As I talked about on Wednesday, I have some very
aggressive savings goals for the year.
We set
aggressive savings goals for the year and tweak our behaviour / spending to match.
Many consumers may be setting more
aggressive savings goals as Americans say they attained an average of 92 % of their savings goal for 2015 (vs. 75 % in 2014).
Your fun money can be any amount, originally my fun money was $ 100 a week and then I reduced it to $ 50 / week and now it is $ 25 / week because I have
an aggressive savings goal I'm working toward and reducing my fun money temporarily will get me there faster.
Not exact matches
If I'm feeling
aggressive about my
savings goals from time to time, I might decide to sweep the balance into my «C» or «D»
savings accounts below at month's end if anything remains.
Use your 40s to catch up from your cash - strapped 20s and 30s, and, you still have time to be
aggressive with your investments and
savings to pursue your financial and personal
goals.
It may be as easy as creating a spreadsheet to help determine a monthly
savings target, or maybe you want to get a little more
aggressive for a long term
goal and invest your money to hope for a higher return.
«Since they've implemented a frequent
savings strategy, they may find that an
aggressive asset allocation, along with its higher risk, isn't necessary to meet their
goals.»
It also provides a dose of reality in terms of trade - offs that may be necessary to achieve multiple
goals — for example, how buying a new car this year might delay buying a house and retiring, or how a lower
savings rate and less
aggressive investments now might affect paying for college in a few years.
«Once you have a grasp of your own finances you can decide how
aggressive you want to be with your
savings goal,» he adds.
You need to become
aggressive with saving because you know on a temporary basis you will get where you want to be by taking that temporary discomfort on the
savings aspect to hit your
goal quicker if you're looking to invest.