Wednesday, March 1 | Saving For Major Milestones
How do you save for the big things, like homeownership, retirement, and education, when saving for the small things is difficult? Saving for competing priorities can feel overwhelming, but there are ways to break these big goals down into reasonable, practical steps even if you aren’t where you want to be financially.
Today is day 3 of America Saves Week and we’re focusing on saving for major life milestones while not abandoning your other financial needs or wants.
Today, we encourage you to:
Get a clear view of your financial landscape
Establish or revisit your Spending and Savings Plan
Learn a practical approach to saving for short, mid, and long-term financial goals
(P.S. Register for America Saves’ LIVE workshop today where they break this all down right alongside you.).
Additional Resources from our friends at America Saves to support you today:
BLOG POST: Saving for Competing Priorities
BLOG POST: Saving for Major Milestones When You’re Young & Just Starting Out
PODCAST EPISODE: Saving for Major Life Milestones
With the current economy, it’s no doubt that setting aside funds for major life events can be challenging. Check out this video about Sarah, a Military Spouse, as she breaks down her savings journey.
Today we want you to recognize that your current situation will determine when and how you are able to start saving. Identify your money story with America Saves for encouragement, accountability, and support along the way!
Looking for Veteran and Military specific resources? Check out these resources:
Saving for major milestones is another type of savings plan altogether and yet it may be one of the most important types of savings plans we make. If you're one of the many military families have already started planning for long term savings milestones, we applaud you! But for those who have still yet to take that step or those who haven't yet maxed out where you want to be, take that step today.
"The best time to plant a tree was 20 years ago; the second best time is now." -Anonymous
Are you ready to take the next step? Join Warrior Wives as we Take the pledge to save and start setting your first goal.
Remember, we are still here cheering you on. Don't forget to come back tomorrow, because you'll find that Paying Down Debt is Saving!
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