In these turbulent economic times, getting financial education is more important than ever
Toronto, Canada (PRWEB) June 2, 2008
CanadaBanks.net, today announces the release of a series of free financial calculators, a timely addition to a continuing line of free, online financial education resources for Canadian consumers.
What interest rate should you pay and what interest can you expect from savings? Wish you knew, huh? With the introduction of a series of free financial calculators from Canada Banks.net, Canadian consumers no longer need to make a wish to figure out their financial standings.
Three easy-to-use and free financial calculators from CanadaBanks.net, make it easy for the average citizen to estimate monthly mortgage payments, loan payments, and determine the length of time it takes to pay off credit card debt, before signing on the dotted line. A fourth free calculator computes the future value of savings.
"In these turbulent economic times, getting financial education is more important than ever," asserts Art Branch CFO Peter Todorov. "Understanding how financial systems, debt, credit and investing work is crucial for the financial well being of most people."
Todorov, the developer of CanadaBanks.net, a division of Art Branch Inc., created this online resource to help Canadian consumers better understand the cost of debt and help them make informed financial decisions. The addition of the free financial calculators is another step towards his goal of helping website visitors determine the real costs of borrowing and the real values of their investments.
Along with the calculators, CanadaBanks.net publishes a variety of financial educational articles including topics such as Canadian loans, Canadian credit cards, Canadian banking, and a Canadian Mortgage Guide. Articles are short, to-the-point, written for easy reading, understanding, and best of all, available free online.
CanadaBanks.net is dedicated to providing free financial education for Canadians to help consumers understand debt, make smart borrowing choices, calculate debt costs and live debt-free. Find a full list of free articles and applications at http://www.CanadaBanks.net.
About Art Branch:
The parent company of CanadaBanks.net, Art Branch Inc. is located in Toronto, Ontario and is the publisher of a collection of online resources especially focused towards helping the Canadian consumer. Other Art Branch financial publications include the Canadian Loan Directory, Canadian Credit Card Reviews, and Financial Terms Canada.
Additional information and a list of the company's publications are located at http://www.ArtBranch.com.