Reaching Your Short-Term Savings Goals
Setting money aside regularly can help you reach your objectives
The first step is to establish your goals and determine when you’ll need the money to fund them. Then set up a consistent savings plan and appropriate asset allocation. For example, if you want to put a down payment of $5,000 on a car in two years, you’ll need to save approximately $200 a month, assuming an average annual return of 3% in short-term investments. The suggestions below can help you stay on track.
A QUICK GUIDE TO SAVING
These actions can help you accomplish your short-term financial goals.
YOUR ASSET ALLOCATION