Is it more efficient to finance your purchases with cash? Thanks to the Borrowing Strategy calculator, we can find out exactly how to optimize your financing strategies. First, let’s look out over 30 years. There are no present value dollars, and we’ll contribute $10,000 a year. What we see over
TLDR: The Automobile Purchases Calculator in Truth Concepts™ software helps clients grasp financial concepts like opportunity cost and leveraging “other people’s money.” Using hypothetical examples, you can illustrate how car purchases every 4 years can drastically erode wealth due to inflation, interest, and missed savings growth (opportunity cost). For instance,
So let’s look at something a little different here, and let’s go to the borrowing strategy, here if we take the borrowing strategy and let’s look out over 30 years, no present value dollars, let’s put in 10,000 dollar a year. Okay, so what we see over this time is
This Todd Langford going over the Truth Concepts calculator called the borrowing strategy. What we are going to be showing today is the power of having the client pay themselves, just like they would the bank. We’ll use a car loan as an example that is borrowed against the
Financial Calculators Tutorial by Norman Baker: Here is a short tutorial on the financial calculators in Truth Concepts. Future Value, Present Value, Payment, Interest Rate and Time Period Calculator. I can size the calculator by moving my cursor to the edge bottom or side and stretching. I can make it