How do I set up a savings goal?

In Quicken, you can earmark some of your earnings for a vacation or other major purchase by setting up a savings goal account, which is a special type of asset account.

Remember that a savings goal account doesn't represent a real account, and there is no real money in it. It's just a way of hiding and tracking money for a specific goal. The idea is that you won't be tempted to spend what you don't see.

1. Click the Planning tab.

2. Click the Savings Goals button.

3. Click Goal Actions.

4. Click New Savings Goal.

5. Enter a name, amount, and finishing date (date by which you want to reach your goal).Tell me moreThe name you enter will be the name of the account used to track the savings goal. If you've enabled support for multiple currencies, you can also choose a currency for your savings goal from the drop-down list.