Should you necessary have a goal before saving money.

[Axis]

It could definitely be necessary for an individual to have a goal or objective backing his or her activity of saving money. Yet it is not compulsory for an individual to have a goal or objective backing his or her activity of saving money and that is because whether we have a goal or objective the activity of saving money is definitely important. What we need most what we need most is the motivation to make sure that whatever amount of our income that we allocate for saving activities is of reasonable value and amount. Many people have various goals backing their financial activity of saving money, some of which include: to establish a business, finance an investment someday, or possibly to go for vacation. However all these goals and objectives isn't really necessary because the main reason why we need to save money is so as to be able to be financially equipped and secure about the future which is considered to be filled with unforeseen occurrences and untold circumstances which in most situations will always need the involvement of money to be definitely solved and be resolved.

There have been testimonies of individuals who have definitely made a lot and have totally saved themselves from facing various negativities and that is because they have saved money and abuse leads to better their lives at the end of the day. In addition, we must make sure that the amount of money that we allocate as our saving money must be of reasonable value and a reasonable amount if we want to accomplish our goals and objectives.

 

[Holicent]

You should not necessarily have a goal before saving money. It is good to have goals, but it is better to have no goal than to have too many goals.

The reason why I say that is because when you focus on one thing, you will be able to achieve it. For example, if you want to save up for a car, then you should focus on saving up for the car and not on other things such as getting a job or paying off credit cards.

The reason why I think that having no goal is better than having too many goals is because when you focus on one thing, then it becomes easier for you to achieve it. Instead of trying to do everything at once and failing at some of them, which could lead to failure in achieving your main goal which is saving up for a car, if you only focus on one thing at a time it will be much easier for you because your mind won't be confused with all these other tasks that need attention while trying to save up for the car.

 

[Carpon]

It is alright if you have a goal for saving and I will support the fact that you should have a goal for saving because that will in one way or the other even help you to save better and without having to go through moments when you will fail to save because you feel there is no need for doing what you are doing.

But I think it will be more disciplined for you to learn the habit of saving even without a goal. Savings are emergency funds and therefore you will not need to have a goal first before you can save.

But seriously I agree to the fact that having a goal while saving is very nice as it will help you to save without much stress and to do so without feeling as though there is completely no immediate benefit attached to what you are doing at the moment.

 

[Sotherefore]

I don't know about other people , but I believe this is absolutely necessary for us to have a goal of what they want in life before they save money because without these plans then you will not be able to take your saving plans serious .
you have to know what you want . so many people are saving money because they have something in mind to do with that money . A lot of people may be interested to buy a land for house building while other people may be interested to go to school with the money . With this plans it is very much easier for you to focus more and put all your energy to save money so as to be able to achieve all your plans. Well , that doesn't mean that you can't just save money like that without any plans but having the necessary plans does increase savings more.

 

[Kennysplash]

Yes if you're planning to save money especially for long time then you should have a goal for that money. This will make it easier for you to achieve your goal amount at the targeted time you have set for the goal. Even if you're not saving the what is specific target just give it a name you realise that it is quite easier for you because you know there is a goal at the end of the savings. So it is far better than just saving without a goal or an end product because you might give up in the middle of it or you might consider it as an important since you're just saving for nothing sake.
That is why it is important to name your goal for saving even if it is not important just give it a name and see how it works out for you easily.

 

[Mikes smithen]

Having a goal or objective to accomplish or to achieve can absolutely be a good motivation for an individual to save money but an individual who does not necessarily need a goal or objective to accomplish or to achieve one day before he or she can engage in the financial activity of saving money and the reason is because the whole idea of saving money is so as to be able to efficiently and effectively handle unexpected and untold future emergencies which especially will demand the use of military force is to successfully and efficiently handle

It is therefore important that an individual make sure to save money only for the use of emergency activities and not for the purpose of having a motivation to successfully implement Someday. It is reasonably important and very much necessary that an individual make sure to use the right amount of integrity to save his or her money there by having in mind and being very much convinced that the money he or she has saved will be used for future emergencies.