At that time, we don't have any savings calculator to help us compute, like how much we need to save per day. Now, kids don't have to guess how much they need to save per day. All they need to do is work their fingers at the computer and viola, they can already know much it will be. 

As we grow old and responsibilities build up, our process of saving money evolves. Some of us keep our money in the bank, and others invest in business or stocks. No matter what, there's always that thing, the goal.

Most of us who participated succeeded in doing the 'ipon challenge' (money saving challenge) and are definitely in for another round of the challenge. This time, more challenging and a larger prize.

It's not the amount that drives us clearly to save, but the activity and the thrill of the deed of saving money.

There are many different types of savings goals that we can consider. Of course, we always regard the variables in our life to save money, like our financial situation and priorities.

Here are some examples of savings goals. As I mentioned, it varies depending on the variables.

• Down payment for a house.
• Saving for a child's education.
• Saving for a vacation or major purchase.
• Having an emergency fund.

With our goal listed, here are some steps we can take to help us achieve our saving goals: Determine our goals: The first step is to understand what we want to save for and how much money we will need. It can help us determine how much we need to save each month for our goal.

• Make a budget: Look at the income and expenses and attempt to reduce the spending in areas where we can then use the money to contribute to our savings goal.

• Set up automatic savings: Let us consider setting up automatic transfers from our checking account to our savings account to help us save consistently. It makes it easier to save without having to remember to do it manually.

• Track our progress: Keep track of how much we have saved and how close we are to achieving our goal. It can help us stay motivated and adjust and make adjustments to our saving plan if needed.

• Find ways to increase our income: Look for opportunities to earn extra money, such as taking on a side job or selling items we no longer need. We can use the extra income to boost our savings.

• Stay motivated: It can be easy to get discouraged when trying to save, especially if we have a large goal. Find ways to stay motivated, such as setting small goals along the way or rewarding ourselves when we reach certain milestones.

Always remember it's important to be patient and consistent when saving. It may take time to reach our goals, but with discipline and determination, we can achieve them.