Whether you're saving for a house deposit, wedding, holiday, or emergency fund, knowing exactly how to reach your goal makes all the difference. Our savings goal calculator creates your personalized plan.
Calculate Your Savings Plan
Enter your goal and see exactly how to reach it.
What the Calculator Shows You
- Monthly savings needed: To reach your goal by your deadline
- Time to goal: Based on your current savings rate
- Interest earnings: How much your savings could grow
- Alternative scenarios: What if you saved more or less?
How to Use the Calculator
- Enter your savings goal amount
- Add any current savings toward this goal
- Set your target date (or leave blank to calculate)
- Enter expected interest rate
- See your personalized savings plan
Common Savings Goals
- Emergency fund: 3-6 months of expenses
- House deposit: 5-20% of property value
- Wedding: £15,000-30,000 average UK wedding
- Holiday: £500-5,000 depending on destination
- New car: Deposit or full purchase amount
- Christmas: £500-1,000+ for family
Tips to Reach Your Goal Faster
- Automate your savings on payday
- Save windfalls (bonuses, tax refunds)
- Cut one expense and redirect it to savings
- Find a side income specifically for this goal
- Use a high-interest savings account
About iBudget
iBudget helps couples and families take control of their finances with simple, collaborative budgeting tools. Track spending, set goals, and build wealth together.
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