Terms of Service

Last updated: April 8, 2026

By using MyDollarTools ("the website", "our service"), you agree to the following terms and conditions. Please read them carefully.

1. Acceptance of Terms

By accessing or using MyDollarTools at mydollartools.com, you agree to be bound by these Terms of Service. If you do not agree with any part of these terms, you should not use the website.

2. Description of Service

MyDollarTools provides free, browser-based financial calculators and tools designed for educational and informational purposes. Our tools include, but are not limited to:

  • Financial Health Score calculator
  • Retirement Savings calculator
  • Cost of Living comparison calculator
  • Debt Payoff calculator (Snowball vs Avalanche)
  • Net Worth calculator
  • Rent vs Buy calculator

3. Not Financial Advice

The information, tools, calculations, scores, and recommendations provided on MyDollarTools do not constitute financial, investment, tax, or legal advice.

All tools are designed for general educational purposes and to help you understand financial concepts. Results are based on simplified models and the inputs you provide. They may not account for all factors relevant to your specific financial situation.

Always consult with a qualified financial advisor, tax professional, or other appropriate professional before making any significant financial decisions.

4. Accuracy of Calculations

While we strive for accuracy, MyDollarTools makes no warranties or guarantees regarding the accuracy, completeness, or reliability of any calculations, projections, or results generated by our tools. Financial calculations involve assumptions that may not reflect your actual circumstances. Key limitations include:

  • Tax calculations use simplified federal and state tax models
  • Investment return projections are based on historical averages, not guarantees
  • Cost of living data uses static indices that may not reflect current conditions
  • Net worth percentile data is based on Federal Reserve survey data and may be dated

5. Use at Your Own Risk

You use MyDollarTools entirely at your own risk. We are not responsible for any financial decisions you make based on our tools or their results. In no event shall MyDollarTools be liable for any direct, indirect, incidental, special, or consequential damages arising from your use of the website or reliance on its content.

6. Privacy

Your use of MyDollarTools is also governed by our Privacy Policy. All financial calculations happen in your browser — we do not collect, store, or transmit your financial data.

7. Intellectual Property

All content, design, code, and branding on MyDollarTools is protected by copyright and intellectual property laws. You may not reproduce, distribute, or create derivative works from our content without express written permission.

8. Advertising

MyDollarTools may display third-party advertisements. We are not responsible for the content, accuracy, or opinions expressed in these advertisements. Clicking on ads is at your own discretion and risk.

9. External Links

MyDollarTools may contain links to third-party websites. We do not control or endorse these sites and are not responsible for their content or privacy practices.

10. Modifications

We reserve the right to modify these Terms of Service at any time. Changes will be effective immediately upon posting. Your continued use of MyDollarTools after changes constitutes acceptance of the modified terms.

11. Termination

We reserve the right to restrict or terminate your access to MyDollarTools at any time, for any reason, without notice.

12. Governing Law

These terms shall be governed by and construed in accordance with the laws of the United States.

13. Contact

For questions about these terms, please contact us at contact@mydollartools.com.