It will grow quickly as is shown in Table 1. How much you can save will always be a battle between current wants and future needs. By putting money into savings every time you get paid, you increase your chances of success. There are a variety of tools available to help you determine answers to your saving questions such as length of time and amount of money necessary to reach a specific savings goal. One tool that can be especially helpful is a financial calculator.
Financial calculators do much more than just add, subtract, multiply and divide.
Special keys on the calculator give you access to these functions. The guidebook explains how to use the calculator and includes real-life examples. No memorizing of complicated formulas is necessary. You just plug in numbers particular to your situation to arrive at answers that help you make informed decisions about financial matters. The software programs come with user's guides that lead you through examples in a manner similar to the financial calculator guidebooks.