Setting A Savings Goal

Setting a savings goal is a great addition to your overall budget. For example, if you know that within the next year you wish to go on holiday, you can set a target of how much you would like to spend on a holiday as well as when you plan to book the holiday. 

The Savings Calculator above will then help you see how much you will need to save regularly or how long it will take to save to meet your savings goal.

Remember to use the other free tools on MoneySmrt to help you budget and save even more.