SMART FINANCIAL GOALS

By Kristian Borghesan

January 13, 2021

"NOT ALL GOALS ARE CREATED EQUALLY."

BUT...

If you’re serious about reaching your financial goals, focus on setting S.M.A.R.T. financial goals.

S

SPECIFIC

The first thing you should be focused on is making sure your goals are specific. This also happens to be the most important step because it helps pave the way for the others.

M

MEASURABLE

Identify the methods you’ll be using to make sure you are making progress. It pays off in the long run to create a consistent schedule to frequently check in on the progress you’ve made.

A

ACHIEVABLE

Next, you need to ask yourself if your financial goal is achievable given your current situation and the resources you currently have available. It's important to avoid setting goals that are impossible to reach.

R

REALISTIC

A realistic goal asks the question of whether or not your specific goal makes sense for your situation now and in the future.

T

TIMELY

Last but not least, the ‘T’ in S.M.A.R.T. stands for timely (time-bound, timeframe, time limited). By placing a timeline on your goals, you’re ensuring that you are taking action within a specific time period.

Ready. Set. Goals.

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