Cost of Saving

What does waiting cost?

Putting something off costs nothing today. The question is what it costs later. Pick what you are putting off and answer the questions.

Your numbers

Money can be typed as 79, $1,200 or 25k. A chance as 8%, 1 in 12 or 0.08.

    Show the working

    How this answer was worked out

    What this cannot tell you

    • Your real chance. The answer is only as good as that number, so look for repair, claim or success rates for your exact case.
    • The fine print: excesses, exclusions, late fees, and cover you may already have through a card or an employer.
    • What it is worth to you beyond money: peace of mind, convenience, or the fun of playing.

    The examples use round, illustrative numbers. Every formula is on the formulas page.