Different people have different views on how to choose the best way to invest your money. Most people prefer going to a financial consultant in order to get the best they can. However, financial consultants cost money and what's more, they don't offer you any guarantee that your money are at a safe place. You can do absolutely nothing if you lose your money due to the wrong piece of advice by a financial planner. However, there are even braver people that use the financial planning tools offered by some sites.

Are There Really Website Offering Financial Planning Tools?
The answer of this question is yes, there are. Voyant, SimpliFi and ESPlannerBasic are the three best sites in the field up to the moment. They all provide us with more personalized and detailed information and may even be better than many financial consultants. That's why these websites have growing popularity. There are a both similarities and differences between these three sites. What's similar between them is that they are all extremely simple to use and you don't need to spend hours filling questionnaires in order to get some results. Another similarity between them is that they all tend to make little mistakes by advising you to insure things you don't need to or something similar. The fact that they all work and are extremely helpful in many ways is their greatest similarity.

Differences between the Financial Planning Tools These Websites Offer
These three sites have quite a few differences too, mostly in the way they work. For example, ESPlannerBasic asks you to fulfill a questionnaire for just a few minutes. Everything about your finances is then built on your answers and that's you've got to be very detailed. SimpliFi provides you with a list of to-do notes. Completing all of them would definitely increase your income and would make it easier for you to plan your retirement. Voyant provides you with additional pieces on advice on what to buy for home that would ease off your budget or how to proceed with your child's education.

Disadvantages of These Websites
The main disadvantage of all of these sites is that they lack the personal effect of being in touch with a human being. They only work on a particular scheme that does not take the subjective factors in consideration. Another disadvantage of these tools is that they are newly developed and they still need quite a lot of work in order to become what they are meant to be.

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