Ever wondered what your net worth is or where all of your money goes each month? We are providing these calculators as a service to our friends and clients.
While the results of each calculator should not be relied on as a definitive answer or solution, they can serve as a useful guide and a starting point in your detailed budgeting and financial planning.
Calculators > Cash Flow
Use this calculator to determine the impact inflation may have on your standard of living.
A projected cash flow statement can help you evaluate your personal income and expenses and see if you potentially may run 'in the red or the black' at a future date.
Use this calculator to help determine what you could accumulate by reducing or eliminating discretionary monthly expenses.
If your income does not keep pace with increasing consumer prices then your standard of living can be reduced.
Where does all the money go? An itemization of your living expenses may help you budget better and plan for future expenses.
It is prudent planning to have at least three to six months of liquid/cash assets set aside in the event of a loss of job, medical emergency, short-term disability, etc.
When you receive some extra money it may be difficult to determine whether you should invest the funds or use them to retire debt. Financial theory recommends that if your after-tax return on investments is greater than your after-tax cost of debt then you should invest.
You have worked hard to accumulate your savings. Use this calculator to determine how long those funds will last given regular withdrawals.
A working spouse can provide additional needed household income. However, when making your decision, you need to look at the net income generated by a working spouse not simply the gross income. Factors such as health insurance savings, increased daycare expenses, additional transportation costs, etc. need to be considered.
In order to get where you want to go, you need to know where you are. You can get a view of your financial position by generating a personal net worth statement.
Over time your net worth will change as your assets earn interest or are depleted and your liabilities increase or decrease. Use this calculator to estimate what your net worth could be in the future based on specified growth rates.
Businesses generate a sources and uses of cash statement to evaluate their income and expenses and to check profitability. Similarly, a cash flow statement can help you evaluate your personal income and expenses and see if you are running 'in the red or the black' each month.