I’ve become better at predicting the future or should I say, plotting out what might happen based on a choice I’ve made. I’ve developed this through trial and error. Thankfully, many of my poor choices occurred when I was young and I had time to repair them. That’s not the case for an old friend. He knowingly made one terrible choice many years ago and has been paying for it ever since.

Yet, there’s a free tool available online called Planwise. It’s a free online personal finance decision tool that allows you to input your expenses and income and set goals for yourself, such as pay down debt, buy a house, or take on a major expense. It also predicts your progress on paying off debt and potential affect of saving the remainder of your income through bar and line graphs.