Savings Goal Calculator

Plan and track your savings goals with the power of compound interest

Your Goal Details

Progress to Goal

Current Progress20.0%
₹2,000
Current Savings
₹8,000
Remaining

Projection Results

Projected Savings:₹8,193
Time to Goal:1 years 4 months
Status:⚠️ Needs Adjustment

💡 Suggestion

Increase your monthly contribution or extend your timeframe to reach your goal.

💡 Savings Tips

  • •Set up automatic transfers to make saving effortless
  • •Start with small amounts and increase gradually
  • •Consider high-yield savings accounts for better interest rates
  • •Review and adjust your goals regularly
  • •Celebrate small milestones to stay motivated

Smart Savings Strategies

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SMART Goals

Set Specific, Measurable, Achievable, Relevant, and Time-bound savings goals

💰

50-30-20 Rule

Allocate 50% for needs, 30% for wants, and 20% for savings and debt repayment

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Use Technology

Leverage apps and automation to track progress and maintain consistency