There are a lot of ways that you can go about setting up a goal-oriented savings plan. Before you start setting some financial goals you should make sure you’ve built up and established emergency funds in case life throws you a curve ball. Some individuals set goals for purchasing a new home, a new car, or paying for their child’s college education. You should make your goal-oriented savings completely separate from other accounts so that you don’t accidentally spend the money you’ve saved. You should save back the same amount of money for your goal-oriented savings as you did for your emergency funds.