Skip to main content

Debt Calculator

Have you ever experienced having loans in the bank? Do you have credit cards? Well, it is normal for humans to have a debt. There are times that we are in the hard roads of life and need the help of others especially when it comes to financial problem. Sometimes we are short in money and needed to borrow money from other people or have some credit card account, however, if you don’t keep track with your debt, time will come that you will not be able to pay them and you cannot borrow from them anymore.

Therefore, in order to keep in track with our debt we need something that can help us. There are many solutions that you can find, you can ask a specialist to help you, but this one will cost you much. With the help of debt calculator you can keep yourself with your debt without paying and wasting too much money and besides using debt calculator is very much easy. So, how can debt calculators help you with your debt? As what I have said awhile ago, it is normal to one’s person to have a debt but we need to be very careful with our responsibility just in this case. Borrowing too much is not good so, it is better that you always keep in track with your debt so that it will not grow bigger and you have to control your debt also.

With debt calculator, the very important things that it can help you are that it will help you to budget your money. This calculator will keep you reminded with the balance on your credit card to avoid debt. All you have to do is to input the numbers and the calculator will do the rest of the task for you. It is quite simple isn’t? You don’t have to worry too much and pay attention too much to your credit balance. With this easy way to calculate your debts you can easily learn and secure your loans. With the fast technology that the world has today, this can be very easy.

NB: This is a guest post by Sandy Thomson.

Popular posts from this blog

Historical Sensex Returns Updated - 2024

Historically Sensex has given returns of about 15% per year, despite volatility and price fluctuations of about -20% to +60%. The following table shows S&P BSE Sensex historical data - start  & close values and the yearly returns of the sensex from 2000 to 2024. So far during the year the   index has hit an all-time high of  75,124   and despite markets hitting all time highs not all stocks make all-time highs. There are many stocks still below their highs. Stocks like HDFC Bank, ITC, Asian paints are still well below their highs and some of them have given low returns over last 3-5 years. Individual or Retail investors can achieve consistent returns through investing via mutual funds , whether it be active or passive. Chasing returns from individual stocks is futile. Be a wise investor !

Mutual Fund AUM Surge 35%

 Mutual fund assets surge 35% in fiscal 2024 to a new high. According to recent report from AMFI, fiscal 2024 turned out to be one of the best years for the domestic mutual funds industry as assets under management (AUM) spurted by nearly Rs 14 lakh crore to a record Rs 53.40 lakh crore as of March 2024 compared with Rs 39.42 lakh crore as of March 2023. Women comprised ~23% of the investors based on their share of the AUM and men ~77%, while individual investors comprised ~60% as against institutional investors ~40%. Equity-oriented fund categories gain on inflows and mark-to-market (MTM) gains. As Nifty 50 gained 33%, most of the AUM increase are from MTM gains. Passive funds growth was muted around 27% as compared to Active funds. Another key take away is investors' adoption of systematic investment plans (SIPs).   SIP continues to rise with monthly net inflows at Rs 19,300 crore in March 2024. For fiscal year 2024, the net inflows through SIPs stood at nearly Rs 2 lakh cro...