Set and Reach Savings Goals
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Concrete goals make saving easier because you know what it is for.
The key points
- Define the goal, amount and time frame.
- Calculate the monthly amount from that.
- Set up an automatic transfer right after payday.
- Make progress visible.
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A savings bank that shows the amount you have put in. Visible progress can keep you motivated.
Bottom line
The step you will probably feel first: define the goal, amount and time frame. Start with one point, check the result after a few weeks, then build on your plan.