We all know that we need to save money for the big things like buying a house, college for our kids, our own retirement, etc., but what is your “phrase to save” that gets you there?

Every journey begins with a single step and saving is no different. Many people now are saying that due to the economy it is much harder to save, but it is not impossible. Let’s say that you have already accomplished the big things, you love your home, and you contribute regularly to your retirement plan. But it is the small items that have you worried. Let’s say there is a big family event coming up next year and you don’t know how you can afford the airfare and hotel.

For two weeks, keep a receipt for everything you spend from a pack of gum to dinner and a movie to your mortgage payment. You will be surprised at all of the small areas you can cut back and save for that family trip. If your “phrase to save” is for the airline tickets, look at items such as that daily premium cup of coffee or buy movie tickets for $10 each vs. renting a movie from Netflix for $3.00. Maybe you will take a sabbatical from eating out for two months and save those dollars specifically for the airline tickets. Small changes in your everyday spending can make huge differences in your savings account.

Whether the goal is big or small, think about and write down your own “phrase to save” and you will be on your way to savings success.