It can be hard to feel passionate about savings or budgeting. But when you put your finances in their proper place, they are a great tool to help make your dreams come true. Whether you are dreaming of a life changing global trip, owning your own car, owning a campervan, your dream home, or even some designer threads, our Dreams Come True calculator can help you work out how much you’ll need to save to get there.
Our Dreams Come True Calculator can answer an important question: how long do I have to save to afford my dreams?
Knowing how long you will need to save to reach your goal, can be a key way to stay motivated and disciplined in your spending.
Dream Come True Calculator
How to use our Dreams Come True Calculator
You can use the calculator to establish a savings strategy to reach your savings goal. Enter the following details into the calculator:
Price tag on your dreams
How much will my dream cost me? What is the price tag on your dream item? Try to work out a specific amount, weather it is a few hundred dollars for a new phone, a few thousand dollars for a new TV or holiday, or hundreds of thousands of dollars for a house deposit.
How much do I already have? Have you already started saving toward your goal? Or do you have existing savings you can dedicate towards it? Don’t worry if you are starting at 0 – you’re starting today!
How much can I save every month? Planning the amount you will save is a delicate balance. The more you can save, the quicker you will reach your goal. But try to be realistic about how much you can spare to avoid a budget blow-out. Our Budget Calculator is a useful tool.
Put your money to work. If you will be saving for a period of time, it is a good idea to put your savings into a separate savings account. That way your money will earn interest and generate even more money while you wait.
Kickstart your savings
You’ve worked hard for your money – so you will probably want to make the most of it by looking for the best savings account with the best savings interest rates in NZ.
Money Compare can help you compare savings accounts to find the one that suits you best. There can be big variation between interest rates and account fees – choosing the right type of savings account can help make sure your money is working hard for you.
Whether you are looking for a new savings account to start saving, or looking for a better return for existing savings, we can help you compare the options and save.
The key things to look at when comparing savings accounts is how high the interest rate is, how much the account fees are, whether there are minimum and maximum deposit amounts, and whether you can access your savings through branches or ATMs.
Realistic goals, consistency, and good savings habits are key habits - check out our top tips for kickstarting your savings.
You're working hard to save towards your dream goal. Check out our top tips for kickstarting your savings.
We can help you compare NZ savings accounts to find the best option for you. Compare TSB savings accounts, ASB savings accounts, ANZ savings accounts, Kiwibank savings accounts, Westpac savings accounts, and more.
Compare NZ savings accounts