It takes about 15 minutes to find out if you can afford a new car, or, to see what life will be like if you quit your job and started the business you always wanted to do.
San Francisco, CA (PRWEB) August 30, 2012
Today http://www.Finacast.com announced the release of an online financial planning solution to help financially ‘un-savvy’ individuals understand their current and future financial health and make financial decisions that lead to more prosperous lives.
Financial planning is a complex and time consuming activity. Without easy access to financial advisors or planning tools, individuals often times end up making financial decisions that are not in their best interests. There are plethora of online tools and websites that promise to help individuals manage their money. These online budgeting and expense tracking tools fall short when it comes to helping individuals make a financial plan.
Finacast.com simplifies financial planning by letting individuals simulate their financial future with very little effort. It uses complex financial algorithms to assess individuals’ ability to take care of their needs, wants, debts and emergencies today and in future. It rates their overall financial health on a scale of zero to 10 and provides a forecast for debts, total savings and goals based on the current budget and provides specific advice that will help improve their financial future.
The Finacast financial planning platform lets users start planning with very little information and is capable of accommodating all planning variables such as tax implications of certain investments, debts and purchases, life priorities, inflation, future expenses and income and investment growth projections in its comprehensive simulations. Users can view their financial future under different scenarios by adding and/or changing their future income, goals and expenses and convert that into a plan that they can follow. Finacast provides users an option to link their bank accounts for easy reporting and tracking.
Finacast.com is a bay area start-up. Its mission is to use innovative technological solutions to help individuals make financial decisions that lead to more prosperous lives. Prior to Finacast.com, personal financial management applications only focused on bank accounts. While this makes for good bookkeeping and expense tracking, it reveals very little about financial health. That's why Finacast shifted the focus to cash-flow and personal profit and loss, leading to customized financial advice for life events like planning a wedding, having a baby, saving for college, deciding on credit card balance transfers and home loan refinance and making new purchases.
For more information: http://www.finacast.com
Contact: info (at) finacast (dot) com