3 Tips to Stay Motivated and Reach Your Savings Goal

Savings goalIt can be hard to stay motivated to reach a savings goal. All it takes is one or two bad days and your entire savings plan can be thrown off track. There are so many impulse buys offering instant gratification that it can be hard to stay on track. It’s also human nature to seek short-term gratification over long-term benefits.

Fortunately, strategies exist to help. If you are serious about reaching your savings goal, here are 3 tips to help you stay motivated.

Know Your Goal

If you have a specific savings goal you are trying to reach, it makes a lot easier to stay motivated. If you are just trying to ‘save more,’ you can fall off track quickly. So pick a number that you think you can reach and whenever you are tempted to overspend, remind yourself of what you want and why.

Make Today Matter

It’s important to focus on small steps you can take every day to make your savings plan concrete. Whether it is forgoing a coffee, buying store brand items at the grocery store or bringing your own lunch to the office, these daily actions provide the foundation that you can build off of.

Give Yourself Breathing Room

When you are creating a plan to help you save more and finding an ideal goal to work towards, it can be tempting to try and save as much as possible. But by doing so, you are only setting yourself up for failure. You need to give yourself for some financial breathing room because sometimes it is worth spending today.

If you want more help reaching your saving goals, see how to save on meats at the supermarket.

If you are a regular at the grocery store or pharmacy, you’ve probably gone through this debate in your mind:...
There’s no refuting the fact that from the minute we get up in the morning to the minute we retire...
DIY doesn’t always mean making things in your home look better. There are plenty of DIY home repair projects that...
Typical Moving Costs You Should Prepare For Moving into a new home is an exciting endeavor. Unfortunately, it can also...
Every winter, you’re likely to find your family suffering from cabin fever at some point. It could be the weather,...
Moving is always an expensive endeavor, but no matter how much you save, it always seems that the cost of...
Navigation
Google+ Twitter Facebook


Northcash is an economic arm of the Fort Belknap Indian Community, a federally-recognized Indian tribe located in Hays, Montana. The Tribe and its businesses have governmental sovereign immunity and have not and are not waiving that immunity for any purpose associated with the consumer lending business of Northcash and therefore Northcash is not subject to suit by you or any third-party for any reason. CAUTION: IF YOU ARE NOT COMFORTABLE DOING BUSINESS WITH A SOVEREIGN INDIAN TRIBE THAT IS NOT SUBJECT TO SUIT, YOU SHOULD IMMEDIATELY DISCONTINUE USING AND ACCESSING THIS SITE. We may from time to time in our sole discretion and without notice to you modify the terms of this Agreement and/or change the rules that govern your use of our Site.

Who is providing this notice?

North Star Finance, LLC d/b/a Northcash, an economic arm of the Fort Belknap Indian Community.

This is an expensive form of borrowing, and it is not intended to be a long-term financial solution. Northcash loans are designed to assist you in meeting your emergency borrowing needs. The Annual Percentage Rate (APR) applied to your loan will vary depending on the pay period with the maximum APR on any Northcash loan being 795%. This is a term installment loan with approximate equal payments, but you have the right to prepay at any time. Any instances of late or non-payment may be subject to additional fees, such as NSF and late fees, as well as collection activities Before borrowing, we ask that you assess your ability to repay the amount you borrow.

You acknowledge that by submitting and completing the loan application that you are applying for a loan. We verify loan applicant information through credit reporting agencies such as Clarity, Factor Trust, and DataX. We may obtain your credit information in order to determine your eligibility and ability to repay.

Northcash does not lend to residents of Arkansas, California, Georgia, Maryland, Minnesota, Montana, New York, Pennsylvania, Virginia and West Virginia, or to members of the military or their dependents.

The availability of online installment loans are subject to change at any time at the sole discretion of Northcash.


OLA Badge