Savings goals are specific financial targets that individuals set to help them save money for future needs or desires. These goals can vary widely, from short-term objectives like saving for a vacation to long-term aims such as buying a home or funding retirement. By establishing clear savings goals, people can create a focused plan to manage their finances effectively. To achieve these goals, individuals often use budgeting techniques and savings accounts. Tools like budgeting apps can help track progress, while high-yield savings accounts may offer better interest rates. Setting realistic and measurable goals increases the likelihood of successfully reaching them.