Figuring Your Goals and How You Pay for Them….

We all have goals…. purchasing a home, travelling, buying a car, college, a wedding etc.

These all cost money, and that said, we should start saving for our goals.  Organization of saving for different things is important and the simple way to do this is separately.  Open bank accounts and each paycheck add something to each.  This way, you see where you are with the amount you’ve saved versus the amount you need for a particular goal.   It will also prevent you  from using money intended for a particular goal and when you need it, it’s not there….aka: robbing Peter to pay Paul.

A good idea is to put you goals in order of importance….. and of course, sometimes plans change and the goals can (and should) be shuffled around.  The idea is to add to each ‘goal account’ every paycheck…. direct deposit is a good idea as it will automatically be deposited and ‘what you don’t see, you don’t miss’.

The important thing is to save….. every penny counts….. It’s Common Cents!