Setting a savings goal

A clear savings goal makes saving easy. When you know the amount and the timeline, you also know how much to save each month.

You will need

• A goal and an estimate of the amount
• Budget

Steps

1. Decide on the goal

   What are you saving for: a holiday, a car, a home or a buffer?

2. Estimate the amount

3. Set a date

4. Calculate the monthly amount

5. Check your budget

6. Automate

7. Track your progress

8. Celebrate milestones

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