EarthOne saving steps

Step 1 – Set a goal

Know what you want and how much it will cost.
Example: iPod Shuffle 1GB = $60

Step 2 – Save every week

Work out how much you can save every week.
Example: $5 a week

Step 3 – How long will it take?

Now that you’ve set a goal and know how much you can save, work out long it will take to save.
Example: $60 ÷ $5 = 12 weeks

Step 4 – Reassess

Is this too long or sooner than you thought? If it’s too long, try and save a little extra each week. Even $1 makes a difference!
Example: $60 ÷ $6 = 10 weeks

Step 5 – Save smarter

If you get money on a regular basis, like pocket money for doing chores, put some of the money away into your savings account. This way you won’t be tempted to spend it and you’ll already have money saved to put towards your next goal.