Step 11: Set Smart Financial Goals

Before you think about setting goals, review the five parts of SMART goals.

S | A smart goal is specific. It pinpoints something you want to change to achieve.
M | A smart goal is measurable. You can measure or count a SMART goal.
A | A smart goal is achievable. Setting goals too high can lead to frustration.
R | A smart goal is rewarding. Reaching goals should be rewards for your hard work.
T | A smart goal is trackable. Set milestones and schedules for your goals.