Setting goals to save money

By You and Money

When you have a goal in mind you’ll also want to know how long it will take you to reach it. All you need to do is follow these simple steps.

  1. Write down your ‘goal’ (for example a new video game) and how much it costs.
  2. Write down how much money you can save each week
  3. Divide your ‘goal’ by your weekly savings. This will tell you how many long it will take you to save and reach your goal. For example:

Goal $100

Weekly savings $10

Goal reached 10 weeks

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