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Travel Savings Calculator
Find out how much to set aside each month to reach your vacation goal on time.
How this calculator works
Enter your total vacation budget and the number of months you have to save. The calculator divides the goal by the months to give a monthly amount. It does not add interest, so if you keep the money in a savings account the real amount you need is slightly less.
Example
You want to save $4,800 for a vacation in 12 months. The calculator shows: Save $400.00 Per Month.
Tips
- Set up an automatic transfer on payday into a separate savings account so the money is not spent.
- Build the goal from the Trip Budget calculators so it includes flights, lodging, food and activities.
- Add a buffer of about 10 percent for surprises, and book flights early if prices look good.
Common questions
Should I use a separate account?
Many people find it easier to reach a goal when the money is kept apart from everyday spending and given a name.
What if my goal changes?
Rerun the calculator with the new goal or new number of months to see your updated monthly amount.
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Results are estimates only. See our disclaimer.