Early Life Investments, LLC
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Early Life Investments
Early Life Investments
A Family Financial Head Start

“The best time to build lifelong money habits is when you are young. The second-best time is today.”

Educational only: The author of Early Life Investments is not a Certified Financial Planner. The content here reflects the author's personal opinions and experience and is for general educational purposes only. Read the full disclaimer.

Kids' Corner — Free Tool

Can I Afford It?  Goal Calculator

Type in the thing you want. Find out the exact day it becomes yours.

How it worksType in what you want, what it costs, what you’ve saved, and how much you can add each week. The calculator tells you how many weeks until it’s yours — and the actual date. Don’t forget sales tax; the checkbox handles it.
Real cost (with tax)
Still need
Weeks to go
Your “It’s Mine” day

Try changing the weekly number above and watch the date jump. An extra job or two per week — here are safe ideas by age — can cut a 12-week wait down to 6. And the full four-step saving plan lives in How to Save for Something You Want.

ParentsThis calculator collects nothing and stores nothing — it’s just math in the browser. It pairs well with a printed progress bar on the fridge, and the deeper lesson behind it is in Saving for a Goal. When they hit the goal, celebrate the saving, not just the thing.

Want the Day to Come Sooner?

There are only four levers, and you control all of them:

  1. Buy it used or “like new.” Usually the single biggest jump — often 30–50% off the same item.
  2. Wait for a sale. Most things go on sale at a predictable time of year.
  3. Add more money each week. One extra job can cut the wait in half.
  4. Start with more. Birthday money counts.

The first two are worth a whole page of their own: which things hold their value, when each kind of item goes on sale, where to look, and how to shop safely with a parent. Read Finding the Best Price next — then come back and run these numbers again with the used price.

Back to Money Questions for Kids · See what happens when saving never stops: the compound interest calculator.

References & Resources

  1. CFPB: Money as You Grow — Savings activities for kids and parents.
  2. Sales tax varies by state (roughly 0–10%); the 7% option here is a safe everyday estimate. Educational tool only.