Profit Wealth

Profit Wealth - Your Personal Financial Calculator

You DON'T HAVE to be an accountant or a personal financial advisor to make prudent financial decisions now.

With Profit Wealth, making financial decisions such as buying a car, a house, a dress (you do not need) is easy if you have access to the right financial calculators.

Understanding how to manage finances is fundamental to helping individuals achieve long-term goals like retirement, savings, paying off loans/credit card debt.

Profit Wealth helps individuals initiate a savings plan, manage debt and and plan for their financial future.

To avoid making poor financial decisions, becoming a victim of fraud, spending too much money or becoming suddenly caught in a serious financial crunch. Understanding how to manage money enables people to know how to get help before that happens.

Profit Wealth is a financial software which provides users with a personal financial lifestyle assessment. Use it today!

Businessman / Entrepreneurs

Do you want to know how to grade your business? Use the Profit Wealth ratio analysis to find out your business strength and weaknesses.

Why do a ratio analysis?
Financial ratio analysis is the calculation and comparison of ratios which are derived from the information in a company's financial statements. The level and historical trends of these ratios can be used to make inferences about a company's financial condition, its operations and attractiveness as an investment.

Features

Saving plans
- How long will you get there?
- How much to save?
- Time value of money
- Opportunity costs
- CPF - Is it enough?

Getting out of debt
- How long before you get out?
- Setting your desired goal
- How much are you paying in interest?

Buying a car
- Should you buy a car (in $ terms)?

Are you prepared?
- Retirement
- Loss of income
- Coverage

What's your worth?
- Balance sheet
- Cash flow statement

A Few Features of Profit Wealth

Cash flow management

Screenshot 1: Manage your Cashflow, using our online tool

This involves assessing your current net financial net worth (what you own minus what you owe). This will generally tell you whether you are on your way to financial freedom… or financial disaster.

Savings plan

Screenshot 2: ProfitWealth is a personal calculator that will allow users to track how much they should save each month; how long they will take to reach their desired savings amount.

Once you have determined the amount of money you would like to save, you should consider where to put your savings with the aim of receiving a higher return than your usual savings account. Forget the 2% p.a. interests for saving. You need something more sophisticated than that! An investment strategy has to be mapped out so that you will have greater success in meeting your desired financial goals.

Insurance planning

Screenshot 3: Users can also find out how much insurance coverage they must have; how much they would need to settle down for a comfortable life after retirement

Insurance planning is required to in ensure that all your assets are protected and that your family members are well shielded by having sufficient insurance coverage.

Retirement planning

Screenshot 4: Users can also know how long their retirement funds would be sufficient

You are not going to work your whole life, are you? When old age symptoms start to kick in or you have reached the mandatory retirement age, you will need to retire. Hence, having a retirement plan regardless of your age is essential!