Tag: Monthly

Basic Monthly Budget Worksheets Everyone Should Have

A personal or household budget is an itemized list of expected income and expenses that helps you to plan for how your money will be spent or saved, as well as track your actual spending habits. The word budget may have taken on a slightly negative connotation over the years, invoking an image of pinching pennies or limited spending.

However, a budget is really just a tool to gain a better and more accurate insight into your spending habits. By listing all of your sources of income against all of your monthly expenditures (from required expenses like mortgage or rent payments to discretionary spending like eating out or going to the movies), you get a true picture of your personal cash flow, which will allow you to make better and more informed financial decisions. An accurate budget will also help you to better understand what you can and cannot afford.

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Personal Loan Calculator (2020) – Calculate Your Monthly Payment

Personal Loan Calculator

Photo credit: © iStock/Roman_Gorielov

Personal loans can be your ticket to paying off high-interest credit card debt or tackling big bills. But like all debt,
personal loans are not to be taken lightly. Once you’ve figured out how much you need to borrow and how much you can afford
to pay back each month, you can start shopping for personal loans. Personal loan calculators help you know what to expect.

Wondering if a personal loan is right for you? It’s important to ask yourself why you want to borrow money. Is it to pay
off bills or move to a city with more job opportunities? Is it to eliminate high-interest credit card debt? All of these
are scenarios where it might make sense to consider an affordable personal loan.

What do we mean by affordable? True affordability is a factor of both the personal loan interest rate

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