How Much to Save Per Month to Reach $3,000 in 1 Year

To save $3,000 in one year with no interest, you need to set aside $250 per month.

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How to use this tool

Enter savings goal, years and annual rate in the fields above.
Results update instantly as you type — or click Calculate.
Read your monthly saving and the full breakdown beneath it.

Find out that saving $250 a month gets you to $3,000 in exactly one year.