Setting Up a Savings Strategy
It is good management of your resources to have a savings strategy, but how do you know when it is not working.   If you decide based on your PLAN to save $400 per month but before month’s end, you have chipped away at $300 or more. There is something dramatically wrong with your strategy. As a matter of fact, it is not a SAVINGS strategy, but a revolving door account. You deposit in one door and spin right around and withdraw it from the other door.  You really should consider your Thrift Savings Plan
account as the perfect savings vehicle.  The Agency match (and the 1% contribution) make your TSP.gov account a fantastic place to commit to adding money every month.
There might be a number of things happening. Perhaps, you are attempting to save more than you can afford to save. We’d all like to save in big pieces, but that might not be the fit for your circumstances. Saving small amounts consistently is much more beneficial than saving large amounts only to withdraw those amounts virtually as soon as you deposit them.
You will be amazed at how small amounts saved over a consistent period of time add up to be much more than you think. There is an old proverb that states – Each man must cut his coat according to his own size- otherwise it will either be too small or too large.
Develop a Savings Strategy that really is a strategy for saving and leverage for you to retire well.
P. S. Always Remember to Share What You Know.