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How to Set Goals For Saving
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[QUOTE="moonchild, post: 286856, member: 57467"] In addition to what you have written here are some of the best ways to set goals for savings, number one is very important because without that all of the other steps are not attainable. 1- Start with a clear and specific goal in place, such as a specific amount pf money or percentage of income to save. 2- Create a realistic budget to track and monitor your plan's progress. 3- Prioritize your goals and prioritize saving towards your urgent goals. 4- Take advantage of automatic savings tools and strategies, such as setting up automatic transfers to your savings account, this will help in keeping you disciplined. 5- Revisit and adjust your goals regularly to ensure they remain realistic and achievable with your current financial situation. 6- Seek out and utilize resources and support, such as a financial advisor or a friend to keep you accountable and to help you stay on track with your savings goals. [/QUOTE]
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