Be Specific with Your Goals

Be Specific with Your Goals

You may have heard of the goal acronym Called SMART. The “S” stands for specific. The others are measurable, attainable, realistic, and time-based. If you don’t get the specific component right from the start, it will set you off in the wrong direction.

 

Here are two examples:

 

Goal: To work out every day for 20 minutes per day and achieve a Body Mass Index (BMI) of 20. I will use the X System to attain that goal.

 

Save for College

Goal: To save $50 per month in a 521 account and continue to do this until my child is ready for college as the cost of college keeps rising.

 

The ideal situation is to be able to address each of the five components of SMART. Don’t worry if you find some overlap. As long as you can work from your plan, it won’t make much of a difference

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