[vc_row][vc_column][vc_column_text]This calculator helps you work out:

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]The budget planner will automatically save your data onto your computer or mobile device. Your data may be lost if you change your device or clear your cache.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_toggle title=”Disclaimers”]

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  • It assumes you reinvest the interest earned back into the savings account.
  • It makes no allowance for inflation (we suggest you allow for future price increases when setting your savings goal).
  • It makes no allowance for any income tax payable on the interest earned, or for extras such as account or transaction fees.
  • It uses a constant interest rate for the full savings period. It compounds on the same weekly, fortnightly, monthly or annual basis as the frequency of savings payments you select.
  • It assumes each year is divided into 52 weeks, 26 fortnights and 12 months of equal length. And that you make regular savings payments at the start of each period (week, fortnight, month or year as you select).

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