Saving money ought to always be simple. Unfortunately, it’s almost always a complex affair that involves tedious projections, realistic breakdowns, and undesirable albeit necessary sacrifices. With that said, there are ways to make the process easier on yourself. Specifically, look to free online calculators. Such tools provide you with an instant way to take a hard look at the raw numbers regarding your current financial situation, what can be done to make it better, and how to avoid making it worse.

Here are several online calculators every household ought to have bookmarked.

IRS Withholding Calculator

A nice fat refund come springtime is always nice, but there’s no guarantee you’ll be getting everything you deserve back. To make sure you’re deducting enough every month for taxes without making the mistake of setting more aside than you need to, use this withholding calculator provided by the Internal Revenue Service.

Refrigerator Retirement Savings Calculator

Unless your home’s climate is as chilling as an Airdrie storage facility even in the dead of summer, chances are that your fridge is responsible for one-sixth of all energy used. To see if you could stand to save some money by swapping your ancient model for a more energy efficient update, use this Energy Star refrigerator retirement calculator.

Cost-of-Smoking Calculator

If someone in your house is a smoker, then they need to be reminded of the financial toll their bad habit takes in addition to the health risks it presents. A cost-of-smoking calculator can quantify the annual expense of smoking cigarettes instantly by multiplying the individual’s pack-per-day tendency and factoring in the price.

Credit Card Repayment Calculator

Making the minimum credit card payment every month may seem like a smart idea to avoid late fees, but it doesn’t do much good if you’re allowing yourself to pay thousands in interest by doing so. Use a credit card payment calculator to figure out the highest monthly payment you can make that will result in the least amount of interest paid over time.

Home Energy Saver

There’s far more you can do around the house to save on energy besides buy a new refrigerator. Use the Home Energy Saver to learn about any and all steps you can take to reduce energy waste around the house and improve your sustainability. As one user quoted on the home page points out, “It is one government service that makes paying taxes worthwhile.”

Very few aspects of saving money are simple. It mostly involves tough decisions, stubborn insistence, and financial planning. But through the use of free online calculators, you can help make the process a little easier, not to mention more effective.

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