Pocket Money Savings Calculator
Track how weekly or monthly pocket money adds up over time to a savings goal with this free allowance calculator in your browser.
Enter Values
Minimum 0
Minimum 0
How to use this calculator
- Enter how much is saved each week and the savings goal.
- Read the weeks to reach it.
How it works
Weeks = goal ÷ weekly amount, rounded up.
Worked example
$10/week toward $250. = 25 weeks (about 5.8 months).
Common mistakes
- Forgetting spending along the way reduces what's saved.
- Not adding any interest if it's in a savings account.
Frequently asked questions
How does the pocket money calculator work?
It adds up regular pocket money over time, optionally with a starting balance and a savings goal, so a child can see how long until they can afford something.
How can I teach kids to save with it?
Set a goal item, show how weekly amounts build toward it, and try splitting money into spend and save to make the trade-off visible.
A good way to teach saving?
Yes — showing a child the weeks-to-goal makes the payoff of regular saving concrete and motivating.
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Cite this tool
Zerdly. (2026). Pocket Money Savings Calculator. Retrieved from https://www.zerdly.com/tools/pocket-money-savings-calculator/
Tip: Enter any known values to calculate the remaining results.
All calculations run in your browser. Your inputs are never saved or transmitted.