Savings club calculator
Plan a san or tanda before you start it: see the pot per turn, how long the club lasts, and the date of every turn.
Your club
- Pot per turn
- $1,000
- Length of the club
- 10 months
- Each member pays in total
- $1,000
With turn 1
- Paid in by the time you receive
- $100
- You receive
- $1,000
- Still to pay afterwards
- $900
Schedule of turns
| Turn | Payout date | Pot |
|---|---|---|
| 1 (you) | Cycle 1 | $1,000 |
| 2 | Cycle 2 | $1,000 |
| 3 | Cycle 3 | $1,000 |
| 4 | Cycle 4 | $1,000 |
| 5 | Cycle 5 | $1,000 |
| 6 | Cycle 6 | $1,000 |
| 7 | Cycle 7 | $1,000 |
| 8 | Cycle 8 | $1,000 |
| 9 | Cycle 9 | $1,000 |
| 10 | Cycle 10 | $1,000 |
How the numbers work
A club has as many turns as it has members, so the number of members also decides how long it lasts.
The pot paid out in each turn is the quota multiplied by the number of members.
Over the whole club, every member pays in exactly the amount they receive. What changes is when: an early turn receives the pot first and keeps paying afterwards, a late turn saves first and receives at the end.