Independent Financial Adviser in Colchester, Essex - Woodruff Financial Planning

Independent Financial Adviser in Colchester, Essex

Invest in your debt!

Before you invest your money, we would always recommend that you pay off debts first. Use this calculator to see how making extra payments to your outstanding loans or credit cards could net you a tax free return of 10%!

Debt Investment Calculator
Before you go throwing money at the stock market, check to make sure you can't earn a higher rate of return simply by investing in your own debt! For example, if you have a credit card balance that's costing you 19% per year, and you increase your payment, you will get a guaranteed 19% return on your investment. What's more, your earnings will be tax-free! So use this Calculator to see how much you could be earning if you increased your payment on any one of your debts. Instructions: Enter the current payment terms for any one of your outstanding debts, then enter an amount you could comfortably add to the payment. Finally, click on "Compute" to see what the return on your investment will be.
Principal Balance Owed	Annual Interest Rate	Current Monthly Payment	Additional Monthly Payment	Interest Savings	Annual Return on Investment

--- Write: Suite 43, The Colchester Centre, Hawkins Road , Colchester, Essex, CO2 8JX --- Phone: 01206 266882 --- Email: click here ---
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Dan Woodruff, trading as Woodruff Financial Planning, is an Independent Financial Adviser with Julian Harris Financial Consultants who are Independent Financial Advisers authorised and regulated by the Financial Services Authority No. 153566.
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