In the digital world of today, the click of a mouse can bring you a solution to almost any problem. Any question can be answered, and when it comes to cutting costs and saving money, there’s a wealth of help, advice and handy tools to get you started.
With this in mind, today’s post is all about bringing the best of these online tools straight to you, and giving you the low-down on how they can help improve your life.
The savings calculator
Just by doing an online search, you’ll be able to find tonnes of savings calculators to give you a head start. By entering the specific amount you’re trying to reach into the calculator, you’ll receive an array of options to help you reach your savings goal. It will provide different lengths of time, different amounts paid into your accounts and so on, until you find a solution that allows you to meet your monthly savings objectives.
The personal loan calculator
Speaking of savings calculators, these may be perfect for you if you already have a rough idea of how much to put away each month, but what about if it’s for something unknown, like a personal loan? This is a big commitment for someone to take on without the proper research beforehand. Using a personal loan calculator tool can give you an idea of how much those monthly payments are likely to be, enabling you to make an informed decision on whether you can afford the loan.
The mortgage calculator
One of the most common reasons for needing to cut costs and save money is to get together a deposit for the house of your dreams. A deposit is roughly between 10% and 20% of the house price you’re looking for, but what interest rates are you likely to get? How much will repayments be? Online mortgage calculators can help you determine these kinds of factors, but more importantly, they can recommend the best packages to go for, meaning better rates and more money saved towards the re-decorating.
The energy efficiency check
One of the best areas to cut costs is where your energy efficiency is concerned. So many people waste hundreds, even thousands, every year because they simply don’t know how to live more efficiently on a day-to-day basis.
Things like installing a new boiler that conforms to the latest energy efficiency guidelines, and having better insulation installed to lock more heat into your home, are simple but effective ways of knocking down your monthly bills. However, for the best advice consult an online energy efficiency tool, and find out exactly how your house could save you money in the long run. Find out more about efficiency here.
I hope you find these online tools helpful in your quest to cut costs and save money. Do you have any tips of your own? If so, we love hearing new ideas so don’t be afraid to leave us a comment.