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Smart Goal
I will save 20 percent of my paycheck for the next 2 years to buy a new car with better gas mileage because the opportunity cost of saving for a new car is greater than spending it on entertainment. -
I start saving 20 percent of my check.
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I choose to skip the premier of the new Jesse Owens movie to save money against.
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I am halfway to my goal and have successfully saved 20 percent of my paycheck for one year. I have one year to go.
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I am ready to purchase my car and have saved up 22,000 dollars to buy it.
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I am offered a discount on a cruise and I choose to turn it down to stay on track.