Its much more fun to save for planned expenses like a vacation, new car or a wedding. Figure how much you need and when you need it. Innovative websites such as SmartyPig can tell you how much to take out of each paycheck to meet your goal. SmartyPig will automatically deduct the amount you select for each goal, keep you on track with multiple goals, offer cash rewards, pay you interest on the money and even invite family to contribute to your goal. View the SmartyPig Site and look for the “Watch How It Works” Icon.
“A goal without a plan is just a wish.”
― Antoine de Saint-Exupéry