? You might want to travel or start a family. No matter how much you may want to have something, you will not acquire it if you cannot pay for it.Togather the funds, you need to plan carefully—and have self-discipline along the way. If you are saving or investing to meet a goal that will make you happy and financially secure, the sacrifices you make will be worth it.A savings or investment plan starts with a specific, measurable goal. For example, you may want to save $15,000 to make a down payment on a house five years after graduating from school. To reach that goal, a savings account provides safety but does not increase in value quickly. An investment may be safe or risky and increase in value slowly or quickly—or it may lose value.You might also decide that you should begin saving money in an emergency fund—a savings account that you can access quickly to pay for unexpected expenses or emergencies. For example, if you had to pay for an unexpected car repair or if you lost your job, you could use the money you put away in your emergency fund.
