Step Three
Work out your monthly savings goal
Breaking down your priority goal into mini monthly savings goals will make it feel a lot more reachable!
To set your MONTHLY savings goal, you’ll need your 5-Year Priority Savings Goal ( this is the goal you set in Step 2) and a calculator. Don’t worry, the maths is super easy!
Now…
1. Share your savings goal with your family.
Show them how you can only reach your dreams if you focus on your savings goal first.
2. Start a spending diary to track your spending.
This will help you to find ways to save more money.
3. Start making SAVING a Habit.
Use your diary, to help you better understand your spending habits, so you can make small savings every day!
Congrats! You’ve completed all 3 steps!
Check out our Save Every Day Guide for help with reaching your monthly savings goal…
