There are an increasing number of finance apps available to help retail investors manage their personal finances.
There are also a range of more practical online financial planning calculators designed to help consumers plan household budgets, manage their fuel use more efficiently and work out repayments on loans and mortgages.
I have selected a number of these financial planning calculators for your information:
Household budget planner
A household budget planner will help you calculate and plan your day to day income and expenditure.
Fuel economy calculator
A fuel economy calculator which helps you work out the travel cost of journeys by car etc
Income tax calculator
An income tax calculator for PAYE employees which allows you to check whether you are paying the right amount of income tax on your salary.
Pension contribution calculator
An online pension contribution calculator which allows you to see how much tax relief you could receive when making a pension contribution.
Pension fund calculator
A pension fund calculator which allows you to work out how much your pension fund is likely to be at retirement.
Income drawdown calculator
For anyone cashing in their pension fund, this income drawdown calculator allows you to work out your estimated retirement income.
Mortgage repayment calculator
A mortgage calculator which shows the cost per month and the total cost over the life of the mortgage, including fees & interest.
Loan repayment calculator
A loan calculator which shows you how much a personal loan is going to cost each month over the term of the loan.
Inheritance tax calculator
An inheritance tax calculator which works out whether your estate would be subject to inheritance tax if you were to die today.
Money management Apps
In addition to these online financial planning calculators, there are a number of money management Apps targeted at consumers who want access to better financial management tools.
To find out more about these Apps, please click here.
