How to Set & Stick to a Savings Goal in 2026

A new year brings fresh opportunities. For many people, saving more money sits at the top of the resolution list. About 61% of Americans who make New Year’s resolutions say they focus on money or finances, according to Pew Research. 

But setting a savings goal is only half the challenge. The real win is building habits that help you stick to it, month after month.

Whether you’re saving for an emergency fund, a vacation, a down payment or peace of mind, here’s how to create a savings goal for 2026 that actually works.

 

Start With a Clear Purpose

The most successful savings goals are tied to something meaningful. Instead of saying “I want to save more,” define why you’re saving. Is it to handle unexpected expenses? Reduce stress? Prepare for a major life milestone?

When your goal has a purpose, it’s easier to stay motivated — especially when temptations pop up.

 

Make It Specific and Realistic

Vague goals are easy to abandon. Clear goals create direction. Decide exactly how much you want to save and by when. Then break that number down into manageable monthly or weekly amounts.

Saving $3,600 in a year may sound overwhelming — until you realize it’s $300 a month or about $10 a day. Progress feels more achievable when it’s broken into smaller steps.

 

Automate Your Savings

One of the easiest ways to stay consistent is to automate your savings. Set up automatic transfers so money moves to savings before you’re tempted to spend it. A common recommendation is 10% of your paycheck — but even 5% or 3% can add up over time.

Treat savings like a bill you pay to yourself. Once it becomes routine, sticking to your goal feels effortless.

 

Adjust as Life Changes

Savings goals aren’t meant to be rigid. Life changes — and your plan should be able to change with it. If your income shifts or expenses increase, reassess your goal rather than giving up on it entirely.

Progress is progress, even if it looks different from what you originally planned.

 

Track Progress and Celebrate Wins

Checking in on your savings helps reinforce good habits. Watch your balance grow, celebrate milestones and acknowledge the effort you’re putting in. Even small wins count.

Momentum builds confidence, and confidence keeps you moving forward.

 

Lean on the Right Financial Partner

Having a trusted financial partner makes a difference. From resources and hands-on service to a range of account options, Formation Credit Union helps members set realistic goals, choose the right savings tools and build a plan that fits their life. 

Explore our savings options and resources to see how we can help you set and stick to your 2026 savings goals.