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Why You Need To Set A Savings Goal

As Tip Yourself Members, we’re not like everybody else. We know the secret to money isn’t about charts, graphs and numbers the Personal Finance Industry likes to focus on.

We’re different. We know the secret to money is habits and priorities. That’s where Savings Goals come into play.

I’m sure you’ve been told before that you need to set some money goals, but why?

The reason you set savings goals is to keep your priorities in focus.

Your savings goals help you define what’s important to you.

When you know your priorities, saving money is no longer a sacrifice. It’s a matter of setting priorities. It’s a matter of deciding what you want more. It’s making a choice not a sacrifice.

What’s more important, some takeout food tonight or that vacation you’re planning? What’s more important, some impulse online shopping or becoming debt free?

What’s more important?… Answering that question is why you set savings goals.

So what are your goals? Are they clear? Keep them in mind next time you’re tempted to lose focus.

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A lifelong student of habits and behavior change. Mike is the CEO and co-founder of Tip Yourself, a mobile app and community focused on saving money through positivity and small shifts in habits.

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