Financial Health Steps – #11: Set SMART financial goals — NMBankruptcyBlog.com

This is the 11th in the series started here following a 30-step program in financial literacy over at the FinancialLiteracyMonth.com website.

Here’s from their Step #11:

Before you think about setting goals, review the five parts of SMART goals.

SMART refers to “specific”, “measurable”, “achievable”, “rewarding”, and “trackable”.  Without these, it’s harder to reach your goals. Here’s an example: instead of “I’m going to save more money,” think: “I will save $5.00 a pay period.”

Earlier posts in the series: #1: Commitment to change, #2: Assess your financial situation, #3: Clearing out financial clutter, #4: Set yourself up for success, #5: Get copies of your credit reports, #6: Clean up your credit report, #7: Make your money count, #8: Identify your starting point, #9: Do You Pass the Debt Test?, #10: Set your priorities

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