One of the best ways to save money is to set a goal. Start by thinking about what you might want to save for - both in the short term (one to three years) and the long term (four or more years). Then estimate how much money you’ll need and how long it might take you to save it. Your savings can be the answer to a number of your goals. You can buy a house, accumulate funds for retirement or purchase a vehicle. You can secure your future, indulge in the best of things that life has to offer and live a very fulfilling life.