Goal setting is important to budgeting success, and life in general. It’s hard to stick to a budget if you’re not working toward a goal. That goal can be as simple as paying the bills on time, paying cash for next summer’s family vacation, or big like retiring comfortably and still putting the kids through college. Having one also helps measure how well your budget is working for your family.

Whether a particular goal is financial or not it is important to check-in and make note of the progress made, celebrate wins, and acknowledge any setbacks. If your family does monthly budget meetings this would be a great time to address progress. You can get support, encouragement, and accountability at the same time!

I love having an end result in mind to keep me focused; I stay on top of our budget and work diligently to save money wherever possible so I can continue to stay home with our kids longer.