Spring Forward… Money Management Tips – Day 33

Want to save money? Set financial goals. Goals provide a purpose for saving. The more specific a goal, the easier it is to determine how much savings is required.  You simply work backwards to break a large goal into small pieces. For example, that $15,000 car in 5 years requires $3,000 in annual savings or about $58 per weekly paycheck. Join America Saves and become an American Saver at http://bit.ly/gliVkL.

For more information or to comment on this blog, contact:

  • deborah.killam@maine.edu