Financial Timeline

Short Term Smart Goal: Saving money for College

Feb 20, 2018

S- I will save money for college tuition
M- I will save $2,500
A- I will spend $200 less a month on food & entertainment
R- Saving for college is more important than
T- I will save $2,500 in 12 1/2 months

Step 1

Feb 21, 2018

I will spend less money going out to eat

Step 2

Feb 21, 2018

I will spend less money on going out the the movies, bowling, pool, etc.

Step 3

Feb 23, 2018

I will spend less money on clothes, by going to Plato's Closet & Good Will instead of department stores

Step 4

Feb 24, 2018

I will only spend money on my nails once a month

Step 5

Feb 25, 2018

I will live with my parents for the time being, so I can save money on bills

Long Term Smart Goal - I will save money for an apartment

Mar 20, 2019

S - I will save money for an apartment
M - I will save $5,000
A - I will spend $200 less per month on eating out & entertainment
R - Saving for an apartment is far more important right now that eating out and entertainment
T - 25 months

Step 1

Mar 20, 2019

I will spend less money going out to eat & try to eat at home more

Step 2

Mar 21, 2019

I will live with my parents for a year or two so I can save for an apartment of my own

Step 3

Mar 22, 2019

I will spend less money on clothes by shopping at thrift stores instead of department stores

Step 4

Apr 25, 2019

I will not pay to get my hair touched up until I reach this goal

Step 5

Apr 30, 2019

I will only spend $75 a month on shopping for clothes & accessories.