Regardless of the format, they are all helpful, valuable tools for developing financial health. Some of these apps are even based on classic financial calculators (the ones with the buttons and narrow screens) designed for serious calculating. To help you make a choice, we’re featuring 15 financial calculators for iPhone and Android. You might also want to check out this review featuring the best money-saving apps. With these obvious benefits, it’s a good idea to have at least one app installed on your phone to help build smart money habits. For example, using a financial calculator’s compound interest feature will reveal if the state of your finances is capable of paying off a car loan in two years, or if a 30-year mortgage is worth it. It can track your spending habits and your purchasing power.įurther, it can educate you to make sound financial decisions. I hope you would because a financial calculator app can help assess your financial health. But what if that advice comes from an app? Would you still take it? Most of us appreciate advice that helps us build smart financial habits.
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