Creating a new habit starts with admitting a certain behavior is a problem and choosing to change it. Though you’ve taken the first critical step, learning how to ride it out for the long haul is the biggest battle.
SmartyPig.com also helps you track your savings goal by offering online accounts categorized specifically for your goal, whether it’s a vacation or a child’s college fund.
DO THE SAME THING EVERY DAY
Making a singular savings goal is great, but creating a lifelong habit should be your ultimate goal. One way to make your money-saving routine a habit is through repetition.
GET A SAVINGS BUDDY
Share your financial goals with a trusted friend or family member and ask them to help keep you on track throughout your journey, and confidently put you in your place if you start to stray.
When you successfully reach your three-month savings goal, for example, treat yourself to Starbucks or get together with friends to celebrate.