Setting goals today will help you accomplish things in the future. Decide what you truly want to do with your money, set a goal for it, and enjoy working to achieve your goal. Here are some tips to help you in goal setting:
- Be specific about the term/length of your goal and how much money it involves. If your goal is to build an emergency fund of $2,500, determine how long you will take to achieve your goal and how much you’ll save each month.
- Write them down. Your goals will become more real once you write them down. Better yet, post your goals in a visible place where you will always be reminded or what you are working to achieve.
- Share your goal with a friend or family member. Sharing your goal with a trusted person helps you stay accountable and gives you the extra push you might need to stay on track if you get discouraged.