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S: I want to save money for a car.
M: I will save $1000
A: I will put away $50 from each paycheck
R: The opportunity cost is much better this way, then spending money on food and other stuff that I don't need.
T: I will do it by next January. -
Work more hours
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After every paycheck, put 50+ dollars aside into my savings account.
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Reduce spending at stores and restaurants to once or twice a month.
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Stop spending money on wants that aren't beneficial to me.
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Stop going out every weekend and driving everywhere, that will save money on gas.
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S: I want to reduce my student loans
M: Reduce them by an extra $100 per month
A: By not buying things that I don't need
R: This will help in the long run, the student loans will be stressful and it will help my well-being
T: I will do this in a 5 year span -
Live with parents for a couple months-don't have to spend money on rent
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Find deals and sales instead of buying designer clothes
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Get a steady, full time job
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Find a good apartment with a good price.
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Limit going out with friends and spending unnecessary money.
