Savings Calculator app review: helps you calculate what it will take to reach your savings goals

Introduction

What we have here is a very simple app for your iPhone and iPad that will help you to make some basic calculations in order to determine exactly what it’s going to take to reach your savings goals, enabling you to better streamline your finances and perhaps gain a little perspective in the process.

The best iPad apps for saving money

I think that this is a great idea for an app, and one that has been delivered in a very simplistic, no-frills fashion thanks to its rather generic interface design. There are a number of ways in which you can tailor the calculations to suit your needs and make it much easier to figure out what needs to be done savings-wise.

If you’re looking for an easy and effective way of being able to project your finances over the coming weeks, months, and even years to determine what you need to do to realistically save up the money you want, I think that this app is well worth spending a dollar on.

Easily Calculate Your Inflation Adjusted Savings

Savings Calculator - Retirement, College, Home, Car, & Vacation Goals has been developed for people who are trying to save up for a specific goal and want an easy way of figuring out what exactly is going to be required of them in terms of adjusting their spending habits.

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Some of the more basic information that you can input includes things like your starting balance, how much and how often you’re adding to it, what kind of interest rate is applied, if any, and how many years you’re planning on saving for.

 

Save and Load Your Savings Calculations

In addition to all of this, you can also factor in things like inflation in order to receive a total, inflation adjusted figure which reflects more or less exactly how much money you can expect to have saved up at the end of your chosen period of time.

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There is also a basic calculator that you can use to perform simple functions if necessary, and you can even save and load your calculations for quick and easy future reference.

 

Pros and Cons

Pros

• Helps you calculate what it will take to reach your savings goals
• Features a simple, no-frills interface design for easy use
• Specify your goals, starting balance, how much you plan to deposit, and how often
• Specify an inflation rate to receive an inflation adjusted figure for your total savings
• Save and load your calculations for quick and easy future reference

 

Cons                                                                    

• There is nothing negative to say about this app

 

Final Words

Savings Calculator - Retirement, College, Home, Car, & Vacation Goals is well worth downloading onto your iPhone and iPad if you’re dead serious about saving for a specific goal in the short-term or long-term.