Lesson 1: Savings Goals

Welcome to your first day of the LRC Course: Savings Edition!

This week we’re tackling your Savings Mindset. It doesn’t matter how much money you make; if you don’t have the right tools, attitude, or knowledge about saving, you won’t be able to stack your coins.

For the first day of this Challenge, I want you to identify your specific savings goals. For example, “I want to save $600 in six months”. Write your goals down and place them somewhere where you will see them every day to keep them in the forefront of your mind. Then share them with someone you trust. Feel free to share them in the COMMENTS below vs. emailing me. I’d love to read them.

For your goals to be most effective, make sure they answer these three questions:

1. What? (“I will save $600.”)
2. When? (“I will save $600 by October 16th.”)
3. How? (I will save $600 by October 16th by reducing my phone bill and packing my lunch for work each day.”)

I’ve partnered with my amazing friend, Tonya Rapley of MyFabFinance to create the ultimate goal sheet. You can get your FREE copy The Goal Sheet.

What’s next? Choose an accountability partner or partners. I highly recommend that you choose a partner or organize a group of people who are also participating in the Challenge so you can work together through the tasks.

If you can’t find anyone, reach out to other Dream Catchers (the name I’ve given folks that are working on the Challenge). You can find us at our private Dream Catcher’s group. If you’re not yet a member join us HERE:

Why is Day 1’s task so important?

• Reason #1 – Putting your goals on paper gives them power.

• Reason #2 – Keeping them somewhere visible serves as a constant reminder.

• Reason #3 – Sharing them with others will hold you accountable (you can share them in the comments below as well vs. emailing me) 

So, let’s get to it!

Write down your goals, identify your accountability partner, and share what you’re saving for with your network and with me in the comments vs. emailing them.