SMART Financial Goals
Setting yourself SMART financial goals can help you to keep focused and maintain progress when striving to achieving more in your life. Choosing goals carefully to ensure that they are motivating and exciting will help you to achieve your potential.
To do this you should ensure that each of your financial goals are SMART:
Your goal should be well defined & clear. What exactly do you want to achieve?
It has to be easily measured, to allow you to identify progress and also to know when you have achieved your goal.
It should be challenging, but not totally outwith your reach. Take into consideration your other commitments when making your financial goals.
It should be something that you are willing and able to work towards, as well as one that you believe is possible.
Leave enough time to achieve your goal, but not so much that you lose sight of it. When will you have achieved this by? What date?
It helps to phrase your financial goal as though it has already been achieved
I HAVE CUT MY OUTGOINGS BY £100 PER MONTH AND PAID THIS EXTRA MONEY ONTO MY CREDIT CARDS. BY DOING THIS I HAVE PAID OFF ALL OF MY CREDIT CARD AND AM DEBT FREE ON 30TH SEPTEMBER 2018
Why not have a go? Set yourself a financial goal and make it a priority to achieve this goal.
I am Eileen Adamson, a Your Money, Sorted coach, working online with UK based women, helping them to develop a better relationship with money. By gaining an understanding of how their personality affects the decisions they make, I can help them to implement changes which will allow them to feel calm, positive and confident that they are in control and making good financial decisions. I can then support them to put into place simple strategies that will allow them to manage their finances effectively on a daily basis and create a stable, secure and exciting future for themselves.