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How long will it take you to reach your savings goals for the new year? – calculator

See how quickly giving up treats will help you hit a target – and a trick that can speed it up


As Tuesday marks the official end of the Christmas season, it is time to start thinking about those new year resolutions in earnest.

Savings are at the heart of many people’s pledges – whether it’s building up an emergency fund to cover disasters, or putting money aside for a short- or long-term goal. Cutting down on unnecessary spending is another popular promise.

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