Saving for Big Purchases: Car, Wedding, Holiday or Renovation
How to set a target, pick the right account and automate the plan.
4 min read · Budget & Everyday
Life situations: Family & children
A clear goal and a monthly amount make big purchases possible without debt.
Set the target
Write the amount and the date, then divide to find the monthly saving.
Example with default values. Open the calculator →
Choose where to save
- A separate savings account for short goals.
- Investments only for goals more than five years away.
Automate
Stay flexible
If the goal changes, adjust the amount or the date instead of stopping. Keep the emergency fund separate so that a goal never uses up your safety net.
Set up a standing order on payday. Work out the amount with the savings goal calculator.
Try it yourself: Savings Goal Calculator
Change any input and the result updates instantly. Nothing you enter is sent to a server.
Monthly saving neededCHF 619
- Total paid in
- CHF 84'286
- Growth from returns
- CHF 15'714