Believe me…Excel is one of the most powerful softwares you can get your hands on. But that’s only if you really understand what excel is capable of doing. I personally believe that God is hidden in one of the obscure cells of Excel. 😉
So with a tool so potent, you ought to respect someone who is really good in excel. And if he is a physicist from IIT, then you have no option but to listen to him. Even if that physicist is talking about your financial life!!
I am talking about Prof Pattabiraman and his extremely useful site FreeFinCal.
I once created a calculator for myself. And just for research sake, was checking internet for something similar. And that’s when I found Prof’s site and the calculator. I then decided not to re-invent the wheel. 🙂
As of now, I can safely point you all to Prof’s site for your needs related to personal finance calculators. And did I mention that all calculators are FREE?