As a tech-savvy college grad, you want the convenience of managing your money on the go but don’t want to pay a fee to do so. The good news? You can save money and manage your finances for free using Google.
The following six Google personal finance tools will help student loan borrowers manage their money better.
Google Drive offers digital storage for anything from family photos to your student loan records — but it also gives you access to a vast library of spreadsheet templates that other people have created. With the free template galleries, you can get access to spreadsheets related to family planning, budgeting, wedding expenses, invoicing clients and more.
There’s a wide variety of docs, spreadsheets, and presentations that already have pre-populated templates for you to use. A certain spreadsheet could help you determine whether you should borrow federal and private student loans, for example.
As you find different templates you like and use often, you can save them to your own personal library of templates to access at a later date. To make it even more convenient, there’s a free Chrome extension called Drive Template Gallery so you can create and view various templates at a glance.
Just remember that Google doesn’t have a monopoly on helpful templates. Student Loan Hero interviewed one borrower who repaid student loan debt, thanks, in part, to downloading a loan amortization schedule template from Microsoft.
If you want to keep up with the stock market and your personal investments, the Google Finance stock market tracker is just what you’re looking for. This tool provides the most up-to-date stock market trends in real time, so you can keep tabs on the finance world.
Start by creating a mock portfolio within Google Finance and insert the stock symbol for the investments you own or want to monitor. Then the Finance tracker will populate relative information to your investment. You’ll be able to track the stock’s last price, market cap, that day’s gain or loss and see a graph of your investment’s values over time.
Check out local and international market tabs to stay apprised of every stock under the sun. You can also stay updated on the latest news and happenings with the Market Summary section, or use the site’s patented search bar to find the latest on trends that matter most to you.
Of course, this tool is more or less one-size-fits-all. For a detailed breakdown of your unique portfolio, try one of the best budget apps that includes wealth management features.
Another great tool inside Google is a simple savings calculator template you can use with your own figures. This free tool will produce a yearly summary of your savings, scheduled deposits and extra annual contributions — and integrate all of that into a graph so you can view your balance over time.
Just click the “Use this template” button at the top of the page and input your personal savings numbers. This can apply to investments, general savings accounts or other types of savings calculations you need to perform.
For example, when I input my own figures into the savings calculator, it shows that I will have invested $84,000 in the next 35 years and will earn $138,020.81 in interest.
To save a couple of clicks, try out Student Loan Hero’s simple savings calculator (below) too. It’s particularly helpful for measuring the impact of consistent monthly contributions to your accounts.
Tools like these are super helpful when saving for retirement or other long-term goals such as buying a house, since it shows whether or not you’re on track for a specific goal. It could also inspire ideas on how to reach that financial goal better, whether it’s taking more risks with investments or socking away more money every month toward that goal.
Simply start by selecting your destination and travel dates. Google’s results will return with the best flight recommendations based on cost, as well as show you other options on similar flights. Change your search options to include a price range, specific airlines, travel times and types of seating classes to find the best deal.
Fares are updated once a day and you can sign up to receive email alerts right in your inbox by saving your flight information.
Like free-to-use competitors such as Kayak, Google’s tool also helps you to review booking options for hotels and vacation packages too.
Thanks to Google Shopping’s price comparison tool, you no longer have to pay full price for anything. Simply enter an item in the shopping search bar, and the tool will populate the best results and prices for that particular purchase. Sort by the most popular, best-reviewed or lowest price to get customized results.
This shopping comparison tool is especially handy during the holiday shopping season. With everything from tech to clothing to gadgets, Google Shopping will help you find the best deal for anything you need to purchase.
Combine the tool with a Chrome browser extension to save money once you’ve clicked away from Google.
If you need to routinely send money, whether it’s to a landlord for monthly rent or mom or dad to help with Parent PLUS Loan repayment, this tool makes your checkbook obsolete. Online or in the app, Google Pay allows you to submit (or request) one-off or recurring digital payments to the contacts of your choice.
It’s especially useful for payment amounts larger than what other methods like Venmo can’t handle. Some e-commerce companies even accept Google payments too.
Simply connect your bank account to get started. If you prefer PayPal, you can link that account to your Google account for contacts and companies that take one type of payment over the other.
With that said, student loan companies and servicers will be slow to accept methods like Google Pay, so rely on mobile debt apps to monitor (and in some cases, make) payments instead.
Andrew Pentis contributed to this report.
Interested in refinancing student loans?Here are the top 6 lenders of 2020!
|Lender||Variable APR||Eligible Degrees|
|1.99% – 5.64%1||Undergrad & Graduate|
|1.89% – 5.90%2||Undergrad & Graduate|
|2.25% – 6.28%3||Undergrad & Graduate|
|1.89% – 6.77%4||Undergrad & Graduate|
|2.39% – 6.01%||Undergrad |
|1.99% – 5.61%5||Undergrad & Graduate|
|Check out the testimonials and our in-depth reviews! |
1 Important Disclosures for Earnest.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants will qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
Earnest fixed rate loan rates range from 2.98% APR (with Auto Pay) to 5.79% APR (with Auto Pay). Variable rate loan rates range from 1.99% APR (with Auto Pay) to 5.64% APR (with Auto Pay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms 10 years or less. For loan terms of 10 years to 15 years, the interest rate will never exceed 9.95%. For loan terms over 15 years, the interest rate will never exceed 11.95% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 1.82% and 5.50% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of July 31, 2020, and are subject to change based on market conditions and borrower eligibility.
