Saving for a goal
Am I on track to reach my goal?
It’s important to make sure you’re keeping on track to meet your goal, so that you can make changes to your savings approach if you need to.
By using our calculators you can check how you’re going.
Our financial goal calculator works out the future value of your current savings plan. You can compare your current savings plan to your financial goal and see if you are on track.
And you can use our budget planner on a regular basis to look at your spending habits. Maybe there’s scope to increase your savings!
How can I save more effectively?
- Set yourself a savings goal – it’s easier to stay motivated and resist dipping into your savings when you know what you’re saving for
- Budget to build your savings – keep track of your finances and spending habits so you can see exactly where you could be saving money
- Save what you can as often as you can – saving a small amount on a regular basis can help you achieve your goal faster
- Perhaps separate your savings – sometimes having a balance that’s separate will help you feel the satisfaction of watching your savings grow.
How can I monitor my savings?
Using Online Banking makes it easy for you to see how your savings are growing and lets you transfer funds into your savings account online. You can also use Telephone Banking to check your savings account balances and transaction details.
