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Saving for a big goal like your retirement or something shorter term like a car, a down payment for a condo or a vacation – can be simply overwhelming.

Here are 2 simple steps from TD Canada Trust to help you get started.

1. Think Small: When your savings goal has a price tag in the thousands, it can be hard to convince yourself that it's worth skipping a fun night out (say $50). A good trick is to break big goals down into smaller and more immediate goals, like tucking away $50 a week. You won't miss the $50 each week, but in a year's time you will have saved $2,600.

2. The More Concrete the Better: “Retirement” is difficult to save for because the word itself doesn't conjure up anything specific. Don't just save for retirement – save for your retirement. Plan what you want your retirement to look like and pick a specific date when you want to retire. Having a clear picture of how and when you want to retire will give you a better idea of how much you need to save and will make it easier to put money into your RRSP, instead of a pricey restaurant meal.

Go to www.tdcanadatrust.com  for further information.  www.newscanada.com