Pleasures v Treasures: What you could save if you stop wasting cash

By -
0

View comments

This calculator shows you how much you could save by diverting the cash you 'waste' on everyday items into a long-term savings plan. Remember: £10 a week equals £520 a year.

function update(){ var numYears = document.getElementById('duration').value; var interestRate = document.getElementById('exp_annual_return').value; var numPeriodsPerYear = 12; var savingsAmount = 0.00; // monthly deposit var totalBalance = 0.00; var cigs = document.getElementById('cigs').value; var drinks_home = document.getElementById('drinks_home').value; var lottery = document.getElementById('lottery').value; var taxis = document.getElementById('taxis').value; var takeaways = document.getElementById('takeaways').value; var lunchtime = document.getElementById('lunchtime').value; var takeaway_coffee = document.getElementById('takeaway_coffee').value; var other = document.getElementById('other').value; // validate input if (!isValidNum(numYears)){ numYears = 0; } if (!isValidNum(numPeriodsPerYear)){ numPeriodsPerYear = 0; } if (!isValidNum(interestRate)){ interestRate = 0; }else if (interestRate != 0){ interestRate = (interestRate / 100); } if (!isValidNum(cigs)){ cigs = 0.00; } if (!isValidNum(drinks_home)){ drinks_home = 0.00; } if (!isValidNum(lottery)){ lottery = 0.00; } if (!isValidNum(taxis)){ taxis = 0.00; } if (!isValidNum(takeaways)){ takeaways = 0.00; } if (!isValidNum(lunchtime)){ lunchtime = 0.00; } if (!isValidNum(takeaway_coffee)){ takeaway_coffee = 0.00; } if (!isValidNum(other)){ other = 0.00; } // calc the total amount of savings made from the expenses savingsAmount = (Number(cigs) + Number(drinks_home) + Number(lottery) + Number(taxis) + Number(takeaways) + Number(lunchtime) + Number(takeaway_coffee) + Number(other))*52/12; // check interest rate is specified so balance can grow if (interestRate != 0){ var interestRatePerPeriod = (1+ (interestRate / numPeriodsPerYear)); var totalNumPeriods = (numYears * numPeriodsPerYear); var growthRate = (Math.pow(interestRatePerPeriod,totalNumPeriods) - 1); var numPeriodsPerInterestPercent = (numPeriodsPerYear / interestRate); totalBalance = savingsAmount * growthRate * numPeriodsPerInterestPercent; totalBalance = totalBalance; }else{ // balance won't grow without interest totalBalance = (savingsAmount *(numYears * numPeriodsPerYear)); } document.getElementById('total').value = formatTo(totalBalance,2); }

Pleasures v Treasures

YOUR PLEASURES

Enter your weekly spending

*Interest calculated and compounded monthly** Remember: Money isn't everything Beer & cigarettes (eg 76.37 - 3 pints; 20 cigarettes a day)£ Drinks at home (eg 27.93 - bottle of wine a day)£ Lottery/gambling(eg 10)£ Taxis(eg 22.50 - a few short journeys)£ Takeaways(eg 17.50 - a couple of curries)£ Lunchtime/snacks(eg 19.75 - they quickly add up)£ Takeaway coffees(eg 7.50 - a cappuccino a day)£ Other(eg 75 - do you really need all those CDs, shoes, TV channels?)£ YOUR TREASURES Annual return* (eg 7 - latest predictions for stock market growth) % Duration (eg 25 - the longer the better) years RESULT Calculate Your prudence will earn you**£

Best savings rates tables... 

General savings (internet, branch-based)Fixed-rate accounts Phone/postal accounts Best cash Isas Junior Isas and children's savings accounts Child Trust Funds (CTFs) National SavingsMonthly income savings accountsOffshore accountsAccounts for older savers (50+)

ALSO: Premium Bonds winning numbers table

Popular posts from this blog

Model Stella Tennant dies 'suddenly' aged 50 as her family pay tribute to 'wonderful woman and an inspiration to us all'

By -
Image
Britain's most famous aristocratic supermodel Stella Tennant has died at the age of 50, just months after splitting from her husband. Her family praised her as a 'wonderful woman and an inspiration to us all' in a statement which confirmed her 'sudden death' yesterday. In August it was revealed Mrs Tennant had separated from her husband David Lasnet after 21 years of marriage earlier this year. The couple owned a property empire that includes a luxury mews house in Edinburgh and a stately home near her father's estate. Mrs Tennant was the granddaughter of Andrew Cavendish, the 11th Duke of Devonshire and Deborah Mitford, one of the well-known aristocratic siblings.  The mother-of-four was known for her androgynous looks during her 1990s modelling heyday and soon became a muse for Karl Lagerfeld, which the fashion designer attributed to her resemblance to Coco Chanel.  Britain's most famous aristocratic supermodel Stella Tennant has died aged 50 just months a...
Read more

Best Online MBBS Colleges in the USA

By -
Are you hunting for a medical college abroad? Well, if yes, Kudos, as you have landed at the right station. Knowingly, MBBS degree, which is often called a Bachelor of Medicine and Bachelor of Surgery is approximately four years of courses offered by several medical colleges, and institutes. But amongst these many institutes, how to find the best online MBBS colleges for you? No worries, as today with this guide, we will be thriving some of the 5 best online MBBS colleges in the USA. So, what are we waiting for? Let’s begin the search!   Why Should I Study MBBS in the USA? There are numerous advantages of studying MBBS from the USA. Out of which, one of the enticing things is you don’t have to appear for the FMGE exam (Foreign Medical Graduate Exam) in countries like India. Other than this- ·          First rated universities Just like other countries, universities in the USA tend to offer several amenities to foreign students t...
Read more

ALL ABOUT CAR INSURANCE:

By -
The importance of insurance comes with the motto " Protect yourself and others". It is undeniable that in the times of any unfortunate situations the stress of dealing with  emotional stress and financial issues having insurance provides the financial security to deal with the situation with peace of mind. There are a variety of insurance policies aiming to protect certain features like health, home, motor, travel, property and so on. These insurance policies help in the case of an emergency situation which can leave the person debt-ridden. Thus the importance of insurance is inevitable. Among the insurance policies, Motor Insurance which deals with the vehicles is essential to have by the vehicle owners. In many countries it is important to have basic motor insurance for the vehicles. When a car (motor) is bought, there comes the responsibility and risk about the safety of the vehicle, its owner and the other third party. Every single vehicle running on the road carries ...
Read more