Free tools / Savings per paycheck
Savings per paycheck, for every fund at once
Four sample funds, 5,250.00 in all with 575.00 already saved, need 281.75 every payday if you are paid every 2 weeks, or 562.03 a month. Each fund is what is left, divided by the paydays before it is due; the payday amount is those added up.
281.75 each payday
562.03 a month
for 4 funds, paid every 2 weeks.
| 1 |
|---|
| 2 | Fund | Target | Saved | Due (the 1st) |
|---|---|---|---|---|
| 3 | ||||
| 4 | ||||
| 5 | ||||
| 6 | ||||
| 7 | ||||
| 8 |
| Fund | Left | Paydays | Per payday | Per month | |
|---|---|---|---|---|---|
| 3 | Car insurance | 1,250.00 | 14 | 89.29 | 178.57 |
| 4 | Christmas gifts | 825.00 | 27 | 30.56 | 63.46 |
| 5 | Dentist | 400.00 | 7 | 57.14 | 100.00 |
| 6 | Family trip | 2,200.00 | 21 | 104.76 | 220.00 |
| 7 | |||||
| 8 | |||||
| 9 | All funds | 4,675.00 | 281.75 | 562.03 |
The same funds on every pay schedule
| Paid | Per payday | Per month |
|---|---|---|
| Weekly | 138.69 | 562.03 |
| Every 2 weeks | 281.75 | 562.03 |
| Twice a month | 281.02 | 562.03 |
| Monthly | 562.03 | 562.03 |
Sample funds, made up. Worked out for 11 Nov 2026. With scripts on, it uses your device's date and updates as you type. Nothing you type is sent or saved.
How it is worked out
Car insurance, by hand: 1,450.00 target less 200.00 saved leaves 1,250.00. It is due 1 Jun 2027, which is 7 calendar months from this month and 14 whole fortnights from today. 1,250.00 / 14 = 89.29 each payday, and 1,250.00 / 7 = 178.57 a month. Each fund is worked out like that on its own, and the totals add them up, the way the Savings Goals sheet's Dashboard does.
| Paid | Paydays before the due date |
|---|---|
| Weekly | Whole weeks from today to the due date |
| Every 2 weeks (biweekly) | Whole fortnights from today to the due date |
| Twice a month (semi-monthly) | Calendar months left x 2 |
| Monthly | Calendar months left |
Always at least 1. Calendar months left counts from this month to the due month. It goes by how often you are paid, not your real pay dates, so treat it as a guide.
Track all of them in a spreadsheet
The Savings Goals & Sinking Funds sheet takes 40 goals, a log of what you set aside or take out, a dashboard of what is on track or behind, and an optional 52-week challenge.
Savings Goals & Sinking Funds: US$4.99, one time. One .xlsx file for Excel and Google Sheets.
See it on EtsyOr all six money sheets in one download, this one included: Money Spreadsheets 6-Pack, US$24.99 (US$37.94 bought one by one).
Questions people search for
- How much should I save per paycheck?
- For each goal: what is left (target less saved) divided by the paydays before it is due, to the cent. Add the goals up for the amount to set aside each payday. The table above does it for up to six goals.
- How much to save biweekly for 10,000 in 6 months?
- From 10 Nov 2026 to 10 May 2027 is 181 days: 12 whole fortnights. 10,000.00 / 12 = 833.33 every two weeks. Start later in a fortnight and you may have one payday fewer.
- Semi-monthly vs biweekly: what is the difference?
- Semi-monthly is twice a month, 24 paydays a year. Biweekly is every two weeks, which is 26 paydays in most years. So the same goal needs a little less each biweekly payday. The schedule table above shows both for your funds.
- What is a sinking fund?
- Money you set aside bit by bit for a cost you know is coming, such as car insurance, Christmas or a dentist bill, so it does not land all at once. It is ordinary saving with a name and a due date.
- Does this include interest?
- No. It only divides what is left by the paydays left. No interest, no returns.
- Is what I type here saved?
- No. The page runs on your device. Nothing you type is sent or saved.
Where the rules come from
The rules are the Savings Goals & Sinking Funds spreadsheet's own. This page's figures are tested against that workbook's answer keys to the cent, and its single-goal version is the savings calculator.
Last updated 10 Nov 2026.