As regular readers know, I’m a terrible snot when it comes to the ads I’ll take on this site. I get so many would-be advertisers who want to shift high-interest loans, credit cards and other products completely unsuited to a site dedicated to saving money… But a savings tool? Now that’s something I am more than happy to shout about. Bring it on!
This new savings calculator will help you work out how long it will take to save a given amount, and how much you need to save every month to reach your goal. It can also show you what your savings will be worth after a set period, although given the somewhat lacklustre interest rates available to savers at the time of writing, don’t expect to feel too cheered by the results…
P.S. If the version above isn’t loading as it should, you can find the same calculator on my sidebar and also on the Halifax website.
Image credit: kate*.