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Kids Savings Goal Calculator

Help your child set and track savings goals. Calculate how long it takes to save for something special and get a printable tracker to stay motivated.

Optional - leave blank for a generic result

Give your savings goal a name

Enter the total price of your goal

Weekly Money

Allowance, chore earnings, or other weekly money

How much do you usually spend each week? (snacks, games, etc.)

How much have you already saved toward this goal?

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About this tool

Reach Your Savings Goal

Teaching kids to save for something they want is one of the best ways to build financial literacy. Our free savings calculator helps children:

Why Set Savings Goals?

  • Learn patience by working toward a specific target
  • Understand trade-offs between spending now and saving for later
  • Build confidence as they watch progress grow
  • Develop planning skills with a concrete timeline

How It Works

  1. Enter your savings goal (what you're saving for and how much it costs)
  2. Add your weekly income (allowance, chore earnings, etc.)
  3. Subtract what you plan to spend each week
  4. See how long it will take to reach your goal!

Print your personalized savings tracker to hang on the wall and check off each week.

Chore Boss

Chores and allowance kids actually keep up with

Chores by room and by turn, the money kids earn for them, and a balance the whole family can see. Free to start.

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