Setting Financial Goals

  • Specific

    I Plan to save one hundred dollars a month for two to three years for the down payment on a car
  • Measurable

    I plan to save 4000$ for the down payment on a car by saving 100$ a month for 2-3 years
  • Realistic

    I plan to get a job sometime this year or the next so now it is not realistic ,but eventually it will be given the fact that I can get a job ,and that is why I say 2-3 years instead of a year and 8 months.
  • Period: to

    Time bound

    It will Take 2-3 years to save up enough money for the down payment for the car
  • Attainable

    I should have the exact amount of money that I need for the down payment on a car around this time given that I manange to get a Job
  • Time Bound

    This is the latest date that my goal can reach