Skip to content
The Gambia Bankers’ Association

Money tools

Savings goal planner

Your goal

Example figures
Plan by

Optional. Use the rate your bank quotes for the account.

Save each month

D2,084 a month

Months of saving
2 years
Total you put in
D50,000

Save D2,084 a month for 2 years to reach D50,000 by November 2028.

Your savings over time

Savings grow from D0 to D50,000 over 2 years, reaching the D50,000 goal.D0D20kD40kD60kNowYear 1Year 2Goal D50,000

Milestones

  1. 25% · D12,500May 2027 (month 6)
  2. 50% · D25,000November 2027 (month 12)
  3. 75% · D37,500May 2028 (month 18)
  4. 100% · D50,000November 2028 (month 24)
Month-by-month balance
Balance at the end of each month
MonthPut in so farBalance
December 2026D2,083D2,083
January 2027D4,167D4,167
February 2027D6,250D6,250
March 2027D8,333D8,333
April 2027D10,417D10,417
May 2027D12,500D12,500
June 2027D14,583D14,583
July 2027D16,667D16,667
August 2027D18,750D18,750
September 2027D20,833D20,833
October 2027D22,917D22,917
November 2027D25,000D25,000
December 2027D27,083D27,083
January 2028D29,167D29,167
February 2028D31,250D31,250
March 2028D33,333D33,333
April 2028D35,417D35,417
May 2028D37,500D37,500
June 2028D39,583D39,583
July 2028D41,667D41,667
August 2028D43,750D43,750
September 2028D45,833D45,833
October 2028D47,917D47,917
November 2028D50,000D50,000

Results are estimates based only on the figures you enter. Before you decide, ask your bank for the actual rates, fees and terms in writing.