Financial SMART Goal Setting

You will have likely had a go at goal setting in the past. Maybe you had goals you wanted to achieve at work or at school, or in your personal life related to something you were saving for, or a personal goal related to fitness.

How many of those goals did you actually achieve? And more pertinently, how did you actually know you had (or hadn’t) achieved the goal?

One technique that many people use is SMART goal setting. SMART goal setting is particularly useful for setting financial goals primarily because the output or the “final destination” is often tangible – for instance you may have saved up to buy a car or a new TV.

Have a look at the below and let me know what you think …


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