Financial savings are vital for your future as well as for your family's wellbeing. Systematic savings can be beneficial as you manage your finances well and can make plans for the future accordingly. Personal finance calculators are the ones that simplify this task and help you figure out your situation financially. There are several online financial calculators designed for separate tasks, like-

Credit Card pay-off calculator

Credit card debt is not easy on the mind, to pay this debt off you need the help of a financial calculator. A credit card pay-off calculator helps you in determining the duration it will take to clear off your debt based on your payment amounts, interest and balance.

Home Loan EMI Calculator

This calculator makes your home loan EMI calculation easy before applying for it. This way, you can determine and calculate the monthly EMIs that you will actually be able to spend with the current income.

Pension Calculator

Plan your retirement savings and pension accordingly by using a pension calculator. Instead of doing this yourself and getting muddled at several steps, doing it using a calculator is much better and systematic option.

Student Loan Calculator

Students who face the dilemma of how much to repay for their education loan can benefit from this calculator. Outstanding student loan balances can be discomforting; repayment options using the anticipated salary can be easily calculated through a student loan calculator.

Emergency Fund Savings Calculator

Life is unpredictable and anything can happen anytime. It could be a health problem, or loss of job, or a medical condition of your dependent family members. To have an exact amount in savings, a calculator will definitely help and there is a specific emergency funds saving calculator designed for just that.

Yearly expenses calculator

Your yearly spending can be calculated using this calculator. Based on the findings, you can cut down on unnecessary spending and save the amount for a better future.
Above mentioned are few calculators that you can find online which will assist you in maintaining your financial wellbeing.

(Article is contributed by IIFL)