Erie Shores Community Federal Credit Union

How Can I Save For a Big Ticket Item?
Calculator

Are you saving for a big ticket item? A car? A boat? A motorcycle? Use this calculator to figure out how long it will take you.

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Results

If you invest $0 now and $0 monthly for 0 months at 0%, you will have saved $0.

To achieve a savings of exactly $0, you can do one of the following:

  • Change amount invested now to: $0
  • Change monthly savings to: $0
  • Change months to save to: 0
  • Achieve a rate of return of: 0%

When adjusted for inflation of 0%, $0 is worth $0 in 0 months.

Information

Erie Shores Community Federal Credit Union

Serving community members who live, work, worship, attend school, or regularly conduct business in the following communities: -Westlake, Ohio -Bay Village, Ohio -North Olmsted, Ohio -Fairview Park, Ohio -Rocky River, Ohio -Lakewood, Ohio

26931 Detroit Road
Westlake, OH 44145
440-438-3102
www.escfcu.org

Resources

Resources

The Motley Fool's "Saving & Spending Center" provides a crash-course in how to save more money, including budgeting, short-term savings vehicles, saving for college, etc.

FinancialLiteracyMonth.com's Tools for Success section offers a helpful "Financial Goals Worksheet" and a "Financial Priorities Worksheet." Be sure your goal has a specific purpose, a dollar amount that it will cost, and a realistic target date. And take a look at the big picture to make sure your big ticket item is a priority.

About.com's Money In Your 20's section has great articles to get you thinking about ways to save better.

At Credit Unions, You Save More Because credit unions are member-owned and member-operated, they pay-it-forward to members in the form of better interest rates and lower fees (instead of sending profits up to shareholders, like at a bank.) Find yours at www.CULookup.com.