Shaf
Verified member
Having a plan is good for every decision you take in life, and it is even more so for finances where you don't want to waste any opportunity to make more money.
Having a plan for your savings can take you a long way. A good savings plan should include how much you want to save, where you will get the funds from, how often you want to put in your savings and what you will eventually use the money for.
It should also include any plans to use the savings, all of it or part and what you will do to put the money taken out back in. It may sound counter to the goals, but Yiu may find yourself in a situation that warrants that, so having a plan to follow will help you stay on track.
It's also best if your plan is written out and has multiple copies in case you lose one.
Having a plan for your savings can take you a long way. A good savings plan should include how much you want to save, where you will get the funds from, how often you want to put in your savings and what you will eventually use the money for.
It should also include any plans to use the savings, all of it or part and what you will do to put the money taken out back in. It may sound counter to the goals, but Yiu may find yourself in a situation that warrants that, so having a plan to follow will help you stay on track.
It's also best if your plan is written out and has multiple copies in case you lose one.