Attainable : My average monthly spending is $2800, thus I try my best to curtail my expenses within the budget if I don’t use my credit cards.Measurable : I’ll keep a close watch on what I spend, keeping a record of every expense and ensuring that I spend less than my budget of $3000.Specific : I will create a budget of $3000 every month and spend 15% less.Goal : I will create a budget of $3000 every month. Time-bound: My goal is to set aside 15% of my savings and increase it by investing in X till the start of the next year.In total, this would give me a financial boost of getting me closer to my aim of attaining financial independence. Relevant : By saving 15% of my total earnings, I will accumulate $3000 amount of savings which I will then multiply via investment X.X remaining months, I will accumulate an approximate X amount by saving 15% of my earnings. Attainable : Within the rest of the year, i.e.Measurable : My bank will automatically take 15% and deposit it into another savings account, so I can see my progress.Specific : For the next year, I will save 15% of every paycheck, which is between $200-$300.I will multiply my savings via investment in X. Goal : For the next year, I will save 15% of every paycheck. Time-bound : I have to achieve the goal in three months, which is about 60 hours of time I will spend on revamping my site.Relevant : Redoing my company’s website design will be the first and fundamental step in impressively showcasing my company to the world.I’ll do this by working on my website 5 hours per week. Attainable : With their skills and my own experience, I’ll attain the goal of having a functional website up and running before the official launch.Measurable : I will accomplish this by hiring two graphic designers and one web programmer.Specific : I will re-do my company’s website and launch it by August 15th.Goal : I will re-do my company’s website design by August 15th so I can attract more clients. Now that you know what SMART goals are, let’s enlist our top contenders for the most powerful SMART goals you can start working on from today. Speaking of planning, the Make It Happen Handbook is an amazing tool to help you plan and achieve your goal. The key to creating achievable goals is to take a close look at your current life and set an objective that is slightly beyond your reach. Thus, they push you out of your comfort zone and into the realm of ambitious possibilities. While of course not impossible, they are challenging to complete. AttainableĪttainable goals stretch the limit of what you think is possible. Measurable goals pinpoint precision, They answer questions starting with “how.” Measurable goals also help you figure out if you’re headed in the right direction and, if you’re not, to help you re-align yourself in time. Secondly, when you reach these milestones, it will boost your confidence to go further on! Measurable Which – which obstacles might get in your way?īy identifying each element you’ll know which tools and actions you need to reach your goal.Where – where will you complete the goal?.Specific goals answer your six “wh-” questions. ⌄ Scroll down to continue reading article ⌄ Time-related: Specify your target date or time frame when the results can be achieved.Realistic: State the results which can be achieved given your available resources.Achievable: Specify who will do it and how.Measurable: Quantify or have an indicator of progress for your measurable goals.
Specific: Target a specific area for improvement.process was initially a management concept that was presented as a SMART way to create management goals as well as objectives. goals are goals that are written to conform to the following criteria: Specific, Measurable, Achievable (or Attainable), Realistic (or Relevant), and Time-bound.
What Are SMART Goals and SMART Goal Examples?
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