🎯

Savings Goal Calculator

How long until you can afford what you want?

Want to know how many weeks it will take to save up for that new game, toy, or gadget? Use this calculator to create your savings plan!

Enter your weekly pocket money, set your goal, and see your progress milestones.

£
per week
£
target amount
50%
Save £2.50/week, spend £2.50/week
£
head start amount
Time to reach your goal
20
weeks
=
4.6
months

Savings Milestones

Week 5
25% there!
£12.50
Week 10
Halfway!
£25.00
Week 15
75% done!
£37.50
Week 20
Goal Reached! 🎉
£50.00
Patience pays off - keep saving!

👨‍👩‍👧For Parents

  • Make it visual: Print the timeline and let them check off weeks as they save
  • Celebrate milestones: Small celebrations at 25%, 50%, 75% keep motivation high
  • Don't rescue: If they spend savings, the timeline resets - that's the lesson
  • Offer bonus opportunities: Extra chores can speed up the timeline

🧒For Kids

  • Pick specific goals: Saving for "something cool" is harder than saving for a £50 LEGO set
  • Save more, get there faster: Saving 80% instead of 50% nearly doubles your speed!
  • Track your progress: Mark off each week you successfully save
  • Don't give up: If you slip up and spend some savings, just restart - you'll learn from it

Popular Savings Goals by Age

Ages 5-8

  • • Small LEGO sets (£10-20)
  • • Action figures or dolls (£15-25)
  • • Books or craft supplies (£5-15)
  • • Trading card packs (£10-20)

Ages 9-11

  • • Video games (£30-50)
  • • Large LEGO sets (£40-80)
  • • Sports equipment (£25-60)
  • • Art supplies set (£20-40)

Ages 12-14

  • • Gaming console games (£40-60)
  • • Bluetooth headphones (£30-80)
  • • Clothes and trainers (£40-100)
  • • Skateboard or scooter (£50-150)

Ages 15-16

  • • Phone upgrades (£100-300)
  • • Driving lessons fund (£500+)
  • • Concert/event tickets (£40-100)
  • • Tech accessories (£50-150)