How to Set Savings Goals | Britannica Money
Your savings goal plan should short-term, mid-term, and long-term goals. For example, you might build an emergency fund and fund your 401(k) plan in the short term, pay down college debt in the mid term, and save for a house and start a family in the long term. To help you get there, make a realistic budget and stick to it.
Source: britannica.com