About MyDollarTools

MyDollarTools is a free financial tools platform built to help people make smarter money decisions. We believe everyone deserves access to the same financial analysis tools that advisors use — without the cost, complexity, or requirement to hand over personal data.

Our Mission

Financial literacy shouldn't be a privilege. Too many financial tools hide behind logins, paywalls, or data-harvesting forms. We built MyDollarTools to be different: every calculator is free, every calculation happens in your browser, and we never store your financial information.

Whether you're deciding between renting or buying a home, figuring out the fastest way to pay off debt, or checking your overall financial health, our tools give you clear, actionable answers backed by research.

What We Offer

MyDollarTools currently offers 6 research-backed financial calculators covering key areas of personal finance:

Financial Health Score — A comprehensive 0–1000 score across 6 dimensions with a personalized action plan
Retirement Calculator — Projections, confidence scores, and savings gap analysis
Cost of Living Calculator — Compare 30 US metros with salary equivalents and category breakdowns
Debt Payoff Calculator — Side-by-side Snowball vs Avalanche method comparison
Net Worth Calculator — Asset/liability breakdown with Federal Reserve percentile rankings
Rent vs Buy Calculator — Total cost comparison with break-even analysis

Our Values

100% Free, Forever

Every calculator on MyDollarTools is completely free. No premium tiers, no hidden costs, no paywalls.

Your Privacy Matters

We never store your financial data. All calculations happen entirely in your browser. No accounts, no tracking of your inputs.

Research-Backed Formulas

Our calculators use established financial planning methodologies — from the 4% withdrawal rule to Federal Reserve percentile data.

Actionable Insights

We don't just show numbers. Every tool provides personalized recommendations, scores, and next steps you can act on today.

Disclaimer

MyDollarTools provides financial calculators for educational and informational purposes only. The tools, results, scores, and recommendations provided on this website do not constitute financial advice. Always consult with a qualified financial advisor before making significant financial decisions. We make no guarantees regarding the accuracy or completeness of any calculations. Past performance and projections are not indicative of future results.