Question 1

Is MindMyMoney free to use?

Accepted Answer

Yes, all 17 calculators on MindMyMoney are completely free. No sign-up, no credit card, no premium tier — ever.

Question 2

Does MindMyMoney store my financial data?

Accepted Answer

No. All calculations happen entirely in your browser. Your data is never sent to any server, stored, or shared with anyone.

Question 3

What is a FIRE calculator?

Accepted Answer

A FIRE (Financial Independence, Retire Early) calculator helps you determine how much money you need to save to retire early and live off investment returns. MindMyMoney's FIRE calculator lets you adjust your savings rate, expected returns, and annual expenses to find your target number.

Question 4

Should I pay off debt or invest?

Accepted Answer

It depends on your interest rate vs. expected market returns. MindMyMoney's Loan vs S&P 500 calculator compares both paths with your actual numbers so you can make an informed decision.

Question 5

What is the debt avalanche vs snowball method?

Accepted Answer

The debt avalanche pays off the highest-interest debt first (saves the most money). The debt snowball pays off the smallest balance first (provides quicker motivational wins). MindMyMoney's Debt Battle calculator shows you the exact cost difference for your specific debts.