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Plan To Save


the Shape of Money believes that one of the keys to successful saving is having and following a savings plan.

Why? Planning is one of the universal secrets to being successful at anything, whether a career, sport, or financial wealth. But, specifically, planning will help us to

  • Make our financial goals explicit,
  • Turn our bus-stop dreams into tangible, real options,
  • Measure our achievements,
  • Tell us both how far we've gone and how far we have to go, and
  • Control our own destiny.

Once you've agreed on the components of a plan, write them down; committing them to paper will help monitor your successes.

The components of your plan should address the following questions:

  • Your savings goals: What is it you're actually saving for?
  • What is the timeframe for achieving your goals?
  • How much do you need to save?
  • What actions do you need to implement in order to achieve those goals?