Money Saving Monday: Set Financial Goals

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*Every Monday throughout 2014 I will be sharing Money Savings Tips to help expand your budget!

The first Money Saving Monday tip is a simple one: Set financial goals. If you haven’t already, set at least one financial goal this year. Also, make sure your goal is attainable and measurable. Please set your financial goal to be beyond “save more money”. How much money would you like to save? Where would you like to be financially for 2015? What would you like to accomplish?

“People with goals succeed because they know where they’re going” ~Earl Nightingale

Write down your financial goal(s) and make steps to make it happen in 2014! For example, a previous financial goal of mine was to save money for a down payment for a house. We  got rid of cable, ate out less and kept a tight budget to help save as much as possible to meet our financial goal, which actually happened quicker than we had planned!

Having financial goals gave us something to look forward too, a purpose and accountability for our tight budget. It was a lot easier to digest that frozen pizza or cook dinner after a long work day instead of going out to eat knowing that my sacrifice was for my own home in the future!

Find a financial goal, write it down, and make steps daily to make it happen! Hope you will make financial goals this year– whether they are large or small. Do you make financial goals and do you see a difference?

Do you have a financial goal for 2014?

Frugality Gal

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