GOAL SETTING
Setting financial goals, doing a budget and saving for those goals go hand in hand. Your budget shows you how much you can save and your financial goals form the basis of your savings plan.
Set Financial Goals
Think about your goals and what you want to achieve financially over a period of time, be that short term, medium-term or long-term goals. Whatever your circumstances, by working out your financial goals and starting a regular savings plan, you can begin to make your dreams become a reality.
1-2
Years
(Short-term)
3-6
Years
(Medium-term)
7+
Years
(Long-term)
Setting goals is just like having a destination and a budget is the road map to get there. This Budgeting and Goal Setting video provides some easy to follow tips and tricks to help get you started or back on track with setting your financial goals.
Keep track of your goals
Saving is easier than you may think. The trick is to start small and start now. Set your goals, create your savings plan and transfer savings to a separate account.
If you want to keep track of your progress, try our PennySaver App. It allows you to set your goals, add a picture to motivate you, and links in with your budget.

What are you saving for?
Your goal could be as simple as getting organised and putting some money aside for emergencies. Or you may want to go on a holiday, buy a house or car, or afford a comfortable retirement. Here are some additional helpful tips and examples to help you achieve your goals.