Auto Pay discount: If you make monthly principal and interest payments by an automatic, monthly deduction from a savings or checking account, your rate will be reduced by one quarter of one percent (0.25%) for so long as you continue to make automatic, electronic monthly payments. This benefit is suspended during periods of deferment and forbearance.
The information provided on this page is updated as of 7/31/2020. Earnest reserves the right to change, pause, or terminate product offerings at any time without notice. Earnest loans are originated by Earnest Operations LLC. California Finance Lender License 6054788. NMLS # 1204917. Earnest Operations LLC is located at 302 2nd Street, Suite 401N, San Francisco, CA 94107. Terms and Conditions apply. Visit https://www.earnest.com/terms-of-service, email us at [email protected], or call 888-601-2801 for more information on our student loan refinance product.
© 2020 Earnest LLC. All rights reserved. Earnest LLC and its subsidiaries, including Earnest Operations LLC, are not sponsored by or agencies of the United States of America.
2 Important Disclosures for Laurel Road.
Laurel Road Disclosures
All credit products are subject to credit approval.
Laurel Road began originating student loans in 2013 and has since helped thousands of professionals with undergraduate and postgraduate degrees consolidate and refinance more than $4 billion in federal and private school loans. Laurel Road also offers a suite of online graduate school loan products and personal loans that help simplify lending through customized technology and personalized service. In April 2019, Laurel Road was acquired by KeyBank, one of the nation’s largest bank-based financial services companies. Laurel Road is a brand of KeyBank National Association offering online lending products in all 50 U.S. states, Washington, D.C., and Puerto Rico. All loans are provided by KeyBank National Association, a nationally chartered bank. Member FDIC. For more information, visit www.laurelroad.com.
As used throughout these Terms & Conditions, the term “Lender” refers to KeyBank National Association and its affiliates, agents, guaranty insurers, investors, assigns, and successors in interest.
Assumptions: Repayment examples above assume a loan amount of $10,000 with repayment beginning immediately following disbursement. Repayment examples do not include the 0.25% AutoPay Discount.
Annual Percentage Rate (“APR”): This term represents the actual cost of financing to the borrower over the life of the loan expressed as a yearly rate.
Interest Rate: A simple annual rate that is applied to an unpaid balance.
Variable Rates: The current index for variable rate loans is derived from the one-month London Interbank Offered Rate (“LIBOR”) and changes in the LIBOR index may cause your monthly payment to increase. Borrowers who take out a term of 5, 7, or 10 years will have a maximum interest rate of 9%, those who take out a 15 or 20-year variable loan will have a maximum interest rate of 10%.
KEYBANK NATIONAL ASSOCIATION RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE.
This information is current as of September 9, 2020. Information and rates are subject to change without notice.
3 Important Disclosures for SoFi.
4 Important Disclosures for Splash Financial.
Splash Financial Disclosures
Terms and Conditions apply. Splash reserves the right to modify or discontinue products and benefits at any time without notice. Rates and terms are also subject to change at any time without notice. Offers are subject to credit approval. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet applicable underwriting requirements. Not all borrowers receive the lowest rate. Lowest rates are reserved for the highest qualified borrowers. If approved, your actual rate will be within a range of rates and will depend on a variety of factors, including term of loan, a responsible financial history, income and other factors. Refinancing or consolidating private and federal student loans may not be the right decision for everyone. Federal loans carry special benefits not available for loans made through Splash Financial, for example, public service loan forgiveness and economic hardship programs, fee waivers and rebates on the principal, which may not be accessible to you after you refinance. The rates displayed may include a 0.25% autopay discount.
The information you provide to us is an inquiry to determine whether we or our lenders can make a loan offer that meets your needs. If we or any of our lending partners has an available loan offer for you, you will be invited to submit a loan application to the lender for its review. We do not guarantee that you will receive any loan offers or that your loan application will be approved. Offers are subject to credit approval and are available only to U.S. citizens or permanent residents who meet applicable underwriting requirements. Not all borrowers will receive the lowest rates, which are available to the most qualified borrowers. Participating lenders, rates and terms are subject to change at any time without notice.
To check the rates and terms you qualify for, Splash Financial conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, the lender will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.
Splash Financial and our lending partners reserve the right to modify or discontinue products and benefits at any time without notice. To qualify, a borrower must be a U.S. citizen and meet our lending partner’s underwriting requirements. Lowest rates are reserved for the highest qualified borrowers. This information is current as of September 10, 2020.
5 Important Disclosures for CommonBond.
Offered terms are subject to change and state law restriction. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900), NMLS Consumer Access. If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on a 1-month LIBOR assumption of 0.16% effective Sep 1, 2020 and may increase after consummation.