It may be out of talks with bankers, accountants and CPA were you thinking in a "financial loss" as his fingers danced on a financial calculator and the results reported.
You may also wish you could "crunch the numbers" to ensure the piece of mind for you or anyone taking advantage of you.
If any of these situations sound familiar, then you must learn to use a financial calculator.
There are some greatBooks and educational material out there, but you must begin with the computer itself.
You want something that can be computed efficiently, credit lines, mortgages, notes, loans and investments with ease - well, there are many to choose from.
The big question now is: "What?"
Most computers can handle financial functions, and some are much easier to use than others. Here are the top four is used in our industry. If you want to avoid the technical stuff, just go toEarth and discover what I personally use!
The HP12C
Clearly, the industry-leading HP12C the norm has been for all these years and real estate can still be found in banks of most investors'.
The HP12C is very powerful, but comes with some initial problems. You may have noticed a sign that does not have "equal". HP uses the Reverse Polish Notation is 1 +1 = 2 to 1 would be calculated [ENTER] 1 [+] (then you get the answer "2?). The problem is that if youI do not know how to use it, you may want to skip to the next model.
The last model is six times faster speeds for calculating TVM, loan payments, interest rates, the standard deviation, and much more. Work more efficiently with memory for up to 80 cash flows. Ideal for real estate, finance, accounting, workers and businesses. The HP 12C Platinum Financial Calculator is a classic!
The BA II Plus and TI HP10B
Perhaps the most basic of financial calculators, theHP10B (now HP10B-II) or the TI BA II Plus will get the job done.
Posted to provide competitive nature, both the basic needs of a financial calculator. Along with the standard functions of the time value of money, interest, depreciation, cost-sell-margin and depreciation, users can calculate more advanced business and financial matters.
If you are wondering what exactly is the "plus" was purchased in the TI BA II Plus model, you need to look very close (at firstonly additional things were found, characters). BAII Plus allows for different periods of interest payment periods. You can also calculate the bond yield and calls.
That said, the workhorse of the basic calculator, you can not go wrong with either the Texas Instruments BA II Plus Professional Financial Calculator or HP 10BII Financial Calculator.
Texas Instruments Financial Analyst
This is from the production machine is still a popular and useful for an eyeat the local flea market and eBay.
In addition to high speed, the Tifi a large screen, capable of up to four different calculations is the same (column A, B, C and D).
In addition, the Tifi easily recover the cash flow and give the right balance at a specific time.
So what I personally use calculators?
Now my wife always packs while I HP12C Titi (yes a house divided) prefer. As educational workshops that we normally energizedHP10B direction thanks to the accessibility and ease of use for new learners.
No matter what computer you choose, the time to learn the computer is definitely worth it! From now on will save time and money, but perhaps more importantly, better control cash flow.
