Short Term Financial SMART Goal

My step-by-step Plan

Period: Jun 1, 2015 to Jun 11, 2016

My Goal

Jun 10, 2015

I plan to save $1000 for college money by using the opportunity of saving $85 from my paychecks each month for an entire year.

Month 1

Jul 10, 2015

I should have saved $85 by now. I saved this by not buying waiting to get the new penny board I wanted.

Month 2

Aug 10, 2015

I will have save $170 by now. I saved this by not eating out as much in the last month.

Month 3

Sep 10, 2015

I will have saved $255 by now. I did this by not buying the shoes I wanted for the new school year.

Month 4

Oct 10, 2015

I will have saved $340 by now. I will have saved this by not getting a mani pedi this past month, doing it myself and slowing down on the coffee buying.

Month 5

Nov 10, 2015

I have saved $425 by now. I will have saved this by either buying a cheaper version or not buying at all, the boots I wanted for fall.

Month 6

Dec 10, 2015

I will have saved $510 by now. I will have saved this by not going out over thanksgiving break with friends.

Month 7

Jan 10, 2016

I will have saved $595 by now. I will have saved this by not buying too many gifts or expensive ones for Christmas.

Month 8

Feb 10, 2016

I will have saved $680 by now. I will have saved this by staying in more on the weekends.

Month 9

Mar 10, 2016

I will have saved $765 by now. I will have done this by saving money on shopping in the past month.

Month 10

Apr 10, 2016

I will have saved $850 by now. I will have saved this by not buying new soccer cleats for this season and using last years.

Month 11

May 10, 2016

I will have saved $935 by now. I will have saved this by not purchasing new swimsuits for the summer and just use what I already have.

Month 12- ONE YEAR

Jun 27, 2016

I have met my goal with a little extra at $1,020. I will have made it this month by using more of my paycheck towards my savings.