What's your top savings goal?

Question

Do people even have savings goals? I mostly use the "money pile" approach of stashing as much as possible into my Savings Account and then trying to be frugal with it. But I know that setting clear goals with your money (as with most things) can be helpful in staying on track.

I'm curious what (if anything) other markers are saving for!

Eric Marthinsen · Accepted Answer

Avoid a savings account, inflation will just eat it away.

My goal would be savings - investments, really - that throw off more cash per month than my monthly expenses. So, it's a combined goal of increasing the amount invested and decreasing expenses.

What's your top savings goal?

Replies