Money Management International
  Home | About | Contest Winners | Feedback | Privacy         RSS - A Taxing Decision  
Savings Calculator

Savers know that the eighth wonder of the world is compound interest.

If you put $1,000 in a savings vehicle that earns 8 percent interest, you will double your money in less than 10 years. In this example, a penny saved is two pennies earned.

Use this simple savings calculator to see how investing your refund can make it grow over time.

Simple Savings Calculator
Initial Amount: $
Monthly Deposit: $
Annual Interest (Compounded)    %
Number of Years:



  Put the 'Fun' in Refund
Hi!  I’m Tax Time Trisha

Did you know that Libras expect the largest refunds?

How do I know? Well, I’m a real refund know-it-all! In fact, when it comes to spending and saving, there isn’t much I don’t know.

Don’t believe me? I’ll prove it! Let’s play ‘Save Or Spend?’

Launch Game
Share your refund story and WIN!
If you have a tax refund strategy, story, or solution, we’d love to hear it.  
Share Your Saving Story
Share Your Spending Story