Synergy Cents With Penny D. Pelican | Setting A Savings Goal

Have you ever wanted to buy something but didn’t have enough money? Maybe you wanted a new pair shoes or a new game console? In order to buy an item you don’t have enough money for, you may have to save your money for several months or even years.

The best way to save for something is by first setting a savings goal. A savings goal is the amount of money you plan to save each time you earn income. Some people save a set dollar amount each time they are paid, while others may decide to save a percentage of what they earn.

No matter what amount you decide to set aside, sticking to your savings goal ensures that you’ll have enough money in no time!