Lesson 4: Saving for Your Goals - Template
Goal Identification Worksheet
Short-Term Goals (1-2 years)
Goal Description | Target Amount | Target Date | Months Until Target | Monthly Saving Required | Priority (1-5) |
£ | £ | ||||
£ | £ | ||||
£ | £ |
Medium-Term Goals (2-5 years)
Goal Description | Target Amount | Target Date | Months Until Target | Monthly Saving Required | Priority (1-5) |
£ | £ | ||||
£ | £ | ||||
£ | £ |
Long-Term Goals (5+ years)
Goal Description | Target Amount | Target Date | Months Until Target | Monthly Saving Required | Priority (1-5) |
£ | £ | ||||
£ | £ | ||||
£ | £ |
Savings Vehicle Selection
Goal 1: _______________________
Savings Vehicle Options | Pros | Cons | Interest/Return Rate | Selected? |
% | â–¡ | |||
% | â–¡ | |||
% | â–¡ |
Selected Vehicle: _______________________ Account Provider: _______________________ Account Details: _______________________
Goal 2: _______________________
Savings Vehicle Options | Pros | Cons | Interest/Return Rate | Selected? |
% | â–¡ | |||
% | â–¡ | |||
% | â–¡ |
Selected Vehicle: _______________________ Account Provider: _______________________ Account Details: _______________________
Goal 3: _______________________
Savings Vehicle Options | Pros | Cons | Interest/Return Rate | Selected? |
% | â–¡ | |||
% | â–¡ | |||
% | â–¡ |
Selected Vehicle: _______________________ Account Provider: _______________________ Account Details: _______________________
Sinking Funds Planner
Expense Category | Annual Cost | Monthly Contribution | Account Location | Auto-Transfer Date |
Car maintenance | £ | £ | ||
Home maintenance | £ | £ | ||
Annual insurance | £ | £ | ||
Holidays | £ | £ | ||
Christmas | £ | £ | ||
Birthdays/Gifts | £ | £ | ||
Technology replacement | £ | £ | ||
Other: | £ | £ | ||
Other: | £ | £ | ||
TOTAL | £ | £ |
Savings Automation Plan
Automatic Transfers
From Account | To Account | Amount | Frequency | Transfer Date | Purpose |
£ | |||||
£ | |||||
£ | |||||
£ | |||||
£ |
Savings Acceleration Strategies
Strategy | Implementation Plan | Potential Monthly Impact | Start Date |
£ | |||
£ | |||
£ |
Savings Progress Tracker
Goal 1: _______________________
Target: £_______
Progress: [_____________________________] £0 → £_______
Date | Deposit Amount | Balance | % of Goal Completed | Notes |
£ | £ | % | ||
£ | £ | % | ||
£ | £ | % |
Goal 2: _______________________
Target: £_______
Progress: [_____________________________] £0 → £_______
Date | Deposit Amount | Balance | % of Goal Completed | Notes |
£ | £ | % | ||
£ | £ | % | ||
£ | £ | % |
Goal 3: _______________________
Target: £_______
Progress: [_____________________________] £0 → £_______
Date | Deposit Amount | Balance | % of Goal Completed | Notes |
£ | £ | % | ||
£ | £ | % | ||
£ | £ | % |
Milestone Celebration Plan
Goal | Milestone | Celebration Activity | Estimated Cost |
25% | £ | ||
50% | £ | ||
75% | £ | ||
100% | £ |