The internet is the world’s largest library. From silly cat videos to real-time sports scores to government ordinances, the internet abounds with information. If someone, somewhere, knows something valuable, it’s almost guaranteed to be available on the internet. Given the proliferation of useful mathematical functions, stock market data, and economic theories, it comes as no surprise that the internet features abundant resources for those interested in personal finance. If you’re looking for more knowledge on personal finance and other ways to save money, the internet can do you a great service. Without further ado, the following websites and resources listed below offer the most effective means of understanding your own financial situation and reaching your monetary goals.
As a publisher of business forecasts and personal finance advice, Kiplinger is nearly a century old and still providing helpful, current advice on how to manage your money. Whether you’re looking for general financial advice or struggling with a difficult dilemma, Kiplinger’s personal finance/investing subsection can help you get one step closer to the answers you’re seeking.
With subtopics such as retirement, taxes, investing, credit, debt, saving, spending, real estate/housing, cars, college, insurance, and personal business, Kiplinger’s may just have everything you need to develop a solid financial knowledge base. To further expand your understanding, this site also offers quizzes, slide shows, tax maps, and other tools for the inquisitive entrepreneur.
When planning out your future financial goals, you can use Bankrate’s personal finance calculators to breeze through the complex math and arrive at a more solid understanding of your own financial prospects. Bankrate collects data on all kinds of rates and other valuable economic statistics. By making it easy for users to understand this information, Bankrate enables users to improve their own financial knowledge and stay up to date on current market trends. In addition to these services, Bankrate also provides a list of handy personal finance calculators.
To perfect your budget and learn more about your future options, you can use Bankrate’s loan calculator to predict loan payments on a fixed rate loan. Simply input the loan amount, its term, the interest rate, and its start date to generate a convenient amortization schedule and approximate cost of monthly payments. If you’re planning for retirement, the 401(k) calculator can help you to discern how much you can save in your 401(k) plan. Just type out your current savings, your monthly income, the percentage of that income you are putting in your 401(k) plan, the percentage that your employer is contributing, the rate of return that you expect on your investments, and the year that you’ll be retiring in order to see the amount of money that you would have at retirement.
Reddit can best be described as a little bit of everything. People use it for entertainment, social networking, news, and all sorts of other reasons. All content on the site is submitted by users and often posted from other sites across the web to provide a central hub for discussion. There’s a reason it’s been deemed, “the front page of the internet.” So, how can Reddit help you manage your money?
Enter the personal finance “subreddit.” Popular subtopics such as news, politics, and science are separated in their own areas of interest known as subreddits. On the personal finance subreddit, users can ask questions about their own finances and how they can make the best decision in any particular situation. For example, users often post questions for how to resolve their debt or achieve a long term financial goal. Common questions feature student loans, debt, retirement, taxes, employment, housing, insurance, credit, saving, and other standard issues of personal finance.
The internet is enormous. With such a vast array of useful personal finance tools in easy reach, bigger and better options will likely appear as time goes on. If you have questions about how to manage your money or you’re dealing with a particularly risky situation, contacting a financial advisor in person is still recommended. But, for general advice, the internet can make you a wiser and more informed investor.