Choose a Specific Savings Goal
You need to determine what you are saving money for. Your savings goal may be for a down payment on your home. You may be saving for a dream vacation or to pay for your next car. You may be saving for retirement or for an emergency fund. You may be saving for all of these reasons. Once you know what you are saving for, then you need to determine how much you need in order to reach each goal.
Create a Savings Timeline
When you have the savings goal and the amount that you need to save, it helps to set a timeline to reach your goal. This will give you additional motivation to actively work toward your savings goals.
Some timelines are simple; for example, you may want to go on vacation in a year or have the down payment for your house ready in two years. For other goals, such as saving for retirement or an emergency fund, you may want to set benchmarks and dates that you want to reach these benchmarks. For example, you may determine that you want to have $50,000 in your retirement savings account by the time you reach age 30.
FEATURES OF MONEY SAVINGS :
★ Know how much you have total saved.
★ Learn how much more you need to save to reach a financial goal.
★ Use your local currency
★ Daily, Weekly, Monthly Target
★ Completed Goal List