Smart

Setting Financial Goals

  • Specific

    Specific
    I want to save for my trip to Australia
  • Measurable

    Measurable
    I want to save $2,000 for my trip to Australia
  • Attainable

    Attainable
    I want to save $2,000 for my trip to Australia by automatically saving $200 from each paycheck
  • Realistic

    Realistic
    The opportunity cost for saving for my trip to Australia is higher than spending $200 every paycheck on other items
  • Time Bound

    Time Bound
    I want to save $2,000 for my trip to Australia by automatically saving $200 from every paycheck before spending that money on other items for the next 8 months