Financial Health Steps – #17: Save for your goals — NMBankruptcyBlog.com

This is the 17th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website.

Here’s from their Step #17:

Most likely, reaching your financial goals will require you to commit to saving.  That is one reason saving is an essential part of any money management plan.

There are some simple ways to increase your savings, such as making it automatic, like having your bank transfer $25 a month from your checking account to your savings account.  It’s not only “done,” it’s “out of sight, out of mind” in terms of your seeing it in your checking account and thinking it is available to spend.  The post includes other ideas, as well.

Earlier posts in the series: #1: Commitment to change, #2: Assess your financial situation, #3: Clearing out financial clutter, #4: Set yourself up for success, #5: Get copies of your credit reports, #6: Clean up your credit report, #7: Make your money count, #8: Identify your starting point, #9: Do You Pass the Debt Test?, #10: Set your priorities, #11: Set SMART financial goals, #12: Set short-, mid-, and long-term goals, #13: Paying down debt is a smart financial move, #14: Expect the unexpected, #15: Securing your financial future, #16: Make a commitment

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