
Set Goals
Goals are a great first step. Whether you're saving for your next holiday, your wedding or your retirement, identify what your goals are. Then break them down into short and long term targets. If your goals are longer term, such as retirement, you may want to consider investing in higher interest accounts where access to your money can be restricted. If they're shorter term, like home repairs, choose an account that gives you immediate access to your money.
Not sure where to start? Find some useful information about life events and goals at the FSA.
Financial terminology can be confusing. Let our Jargon buster help you make sense of it.