make money over time in each process.

A personal finance statement using a peraonal finance book, personal finance courses and personal finance reddit forum

Step #7 – Using a Personal Finance Spreadsheet

A personal finance spreadsheet will enable you to put hundreds of details in one place. The personal finance spreadsheet will allow you to track everything you need to grow your finances, understand your personal finances and be consistent with your finances.

You can track bill payoff, bills you need and do not need, and what to do to create an environment to make your finances soar.

You can increase your credit score, track your home buying and car buying as well as other personal finances. Your personal finance spreadsheet will allow you to see if you are failing or if you are on track for success.

You can use personal finance calculators to create your personal finance spreadsheets also.

Step #8 – Why Personal Finance Reddit?

Let us start with personal finance reddit. There are many ways to expose yourself to various types of personal finance information. One, is the variety of opinions on personal finance reddit.

Some of the users are very fluent in personal finance and some are amateurs, but the exposure will enable you to understand the core of personal finance.

Personal finance reddit is a type of personal finance news, not always accurate, but it does give you an idea of what is trending in personal finance. Before you go there start with our personal finance blog.

Finally, Personal Finance Management

In conclusion, you now see that personal finance management can be done by you and is best done by you. When you engage in personal finance articles, reading personal finance news, and finding your favorite personal finance book.

Personal finance planning is the key, and you can do it yourself when you take courses and obtain keen personal finance literacy.  You will learn to track your finances with personal finance spreadsheets.

Personal finance reddit is one of many examples of a type of forum you can use to get additional news about personal finance.

When you finish with this personal finance guide you will be able to create a short-term and long-term personal finance statement that will take you years into the future.

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A step by step personal finance guide to create a personal finance statement, by doing personal finance planning and personal finance literacy