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How to Set a Financial Goal

We all have goals we want to achieve, but it’s easy to postpone working toward them while waiting for the “right moment” to get started. Sound familiar? 

The truth is, you don’t have to wait for the New Year, the beginning of the month, or your birthday to set, or get started with, a financial goal! 

Goal-setting should be fluid, something you think about for not only your BIG plans but the small ones too. Mint makes it easy to create new goals and track your progress as you work towards it. Here’s how to use the Mint app to start one for yourself: 

Steps to create a savings goal (iOS)

  • Open the app and navigate to the “Monthly” tab
  • Tap on “create goal”
  • Select the type of goal you want to set (rainy day fund, home, something else)
  • Name your goal to make it personal to you
  • Set the $ amount you want to save
  • Set when you want to accomplish your goal by
  • Select the account that you’ll be saving with
  • Set how much you think you can save per month
  • Congrats! You’re on your way to achieving your goal. Simply track your progress on the “Monthly” tab

Steps to create a debt paydown goal (iOS)

  • Open the app and navigate to the “Monthly” tab
  • Tap on “create goal”
  • Select the type of goal you want to set (conquer my loans, crush my credit card debt)
  • Select the accounts you want to include
  • Set the $amount you can contribute each month to your goal
  • Set when you want to accomplish your goal by
  • Select the account that you’ll be paying with
  • Set how much you think you can pay per month
  • Congrats! You’re on your way to crushing your debt. Simply track your progress on the “Monthly” tab

Setting a goal for yourself is the first big step in making it happen, but it doesn’t stop there. Your goals are flexible just like your life, meaning they can and will change as time goes on. 

That’s why it’s important to keep checking in with your goals in order to track your progress and update them as your needs change. You’ve got the vision — Mint just helps you stay on track to make it a reality. 

This post on TessMore FinanceHow to Set a Financial Goal with Mint was also published on MintLife Blog.


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