Maybe you want to buy a CD burner or travel to Europe this summer. Maybe you're planning to move out next year. How can you set money aside for your plans?
Some goals can be achieved in the short term, like going to the movies or an evening out with friends. Other goals require a long-term commitment. You have to plan ahead to attain them.
Start by determining your financial goals.
- Identify how much money you need to save and how much time you have to do so.
- Make a list of your financial goals, in order of priority
- From time to time, ask yourself if.
- your objectives are still realistic;
- changes in your financial situation call for changes to your goals.
It's a fact: writing is remembering. Write down your objectives to motivate yourself!
Using the table below as an example, make a list of your financial goals for this year:
| Goal | Cost | Time | Weekly savings |
| Snowboard | 500 $ | 40 weeks | $12,50 |
| Driver's education course | 370 $ | 30 weeks | $12,35 |
Now calculate how much money you have to put aside to reach your goal.
These two tools can help you identify and fulfill your goals: My goal and My journal.
