Goal Setting

By alouck
  • Short term goal

    Short term goal

    S-I will save money towards college
    M-I want to save $500
    A-I will spend $30 less on eating out every month
    R-The opportunity cost of saving money is more valuable than eating out
    T- I will save money for the next two years
  • Period: to

    2017-I will quit my job to prepare for college.

  • Period: to

    2017-I will go to college after making a debit card.

  • Period: to

    2017-I will use all of my birthday and Christmas money only towards paying for college.

  • Period: to

    2018-I will spend $30 less on eating out

  • Period: to

    2018- In the end, I have saved up to $500

  • Period: to

    2020- I will graduate college

  • Period: to

    2020- I will take my Grandma's will out to put a down payment on the house.

  • Period: to

    2020-My new job will help pay for the condo

  • Long Term Goal

    Long Term Goal

    S-I will buy a Condominium after graduating college.
    M- I will buy one for around $200,000 dollars
    A- I will not eat out, and I will spend less money on entertainment.
    R-The opportunity cost is that using my Grandma's will money will be more valuable.
    T- I will purchase this house in four years.
  • Period: to

    2022- After a year, the Will will start to build up and get me money back.

  • Period: to

    2022- The house will finally be paid off