(PRWEB) July 12, 2013
acalculator.com, a financial help website that was recently launched with a mission to offer free of cost financial tools, has introduced a new tool designed to help users manage and track their savings. The Savings Distribution Calculator is one of the 300 calculators featured on the website. In order to allow more users to benefit from the newly added tool, the website experts have also shared their expert opinion and advice through a recently published blog on the website.
According to the spokesperson, the website is aided by a team of financial experts with experience in various financial areas including taxes, mortgages, savings and investment. The spokesperson also stated that the experts strive to share current and resourceful information through the blog section. Sharing some highlights from the recently published blog about the Savings Distribution calculator, the spokesperson said, “Our experts realize that many people would be unable to tell whether they would need the newly added tool or not. Through the blog, our experts try to explain why a saving distribution calculator is needed, how it can be used and how it will help them keep track of their finances in the most efficient manner.”
acalculator.com expert explains through the blog that the savings distribution calculator is most helpful for people who might have multiple accounts. It is designed to keep a track of savings after the user has made a series of withdrawals from his/her account. The tool also allows input of compounding interest that includes the earning of user's current investment along with the previous interest.
Further elaborating on the Savings Distribution calculator, the experts have also highlighted the factors that can actually affect the savings. “Factors such as the type of mortgage you are investing in can greatly impact the savings,” the spokesperson added.
The Saving Distribution Calculator is not the only new tool added to the list. Recently, the website has a Biweekly calculator and a Certificate of Deposit calculator. “We strive to keep adding new tools depending on the current financial issues faced by the majority,” he added. The website already features more than 300 calculators for the US, Canada and Australia users. The spokesperson also hinted about the company's plan to expand the website’s outreach to more locations.
All the calculators, including the Savings Distribution calculator, can be found and used on http://www.acalculator.com
acalculator.com is a newly launched website that offers budgeting and financial calculation tools for free. It was created by a panel of experts with experience in various areas of finance. The website currently features 300 different calculators ranging from mortgage calculator to long term care calculator. 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.