Home Budgeting Calculator Revised for Canadian Users

In light of recent economic shift in the country, aCalculator.com updated a number of financial calculators for Canadians.

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(PRWEB) January 22, 2014

Home budgeting calculator on aCalculator.com has recently gone through updates according to the current economic conditions of the country. The website, launched earlier this year, promised to keep its tools up to date. The second phase of updates and additions started earlier this month during which nearly almost one hundred calculators were updated and several new ones were added.

Explaining why changes were required for a calculator used for budgeting, the spokesperson for aCalculator.com said, “Canadian economy is very fast paced. When we launched the website, there were a lot of uncertainties and people were skeptical about the economic conditions. Today, the situation is much more stable. The GDP went up 1.8 points in this quarter, largely due to the growing energy sector. Still, we want people to be frugal; we realized there are a few positive changes that will help them loosen their hand without going overboard.”

The new calculator is largely improved due to the addition of multiple income streams and expenses that include a breakdown of utilities and groceries. Several other changes are made to ensure the ease of use for the users. The usage method, according to the spokesperson, is simple and easy, and designed for everyone regardless of age and education. The simple input values include user’s total income, spouse’s income, misc income (if any), mortgages, debt, utility, groceries, and other expense.

The result can be seen in two different ways that include a chart and a graph. The two graphs depict the user’s income breakdown and monthly expenses of the user. The charts depict the net monthly income and total monthly expenses of the household. And finally, there is another pie graph that presents a breakdown of the user’s annual gross income. “We tried to keep the results as detailed yet simple as possible. It will make it easy to understand for everyone, even people who are not very comfortable with numbers and data,” the spokesperson added.

Speaking of the calculators for Canadian users, the spokesperson also highlighted some of the newly added tools in the category. He encouraged Canadian users to utilize these tools, especially the mortgage calculators in order to make better financial decisions. All of the tools and calculators available on the website are completely free unless the users opt for customized versions. This White Label service is available for a minor subscription fee. Learn more about recent updates and additions to the website tools on http://www.acalculator.com.

About aCalculator.com
aCalculator.com is a leading financial help website that offers budgeting and financial calculation tools for free. The website currently features 300 different calculators ranging from mortgage calculators to long term care calculators. The website caters to users from USA, Canada, and Australia by providing them essential tools to help them plan their financial future. To contact them, please use the following details:

Contact Details 
Web: http://www.acalculator.com 
Contact Number: (800) 333-0888