Step 1Set your goals
It is very important to first sit down with your household members and decide what is most important to you when it comes to money. Once you define these goals, we advise you to put them in writing, which will give greater weight to this plan, and make it harder for you to forget about it.
Start with your short-term goals, which you can achieve by saving up over the course of a year. For example:
GOAL: Repay your overdraft limit (on your credit card) in order to get rid of that eternal debt which never seems to go down, despite you paying it off each and every month.
|GOAL 1||TOTAL AMOUNT||FINAL DATE||No. OF MONTHS||NEEDED MONTHLY|
|Credit card debt||26.000 RSD||March 2018.||12||2.167 RSD|
|GOAL 2||TOTAL AMOUNT||FINAL DATE||No. OF MONTHS||NEEDED MONTHLY|
|Car registration renewal||21.500 RSD||March 2018.||12||1.792 RSD|
|GOAL 3||TOTAL AMOUNT||FINAL DATE||No. OF MONTHS||NEEDED MONTHLY|
|Save up for a rainy day||24.000 RSD||March 2018.||12||2.000 RSD|