Money Ages 18 to 25

Saving for a trip: a lesson for ages 18 to 25

Saving works best with a goal, a weekly amount and moving the money first. Track your progress to stay motivated.

Practice this lesson Watch the video

The situation

You want to save for a trip with friends in a few months.

Every week, small purchases eat up your extra money.

What would you do?

  • Set a weekly savings amount and move it right after payday.
  • Save whatever is left at the end of the month.
See the recommended choice and why

Recommended choice

Set a weekly savings amount and move it right after payday.

Saving works best with a goal, a weekly amount and moving the money first. Track your progress to stay motivated.

Your next step

Pick a weekly savings amount and start this payday.

Words you can use

“I am saving for the trip, so I will skip this one.”

Sources

Lessons draw on guidance from these organizations. They link to it and do not reproduce it.

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