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Savings Goals Calculator

Setting a specific savings goal gives you something tangible to work towards, such as:

  • "I'll save $400 for a new TV" or
  • "I want to pay off my $2,000 credit card debt within 12 months."

Whatever your goal, always remember that small savings over time add up to bigger savings in the long run - so every small bit really does help.

By experimenting with this MoneySmart Savings Goal calculator you can set a savings goal and work out how long or how much saving it will take to get there.

You can also see how much difference even small extra savings will make.