Skip to main content

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.


MintLife Blog https://ift.tt/3zSIi80

Comments

Popular posts from this blog

Everyday Items That You Can Recycle for Money

Why toss things in the trash when you can recycle them — and make a little money in return? By diverting certain items from the waste stream and keeping them out of landfills, you can also make extra money or help out worthy causes. From scrap metal to ink cartridges, bottle caps to construction materials, you can recycle a huge variety of items in exchange for cash. We’ve also included information on how to recycle items for the sake of good will. Ready to see all the different things you can recycle for money? How to Recycle Household Items for Cash First, you’ll need to find a recycling center or collection point that is looking for what you want to get rid of. While the goal is to make money, you might settle for a donation — which could be tax deductible — if it means clearing out the garage. The collection center will also let you know how to prepare items to their specifications. Find a Collection Point To find a recycling center near you, head to Earth911.com and plug in

Fizz Debit Card Review: A Credit Builder for College Students

If you’ve struggled with poor credit or are completely new to credit, you know how hard it can be to build a strong credit score. The lenders who offer the best credit products and the lowest interest rates seem only to want to deal with clients with excellent credit. But how do you build credit without debt ? To help, an increasing number of fintech companies are developing credit-builder loans and other products to help people establish or rebuild their credit. Some are more successful at it than others. In this Fizz review, I’ll explain how one company aims to help college students build credit and create healthy financial habits. But how does Fizz work, and is it safe to use? I’ll answer those questions and more in this Fizz review. Table of Contents What Is Fizz? How Does Fizz Work? How Does Fizz Make Money? Key Features of Fizz Build Credit Control Spending Earn Rewards Learn About Money Pros and Cons of Fizz Fizz Alternatives Extra Debit Card Sesame Cash

How to Ask Your Manager for Feedback (& easily impress them)

Your manager is either your greatest friend, or your biggest obstacle. No matter where your manager stands on this spectrum, getting feedback from them is going to be a valuable resource for your professional growth so this is something you should be doing consistently at work if you want to get more promotions and raises. […] Source from I Will Teach You To Be Rich https://ift.tt/XNUxhGu