About Our Site
According to a survey by the Federal Reserve 40% of American adults claimed they would have to sell something, borrow money, or not be able to pay an unexpeded $400 expense.
This site was designed to show the power of compound interest & help offer consumers practical personal finance advice.
“Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.” — Albert Einsten
User privacy is protected across our site by using a secured certificate. We do not sell user data to third parties.
This site does not currently have any commercial relationships with ad networks.
In the past it was a partner of MyFinance, which enabled us to share current savings rates & CD rates with our users. In some cases current local rate tables may have shown exclusively free listings while in other cases rate tables may consist of exclusively paid listings or a mix of the two categories. We did not have editorial control over the content of rate tables. When users interacted with rate tables MyFinance may receive compensation from advertisers. MyFinance, in turn, shared a portion of that income with our site. The relationship with MyFinance went away after the Federal Reserve pinned interest rates to the floor as the COVID-19 crisis spread.
We haven't bothered working with other ad networks since due to the sustained low interest rates & not wanting to run regular display ads on the site.
If you have any feedback or suggestions on how to improve our site please contact us. Our email appears in the green footer section of the site. Please scroll over the email & click on it to see the actual address, as the default displayed address is designed to catch spam bots.
As Seen In
Over the years many thousands of people have visited this website.
We have been referenced by hundreds of websites across the web including the following:
Financial Serivce Providers
Blogs & Community Resources
Our site is still relatively small when compared against the vastness of the web. We plan to regularly add new calculators to the site, though we are doing it slowly to ensure each calculator is best in class on the web before we launch it.
Our sitemap is located below & if you have requests for specific types of calculators, please ask as we use reader feedback to prioritize the roll out of new calculators across this site.
Savings Calculator Site Map
Bank Savings Account Calculators
- Savings Calculator - the core calculator on the homepage of our site which offers many features including periodic deposits or withdrawals, inflation & income tax adjustments, and a printable savings growth chart.
- Savings Goals - see how long it will take you to reach your savings goals or how much you will need to save each month to reach your savings goal by a set date.
- Daily Transactions - calculate daily compounded interest with regular weekly deposits or withdrawals.
- Weekly Transactions - calculate weekly compounded interest with regular weekly deposits or withdrawals.
- Biweekly Transactions - calculate weekly compounded interest with regular weekly deposits or withdrawals.
- Monthly Transactions - calculate monthly compounded interest with regular monthly deposits or withdrawals.
- Yearly Transactions - calculate monthly compounded interest with regular annual deposits or withdrawals.
- Single Deposit - track the interest earned on a single deposit compounding daily, weekly, monthly, quarterly, or annually.
- APR to APY Calculator - convert the annual percentage rate of interest into the effective annual percentage yield based upon compounding frequency.
- Certificates of Deposit - see the APY and after-tax savings for CD investments.
- Education Savings - plan for your child's college tuition & other educational expenses.
- Retirement Planning - safe for your retirement
- IRA to Roth IRA Conversion - estimate which individual retirement account option is better.
I very frequently get the question:
'What's going to change in the next 10 years?' And that is a very interesting question; it's a very common one. I almost never get the question: 'What's not going to change in the next 10 years?' And I submit to you that that second question is actually the more important of the two — because you can build a business strategy around the things that are stable in time. … [I]n our retail business, we know that customers want low prices, and I know that's going to be true 10 years from now. They want fast delivery; they want vast selection. It's impossible to imagine a future 10 years from now where a customer comes up and says, 'Jeff I love Amazon; I just wish the prices were a little higher,' [or] 'I love Amazon; I just wish you'd deliver a little more slowly.' Impossible. And so the effort we put into those things, spinning those things up, we know the energy we put into it today will still be paying off dividends for our customers 10 years from now. When you have something that you know is true, even over the long term, you can afford to put a lot of energy into it." - Jeff Bezos
Every investment you make comes with a substantial risk of loss of principal or purchasing power. The safest investment you can make is investing in yourself.
If you let others manage your investments, the single biggest factor you can control is your investment-related expenses, as they have a big impact on compounding.