Setting Financial Goals

Specific

Aug 12, 2014

I plan to save for a new cell phone.

Setting Financial Goals

Period: Aug 12, 2014 to Dec 12, 2014

Measurable

Sep 12, 2014

I plan to save $200 for a new cell phone.

Attainable

Sep 22, 2014

I plan to save $200 for a new cell phone by saving each $50 from $100 monthly allowance for 4 months.

Realistic

Sep 26, 2014

The opportunity cost of saving for a new phone is higher than spending $50 monthly for other things.

Time Bound

Jan 22, 2015

I plan to save $200 on a new cell phone by saving $50 from each monthly $100 allowance for 4 months. Should have phone by now.