Do you have any failed saving goals and what were the reasons to the failure?

[Stardom22]

Because saving of money regularly has become so difficulty in our times. So do you have any saving goal that you never accomplished and what were your reasons behind the given failure?

 

[gwolf666]

I completely understand your point. In my case, one of the savings goals I never managed to achieve was to save up an emergency fund that would cover six months of expenses. The main reason was a lack of discipline and proper planning. Every time I managed to save some money, unexpected expenses would arise, such as repairs, urgent purchases, or social events that I felt I couldn't turn down. Another factor was the lack of a concrete method for separating that money; I kept it mixed in with my daily expenses, which made it easy to spend it without realizing it. Additionally, I underestimated the importance of setting small, realistic goals; I wanted to reach a large number too quickly, and not seeing it progressed demotivated me. This experience taught me that saving isn't just a matter of willpower, but also of strategy, discipline, and consistency, breaking down large objectives into smaller, manageable ones.

 

[eLdavis]

Yes i have various saving goals that i failed, and the reason for that is that i had so many expenses i had to deal with making it really hard to also save at the same time.

 

[Springtime]

I have not experienced any failed saving goal because I have the habit of putting a portion of my earnings into my bank account. But since I am a freelancer, the amount of each amount fluctuates.