What is a pocket money goal?
A pocket money goal is something you want to save for. It might be a toy, game, book, bike, special activity, birthday gift, or something bigger that takes a few weeks or months to reach.
Pick something real
Choose a clear goal and find out the actual price before you start saving.
Count your money
Write down how much you already have saved so you know your starting point.
Make a money plan
Think about where the money will come from, not just how much you need.
Build Your Savings Plan
This calculator does more than tell you the number of weeks. It also helps you think about how you will get the money and what action you can take next.
Enter your savings details above to see your pocket money goal plan.
How are you going to get the money?
A good savings goal needs a real money plan. It is not just about wanting something — it is about deciding how you will save, earn, and stay patient.
Pocket money
Decide how much of your weekly pocket money you will save before spending anything else.
Extra chores
Ask a parent or carer if there are extra helpful jobs you can do to earn a little more.
Gift money
If you receive birthday or holiday money, choose whether some of it can go towards your goal.
Sell unused things
With adult help, you might sell toys, books, or games you no longer use and add the money to your savings.
Helpful small jobs
Older kids might help with safe jobs like watering plants, feeding pets, or tidying outdoor areas.
Spend less
Sometimes the fastest way to save more is to pause small purchases and keep that money for your bigger goal.
Money-Smart Checklist
Before you start saving, use this checklist to make sure your goal is realistic and worth it.
Frequently Asked Questions
What is a pocket money goal calculator?
A pocket money goal calculator helps you work out how long it may take to save enough money for something you want.
How do I decide what to save for?
Choose something you really want and check how much it costs. It is easier to save for a clear goal.
What if I cannot save the same amount every week?
That is okay. Some weeks you might save more and some weeks you might save less. You can update your numbers and make a new plan.
Why does the calculator round up the number of weeks?
The calculator rounds up because you may need a full extra week to save the final amount.