Almost everyone has some kind of savings goal in mind. Whether you’re saving up for a new car, a down payment on a home, a vacation abroad, your retirement, or even just a rainy day/emergency fund, it’s a good idea to have a firm plan in place to help you track exactly where your money is going and how much of it is ending up in your savings account.
We’ve created a PDF chart to help you track your year-long savings goals at the 1 month, 3 month, 6 month, 9 month, and 12 month markers.
Start by coming up with a final total you’d like to reach by this time next year and enter that under the ‘goals’ box in the ‘One Year’ row. Then go back and break down how you’ll divide that amount up over the course of the next 12 months and enter it into the ‘goals’ box for 1 month, 3 months, 6 months, and 9 months.
As you start saving, come back to the chart and fill in the blank beneath the ‘goals’ category with how much you’ve actually managed to save. This will help keep you on track and let you know how close to your final savings goal you are.
Download your own free copy of our chart below and happy saving!
What is your savings goal and how do you plan to achieve it? Let us know in the comments.