Comments on: Do You Save With a Specific Goal in Mind? https://www.onefrugalgirl.com/do-you-save-with-a-specific-goal-in-mind/ Earn, Save, and Live Joyfully. Thu, 02 Feb 2012 20:47:16 +0000 hourly 1 https://wordpress.org/?v=6.8.3 By: Bret https://www.onefrugalgirl.com/do-you-save-with-a-specific-goal-in-mind/comment-page-1/#comment-1657 Sun, 10 May 2009 20:11:00 +0000 http://www.onefrugalgirl.com/?p=593#comment-1657 When I was a kid, I just saved to save. I loved the feeling of just having money.

As an adult, I have always saved for a purpose. I saved for house, retirement and kids college funds and each had their own specific investment.

This is wise in order to maximize tax benefits and ensure the right types of investments are selected.

However, saving is always better than not saving, whether you have a specific goal or not. Sooner or later, you will need the money.

Your post has pointed this out brilliantly.

]]> By: Slinky https://www.onefrugalgirl.com/do-you-save-with-a-specific-goal-in-mind/comment-page-1/#comment-1639 Fri, 08 May 2009 14:33:00 +0000 http://www.onefrugalgirl.com/?p=593#comment-1639 O_O Huh. We are total and complete opposites when it comes to this. I always save FOR something. All my money has a purpose and all my purposes have end dates and final amounts.

None of it is set in stone, but I like to have at least a general idea for planning purposes. I like knowing that I’ll have the money for X saved by this time and Y saved by that time and in ten years I’ll have been able to do A, B, C, and D.

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