We know that time has a value. Most of us still choose to ignore that and don’t watch where we spend time. MBA students have fun calculating time value of money for various courses. It’s fun to some extent. Beyond that, it’s a real headache. If you have a financial calculator, that would make life little easier. Otherwise, Microsoft Excel can save you lot of time and money.

Dr. Timothy R. Mayes has a neat site that has all the sexy tools to calculate the time value of money, bond valuation, loan amortization, etc., In most cases, you don’t need financial calculator. Excel alone would help you with most of the financial analysis.

Related Link: Daily Dose of Excel