On this page is a detailed compound interest calculator, along with the compound interest formula. The calculator allows you to calculate compound interest from a starting lump sum, periodic additions, and for annual, monthly, and daily compounding periods. Finally, our calculator will graph the growth of the investment over time and report a final amount. […]
We’ve got a bit of a hangup with emergency funds on this site – we feel that the advice to immediately save 6 months of living expenses in a low-interest high liquidity savings account isn’t the best course of action for everyone trying to reduce their debt. In fact, the demand is counterproductive, in many […]
From the Wall Street Journal yesterday: the bear market has taken a swipe at college savings rates. In fact, it’s taken more than a swipe; 47% of parents are savings less than before or nothing towards the education of their children. Ouch.
First for some good news: the United States still has a debt rating of AAA, according to Moody’s. However, it’s probably in the country’s best interest to keep an eye on increasing deficits before they get too large. That’s what the site I’m linking you today helps you do – keep an eye on the real time US deficit, and some of the unfunded liabilities on the books. I present: the U.S. Debt Clock.