Latest posts
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The Effect of Inflation on Savings, Shown With Real Numbers
The Effect of Inflation on Savings, Shown With Real Numbers The effect of inflation on savings is that cash sitting in a low interest account loses buying power every year, even while the account balance itself keeps growing. Ten thousand dollars earning 0.5 percent interest in a savings account, under an average 3 percent inflation…
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SIP Step Up Calculator Strategy for Yearly Increases
SIP Step Up Calculator Strategy for Yearly Increases A sip step up calculator strategy means raising your monthly SIP contribution by a fixed percentage every year instead of keeping it flat forever. Even a modest raise, such as 10 percent annually, compounds into a final corpus far larger than the yearly increase itself would suggest,…
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Why Crypto Prices Differ Between Exchanges?
Why Crypto Prices Differ Between Exchanges? Crypto prices differ between exchanges because each platform runs its own separate order book, so the price you see is really just the latest trade or best available quote on that specific exchange, not a single global price. Three factors drive most of the gap: the bid ask spread…
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Why SIP Returns Differ From App Projections
Why SIP Returns Differ From App Projections Why SIP returns differ from what your mutual fund app shows comes down to one core fact: a SIP calculator assumes a flat average annual return applied smoothly over time, while your fund app calculates XIRR using the actual NAV on every single investment date. Both numbers are…
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Loan Overpayment Savings Calculator: Extra $100 a Month
Loan Overpayment Savings Calculator: Extra $100 a Month Take a $300,000 loan at 6.5 percent over 30 years. The standard payment runs about $1,896 a month, and paid on schedule it costs roughly $382,600 in total interest over the full term. Add just $100 a month on top of that payment, directed at principal, and…