A goal like "save more" rarely works. A goal with a number, a date and an automatic transfer usually does.
Make it specific
- What it's for
- How much
- By when
- How much per month (or per paycheck)
Make it easier
- Name the account after the goal
- Automate the transfer on payday
- Review progress once a month
- Celebrate milestones in a small way
General educational information, not financial advice. Rates and fees change; check with your bank or credit union. Nickel Savings isn't paid by any bank or financial company.