Do you have a savings goal? Or maybe a goal to get something paid off in a timely manner? Maybe your goal is ‘save $5,000 for a family vacation’ or “pay off my credit card debt in four years.” To help you succeed in these goals, use an online calculator to see how much you’d have to save each month or year to reach your goal. Sometimes I try to do the mental calculations in my head and I’m way off. Or, I have the calculations correct but I’m totally caught off guard at how many months it’ll take. Whether it’s a savings goal or a payoff goal, make sure you’re giving yourself a realistic timeline with the help of a financial calculator. Here are several suggestions for online resources:
Simple Savings Calculator – Savings Interest & Investment Growth (bankrate.com)
Savings Calculator – NerdWallet
Savings Calculator – SmartAsset
Mandy’s Fabulously Frugal Fact of the Day is brought to you by…
Old World Deli is Bellingham’s authentic delicatessen in the European fashion! You can dine-in, shop the market, and order wine, meat, cheese, and groceries for pick up or delivery! Order online or visit them at 1228 N. State Street in Bellingham! Check out their daily specials on Facebook to save money on your lunch or dinner.
