2. Be realistic
It will be difficult to reach your financial goals if you set the bar too high. Make sure to aim within your financial reach. For example, if you set a goal to save 15% of your income, but you’re drowning in debt, you might want to lower that percentage, so you’ll have enough left over to pay your bills and meet basic living expenses without significant strain.
When it comes to saving money, start out slow, and stay within your ability. If you try to do too much too soon, you’ll only set yourself up for disappointment. Consequently, you’ll be more likely to give up prematurely. Set small, reachable goals.