Savings Goal Calculator
Saving for a car, a wedding, a trip or an emergency fund is easier with a clear number and a date. Enter your goal, what you have already put aside and what you can save each month to see how long it will take, or set a deadline to see the monthly amount you need.
Time to reach your goal1 year 6 months$4,500 still to save
To reach it in 12 months, save$375.00 a month
Progress so far10%
Plain saving: the calculator counts only the money you put aside, with no interest or investment returns. Keep goal money somewhere safe and easy to reach.
How the calculator works
- The calculator subtracts what you have already saved from your goal, then divides the rest by your monthly amount. Part months round up to a full month.
- Set a deadline in months to see the monthly amount that gets you there on time.
- It counts only the money you put aside. It adds no interest or investment returns, so the result is what your own saving achieves.
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Frequently asked questions
Where should I keep the money?
Somewhere safe and easy to reach, kept apart from your everyday spending, such as a separate current account or a labelled pot in your banking app.
What if I cannot save the same amount every month?
Use a cautious monthly figure. If you save more in a good month, the goal simply arrives sooner.
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