If personal financial planning is something that you have been thinking about, then this blog post is for you. I am going to give you some of the best personal finance tools available on the internet today. These tools will help teach you how to better manage your finances and get your money in order. Personal finance can be a difficult subject to tackle on your own. That’s why I recommend using these great personal financial planning tools!
I stumbled on this list on Forbes and tried these tools myself. They are amazing for the following reasons.
1. Mint.com
Mint is a personal finance website that helps you track your spending, budget, and set financial goals. It’s one of the most popular personal finance tools on the internet. Mint also offers an app for iPhone and Android devices.
Signing up for Mint is free and easy. You just need to provide some basic information about yourself, such as your name, address, and Social Security number. Mint will then connect to your bank account(s) and credit card accounts to track all of your spending activity.
Mint offers a variety of features that can help you get your finances in order. For example, the “budget” feature allows you to create a monthly budget for personal spending or monthly bills. You can create a budget for any period (weekly, bi-weekly, monthly). Mint will show you how much money you have left to spend during that specific time frame and what your total expenses are.
Mint also offers “goals” which allow you to save towards something like an Emergency Fund or a new car. You can choose from a variety of goals, such as “save for a rainy day” or “buy a new car.” Mint will help you create a budget and set deadlines to achieve your goal.
2. Learnvest
Learnvest is another personal finance website that offers a variety of tools to help you get your finances in order. Learnvest offers both free and paid services. The “free” service includes access to articles, videos, and other resources about personal finance. The “paid” service includes more detailed information about personal financial planning, as well as access to a personal financial planner.
Like Mint, Learnvest connects to your bank and credit card accounts to track your spending activity. Learnvest also offers a variety of features to help you get your finances in order. For example, the “budget” feature allows you to create a budget for any period and see how much money you have left to spend. The “planner” feature helps you create a personal financial plan and set goals for the future.
Learnvest also offers a variety of courses about personal finance. You can take these courses online or in person. These courses will teach you topics such as budgeting, saving for retirement, and investing.
3. The Simple Dollar
The Simple Dollar is a personal finance website that offers articles, courses, and tools to help you get your finances in order. The “free” service includes access to hundreds of personal financial planning articles from their finance blog. You can also enroll in one or more personal finance courses for free on the site as well. These courses will teach you about personal finance topics such as “how to create a personal budget,” or “ways to save for retirement.”
The Simple Dollar also offers tools that can help you get your finances in order. One tool is their personal net worth calculator, which helps you add up all of your assets (cash and savings, home value) and subtract all of your debt (credit card debt, student loans) to get a personal net worth.
Another tool is their free checking account finder, which helps you compare different bank accounts and decide on the best fit for your financial situation. You can use this tool to compare online savings accounts with high-interest rates or local banks near you that offer free checking accounts.
The Simple Dollar also offers a personal finance course for “advanced” users. This course is designed to help you manage your personal finances in more detail, such as creating a budget for long-term savings or investing in stocks and bonds.
4. Stacking Benjamins Podcast
Stacking Benjamins is a personal finance podcast that covers many personal financial planning topics, such as budgeting and saving for retirement. They offer over 200 episodes to listen to on their website or through an app called “Pocket Casts.” The show has been around since 2010.
One episode of the Stacking Benjamins Podcast talks about personal finance and personal net worth. The host talks about how personal net worth is defined as “all of your assets, minus all of your liabilities.” Assets include money in the bank and investments such as stocks or bonds. Liabilities refer to everything that you owe someone else: credit card debt, student loans, etc.
The Stacking Benjamins Podcast also has a personal finance course that you can purchase. The course includes access to all of their personal finance articles, as well as video tutorials and other resources.
5. The Tim Ferriss Show Podcast
The Tim Ferriss Show Podcast is a personal development podcast that covers many different topics, including personal finance. The show has been around since 2009 and has over 400 episodes to listen to.
Tim Ferriss is a renowned speaker about self-development. He is the author of four books, including “The Four-Hour Work Week.”
In one episode of The Tim Ferriss Show Podcast, he interviews Ramit Sethi about personal finance. Ramit Sethi is the founder of I Will Teach You to Be Rich, a personal finance website and course.
Ramit Sethi discusses personal net worth in this episode. He says personal net worth is defined as “all of your assets, minus all of your liabilities.”
Ramit Sethi also talks about cash flow in personal finance and how it relates to personal net worth. Cash flow refers to the money that you take home each month after taxes are taken out (wages or salary). This number should be larger than your personal net worth, which is the total value of all of your assets (cash and investments) minus all of your liabilities (credit card debt, student loans, etc.).
The Tim Ferriss Show Podcast also offers a personal finance course for purchase. The course includes access to all of their personal finance articles, as well as personal coaching and video tutorials.
So you’ve read through all of this and now have a better understanding of how to make the most out of your money. You may not be an expert, but it feels like one! The key takeaway is that personal finance can seem complex at first glance, but when broken down into steps with simple tools, anyone can do it! Now go forth to conquer your finances in 2022 – or any other year for that matter. And don’t forget to check out my other articles on Personal Finance and Cryptocurrencies.
