Banking
Take the 52-week money challenge: What it is and how to do it
4 min read
Budgeting basics
A budget is a spending plan that helps you understand how much money you're making and where you're spending it. A budget is the cornerstone of a strong financial plan.
Budgeting tips
Bankrate offers 18 ideas for stretching your budget to save money.
Discretionary income: Definition, how to calculate it and how it impacts your budget
Personal Finance
Understanding discretionary income can help you with your budgeting strategy.
Our guide tackles the basics of disposable income and how you can use it to budget.
Essential reading
The best places to keep your emergency fund
8 min read
How to start (and build) an emergency fund
11 min read
12 ways to save money every day
7 min read
Calculate your savings
Use our Savings Calculator to help you quickly and accurately estimate the growth of your investment. Set a goal and figure out how much you need to save each month to hit the mark.
Months
Years
Total savings breakdown: | ||
| Interest earned | $ 5,803.89 | |
| Total contributions | + $24,000 | |
| Initial deposit | + $10,000 | |
Your total savings
$
39,803.
89
The average APY in the U.S. is 0.59%. Enter an APY to see how much you can save, or choose an APY from one of our partners.
Explore banking products:
Latest articles
Here’s how much $10,000 in a high-yield savings account can earn you.
Savings bonds are safe and easy to buy, but you can earn higher interest income elsewhere.
Here’s how multiple savings accounts can help you reach your financial goals.
These options are great places to stash money from a bonus, inheritance and more.
Most people know they should be saving a portion of their income, but they might not grasp all of the benefits of doing so. Saving is an important habit to get into for a number of reasons — it helps [...]
Here are scenarios for when each choice – paying down debt or saving – makes more sense.
Here’s everything you need to know about high-yield savings accounts.
Don’t let the fear of saving leave you in the dark. Avoid these 10 savings mistakes.
The trusted provider of accurate rates and financial information