With a better grip on your financial pain points and the goals you both want to achieve, it will be easier to start making practical plans.
Just like working with wedding planning list, setting out a clear timeline can help you visualise your goals, and importantly, make sure you’re staying realistic about how and when you’ll achieve them.
It could be worth talking to an expert at your local branch, or a financial planner. A professional can help you set up the timelines and look at ways of boosting your goals.
Keeping motivated is important, but this often takes incentive. You could set up a separate bank account, such as the NAB Reward Saver, that has good interest rates and bonuses. You might also want to consider a term deposit. These savings products offer fixed, competitive interest rates and you can choose a term to suit your needs.
When you hit your milestones, there’s no harm in rewarding yourself. A nice dinner or weekend away can remind you that your couple goals are worth achieving.
Using an online budget planner (perhaps the same one that helped with your wedding budget) will help you find out where you can save money, as well as how much. MoneySmart’s savings goals calculator is also a great tool to keep you on track.
For more budgeting and saving tips, NAB has plenty of tips and advice to give.