Credit Card Math

Contrary to what you might think, Credit Card Math is more of an educative application rather than a function-filled tool or program. Still, the attempt itself to create a one-stop-shop for credit card explanations and financial education is simply great. Not only will you become more knowledgeable, but you could actually use this app to teach others what how to deal with their money.

Right after launching the application, you'll understand the fact that this particular program is a hub before anything else. You can access eight particular lessons, each building on the previous one with more knowledge. Begin with an introduction in order to learn the various terms and definitions. Understand how credit cards work, what happens if you own more than one, what the difference is between a minimum and constant payment, or how to maximize the use of your money.

If you've had the chance o go through all the lessons and you'd like to tailor some accumulated knowledge to your own needs, try using the additional resources. Use the Minimum Payment Calculator for example. Check what that indicator would look like in your particular situation by adjusting the various sliders. Once your simulation is accurate, print it for later use. By far, the best resource is the 10-20-70 Budget diagram. You'll understand how to efficiently organize your salary without feeling the burden of saving or spending too much of it.

Credit Card Math is not your average application. In fact, taking into consideration the fact that it has to do with educating people about efficiently spending, saving, and using money, it should be helpful to each one of us. We could all use a bit of education in this area, especially since it will be to our advantage mostly.