Savvy Savers Make SMART Financial Goals
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SMART financial goals are Specific, Measurable, Achievable, Realistic and Time-Bound. Are your financial goals SMART?
Transcript of Savvy Savers Make SMART Financial Goals
Bromwich and Smith: 1-866-353-6726 [email protected]
SMART goals are:
Specific, Measurable, Achievable, Realistic and Timely
Bromwich and Smith: 1-866-353-6726 [email protected]
Specific
Your goals should be specific.
Example: Saving for a vacation or putting a retirement savings plan into place.
Bromwich and Smith: 1-866-353-6726 [email protected]
Measurable
Your goal should be measurable.
How long will it take? How much will it cost?
Bromwich and Smith: 1-866-353-6726 [email protected]
Achievable
The goals you set should be achievable given your present financial situation.
Don’t set yourself up to fail.
Bromwich and Smith: 1-866-353-6726 [email protected]
Realistic Have realistic expectations based on your current resources.
Bromwich and Smith: 1-866-353-6726 [email protected]
Time-Bound
Your goals should be time-bound.
Set due dates for your goals, readjusting as necessary.
Bromwich and Smith: 1-866-353-6726 [email protected]
Setting SMART financial goals is a great way to create a solid financial plan that’s
easy to stick to.
Circumstances change so be sure to update your goals as you need to.
Bromwich and Smith: 1-866-353-6726 [email protected]
For more information about creating SMART financial goals
andother financial tips
Visitwww.SolvingDebt.ca
Bromwich and Smith: 1-866-353-6726 [email protected]
For more information about creating SMART financial goals
andother financial tips
Visitwww.SolvingDebt.ca
