Don't just calculate. Understand.
Expert guides to help you build wealth, kill debt, and save tax.
Financial freedom isn't about how much you earn; it's about how well you manage what you keep. At CalcTools, we believe in a three-pronged approach: 1. Wealth Creation (making your money work for you), 2. Debt Management (avoiding the interest trap), and 3. Tax Efficiency (legally keeping more of your income). Browse our curated guides below to master each pillar.
Why Investing Matters: Keeping money in a savings account is a guaranteed way to lose wealth due to inflation (which averages 6% in India). To grow real wealth, you must beat inflation. This section covers Mutual Funds, SIPs, and the magic of Compound Interest. Learn how disciplined investing can turn small monthly savings into Crores over 20 years.
Should you invest all at once or monthly? We analyze 10 years of market data to find the winner.
Read Guide →Einstein called it the 8th wonder. See how starting 5 years early can double your retirement corpus.
Read Guide →Confused by Equity, Debt, and Hybrid? We simplify mutual funds for the first-time investor.
Read Guide →Learn how to allocate your salary into Needs, Wants, and Savings to build wealth without sacrificing your lifestyle.
Read Guide →Tax Avoidance vs. Evasion: Tax evasion is illegal; tax avoidance is smart planning. The Indian government offers numerous sections (80C, 80D, 24b) to help you lower your tax liability legally. However, with the introduction of the New Tax Regime, the rules of the game have changed. This section decodes the complex jargon of the Income Tax Act so you can maximize your in-hand salary.
The confusion ends here. A detailed breakdown of tax slabs and who benefits from which regime in FY 2025-26.
Read Guide →PPF vs ELSS vs LIC? How to maximize your 80C deduction and save ₹46,800 in taxes every year.
Read Guide →Exhausted 80C? Explore NPS, Health Insurance (80D), and Home Loans (24b) to reduce tax liability further.
Read Guide →Good Debt vs. Bad Debt: Not all loans are bad. A Home Loan builds an appreciating asset (Good Debt), while a Credit Card EMI for a vacation destroys wealth (Bad Debt). The key to managing debt is understanding Amortization—how banks front-load interest payments. Use these guides to learn how to prepay loans strategically and become debt-free years earlier.
Is it better to invest or prepay your home loan? The math behind saving lakhs in interest payments.
Read Guide →Why choosing a 30-year loan doubles your interest cost. How to find the sweet spot for your EMI.
Read Guide →How to improve your credit score from 650 to 800+ and negotiate better interest rates with banks.
Read Guide →A popular budgeting rule: 50% of income for Needs (Rent, Food), 30% for Wants (Entertainment), and 20% strictly for Savings & Investments.
Mutual funds are subject to market risks, but they are regulated by SEBI. Over the long term (10+ years), diversified equity funds have historically delivered inflation-beating returns (12-14%).
Financial advisors recommend keeping 6 to 12 months' worth of living expenses in a liquid asset like a Savings Account or Fixed Deposit to handle job loss or medical emergencies.
Tax Compliance
Income Tax Department (India) ↗Mutual Fund Regulations
Securities & Exchange Board (SEBI) ↗Provident Fund & Pension
EPFO Official Portal ↗*CalcTools highly recommends cross-verifying all calculated data with the above primary government portals.