clevercoinjar

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How much to save each month

Goal minus saved, divided by months.

4 min read

The math is simple, and it works for every jar.

The formula

  1. Start with the goal amount
  2. Subtract what's already in the jar
  3. Divide by the months until you need it
  4. That's the monthly amount

Try it

Our sinking fund calculator does it for every jar at once, and shows the amount per paycheck.

General educational information, not financial advice. Clever Coin Jar isn't paid by any bank or app.