MODULE 3

3. Identifying Your Goals

The Importance of Getting Excited

Looking forward to meeting certain goals can be a huge motivator to save money. If you focus on the end results, you’re more likely to remain positive and stay on track with your money goals. There are several ways to accomplish this:

  • Get specific. Take those broad dreams you have and try to narrow them down. Sure, traveling sounds fun! But where exactly do you want to go? And when? Okay, you want to buy a new vehicle. What type, and what color?

  • Write them down. Studies show that people are more likely to meet their goals if they write them down first. It’s easy to keep them in the back of your mind, but seeing them in front of you takes it to a whole new level. Use page 10 in your workbook to start making your dreams a reality.

Your Challenge for This Week…

Separate your savings account into sections. Create your emergency savings fund, and then include your other specific goals. Give yourself a timeline. Imaging yourself reaching those goal numbers and finally getting those rewards.