Hiway 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.

Your Information

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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

Hiway Federal Credit Union

Hiway Federal Credit Union (Hiway), based in St. Paul, Minn., was founded in 1931 to serve the employees of the Minnesota Highway Department. Today, we welcome new membership from select employee groups, individuals and businesses within the metro community area.

111 Empire Dr
Saint Paul, MN 55103-1860
651.291.1515
hiway.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.