SMART FINANCIAL GOAL

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A SMART goal is a Specific, Measurable, Attainable, Relevant, and Time-bound goal. These are designed to help you set effective goals that are more likely to be achieved. By setting SMART goals, you can increase your chances of success and stay motivated as you work towards achieving your objectives.

Brief overview of each characteristic –
• Specific – A specific goal is clear, defined, and well-stated. It specifies exactly what you want to accomplish.
• Measurable – A measurable goal includes a way to track progress and measure success.
• Attainable – An attainable goal is realistic and achievable given your current resources and circumstances.
• Relevant – A relevant goal is important to you and aligns with your values and longterm objectives.
• Time-bound – A time-bound goal includes a specific deadline or timeline for completion our objectives.

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