Savings Goals

Setting Your Savings Goals

To help you begin your saving journey, we've gathered some advice about setting savings goals that could be really helpful.

Your savings goals should be SMART: Specific, Measurable, Achievable, Relevant, and Time-bound. This means you need to know exactly what you're saving for and why (specific), figure out how much you need to save (measurable), make sure it's something possible to achieve (achievable), make sure it matters to you and your situation (relevant), and set a realistic deadline to reach your goal (time-bound).

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