Financial Life Planner
Hey all,
Have you wanted to plan your financial future?
This app helps you do that.
I started working on a it a few weeks ago and the current version is possibly buggy, but I wanted to show it and get your feedback on what you personally need.
Currently you can:
- Add assets and liabilities.
- Add current and future cash in/outflows such as salary, pension, rent, and others.
One reason why I started this project is to help me decide how risky my investment portfolio should be. If it is too risky, I can lose money and not meet my future financial obligations. If it is too safe, I am not earning as much as I can in the long term.
You can only decide how risky your portfolio should after considering all your financial details. That is why the first features of the app help you plan your general financial life.
The next features I will add to the tool are:
- Investment portfolio simulator where you see:
- How likely you are to meet your future financial goals/obligations.
- How much money you can expect to make from your investments.
- And thus you can decide how risky your investments should be.
- Whether it makes more financial sense to buy or rent a place to live in.
What do you think? What features do you personally need most?
It's incredible! a very useful application for investment management, I especially like the fact that you can determine your risk profile.
Now I am forming my portfolio of securities, I believe that each person should worry about his financial future himself and therefore I am investing in the stock market. I will recommend your app to my friends. I have several friends who invest in leveraged securities. It's hard to believe, but with the help of https://fitmymoney.com/500-dollar-loan/ they take a loan of $500 every month and invest in ETF on IDnex SP 500. They claim that the interest on the loan is lower than the benefit that they get, but in my opinion they can invest in other instruments and get more money, I think with the help of your application they can find new instruments for investment.
Can you show example data? I want to see how the result looks before I take my time entering all the numbers to see if it's worth it.
Adding this feature will take more time than I thought so I will put it on the backlog and will work on it in the future.
For now you could try adding items manually just to see how the app works.
Sure, let me work on that and I'll post a link here in a bit.