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Savings plans

Regular savings

Everyone benefits from regular saving; it allows us to work towards our financial goals and gives us peace of mind should an emergency arise. Committing yourself to a regular saving pattern can be difficult but at Kent Savers it's easy with payroll deduction schemes and the ability to pay money into your account at many newsagents and Post Offices.

Regular savers find that their savings soon build up.  The tables below show how putting a few pounds away each week or month will build up over five years.

Weekly Savings Table

Amount Saved: £2 £5 £10 £20 £25
Year 1 £ 104 £ 260 £ 520 £1,040 £1,300
Year 2 £ 208 £ 520 £1,040 £2,080 £2,600
Year 3 £ 312 £ 780 £1,560 £3,120 £3,900
Year 4 £ 416 £1,040 £2,080 £4,160 £5,200
Year 5 £ 520 £1,300 £2,600 £5,200 £6,500

Monthly Savings Table

Amount Saved: £10 £15 £30 £40 £50
Year 1 £ 120 £ 180 £ 360 £ 480 £ 600
Year 2 £ 240 £ 360 £ 720 £ 960 £1,200
Year 3 £ 360 £ 540 £1,080 £1,440 £1,800
Year 4 £ 480 £ 720 £1,440 £1,920 £2,400
Year 5 £ 600 £ 900 £1,800 £2,400 £3,000


 

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Kent Savers Credit Union Tel: 0333 321 9050 Email: info@kentsavers.co.uk Web: http://www.kentsavers.co.uk
Kent Savers Credit Union is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation and Financial Conduct Authorities - Firm No. 503258