Playing sports -like football, soccer or hockey - is fun, but it's more fun when you score a goal. In the same way, saving money without having a goal is like playing a game without scoring a goal. No fun! You should set goals for your money so that when the time comes to buy something you need or want, the money will be there.

There are two kinds of savings goals; short-term goals and long-term goals.
Having a short-term goal means you're saving for something like a pair of new shoes, a toy, or a movie ticket. These are things you can buy after saving for a year or less. Right now, decide what you are saving for, then draw a picture of it.

Having a long-term goal means you're saving for more expensive things, such as a special camp, a video game, a computer, or even college. Right now, decide what you are saving for, then draw a picture of it.

Put these pictures somewhere you can see them; when you look at them, you'll be reminded about your goals. Keep putting money in your SAVE jar, or in the SAVE slot of your Money Savvy Pig. When you have enough for your short-term goal, think about whether you still want to buy it, or whether you want to keep saving instead. You may even wish to open up a savings account at a bank so that your money will grow by earning interest. To learn more about interest, visit the Money Savvy Generation site.