This page, like the page it is patterned after (Tools on MYMoney.gov) can help you locate and use resources, helpful for making financial decisions, resources like online calculators, budget worksheets, planning checklists and more . As additional tools are found that fit the financial needs of our members, the list will be modified. So check back from time to time to see what’s here. The listed tools are listed under categories, currently they are Personal Financial Management, Online Calculators, Budgeting, and Planning checklists. Be sure to visit the Tools page on MyMoney.gov to see the resources available there.
Personal Financial Management Tools
- MoneyDesktop (free to Tri-Town Teachers Credit Union members)
- 31 Steps to a Financial Tuneup (New York Times) A customizable checklist to guide your own financial tuneup, providing tips, the time needed to achieve them and links to additional resources.
- IRS Withholding Calculator
- Connecticut Income Tax Withholding Requirements for Connecticut Employees
- Federal Reserve’s Credit Card Repayment Calculator
- Debt Pay Off Calculator
- SEC Compound Interest Calculator
- Education Loan Repayment Plans and Calculators (U.S. Dept. of Education)
- Savings Bonds, Future Value Calculators (U.S. TreasuryDirect)
- Social Security Retirement Benefits Planner (U.S. Social Security Website)
- Savings Calculator
Is It Better to Buy or Rent? (New York Times)
- The 1% More Savings Calculator (New York Times)
College Cost Calculator (New York Times)
Budget Worksheets & Related Guides
- Savings fitness: (Dept. of Labor)A guide to Your Money and Your Financial Future
- Tri-Town Teachers Credit Union Monthly Budget Worksheet
- Sample Daily Spending Diary Worksheet (FDIC)
- Money Matters (FDIC) A guide to money management with basic sound advice and sample worksheet forms.
- College Preparation (U.S. Dept. of Education) Use the Checklist to find tips for students and parents on preparing academically and financially for college. This “to do” list provides information for elementary, junior high or middle, and high school students, as well as adults.
- Prepare your finances for emergencies (Consumer Financial Protection Bureau) A guide for preparing ahead of time how to protect valuable and critical financial information.
- What You Should Know About Home Equity Lines of Credit (Federal Reserve Board) If you are in the market for a loan or credit, a home equity plan is one of several options that might be right for you. This website provides details about home equity loans and gives tips for shopping for this form of loan.
- Consumer Handbook to Adjustable Rate Mortgages (Federal Reserve Board) This website give us an overview of Adjustable Rate Mortgages, explains how ARMs work, and discusses some of the issues you might face as a borrower. It features a Mortgage Checklist to help with your decision.