As you decide on your New Year’s resolutions, think SMART—financial goals that are specific, measurable, attainable, realistic, and time-oriented. Here are some examples of financial goals for different generations:
Collect your change. Each time you buy something, save money that you get back. Deposit the change in a container at the end of every day. Over time it could add up to a significant amount of money.
Save your allowance. Whether you want to buy something you’ve been eyeing for months or you want to start saving for college, the only way you are going to do it is by putting your allowance away.