Today amazon.com is offering a free “Debt Planner Payoff” app in their app store, as part of their “Free app a day” program.
There are a lot of other free money management tools out there to take advantage of in order to save money. I list some of them when I teach my “Personal Finance 101” classes, and will share some of them here.
Tools – Credit:
- Free Annual Credit Report – www.annualcreditreport.com (only one that is really free)
- Fico Score – www.myfico.com (free 30 day trial)
- Credit Karma – www.creditkarma.com (gives an estimated score based on your background)
Tools – Money Trackers:
- Mint.com – www.mint.com (the most recommended way to keep track of your money)
- Microsoft Money – While no longer being produced by Microsoft, this is by far my favorite program for keeping track of my money because it is simple and easy to use. Because of it’s discontinued development, they are offering it free to download
Tools – Debt Calculator:
- Federal Reserve Debt Calculator – Get an estimated time frame of when you will have a debt paid off by calculating the interest rate versus how much you are making in your regular payments. You’d be surprised at how long it will take to pay off certain debts by only making minimum payments.
Tools – Free Education:
- Academic Earth – www.academicearth.org (free online courses from top scholars)
- Apple iTunes Store – www.apple.com/education/itunes-u (it’s amazing how many free learning tools are up on the iTunes store or the iTunes University. Want to learn spanish? There’s a free podcast for that :))
- Open Courseware from MIT – ocw.mit.edu (MIT has opened up several basic courses for free online)
- Open Culture – www.openculture.com (free cultural and educational media on the web)