We have a new tool ready for ya all, it’s fresh out of the oven. I didn’t bake it though, the code is based on a wp-plugin.

I’ve added a college savings calculator for anyone who’s interested in saving money for college. Below is a screen shot from the actual widget:

College-Calculator

As you can see, it’s rather simple and to the point.

How to use it

You simply fill in your initial investment, how much you intend to invest every month (or any other time period e.g years) and then finally how much of a return that you expect every month. There’s also an option for compounding percentage, leave this to be 100% if you wish to reinvest all of your profits.

That’s all folks, play around with it and see how it works out for you. Click here to start using it!