ALBEMARLE COUNTY, Va. (CBS19 NEWS) -- In this week's Money Matters segment, Bill Pratt with PVCC says people need to set specific, measurable, attainable, relevant and time-bound, or SMART, goals when it comes to their money.
Then ask the reasons WHY people want to achieve the goals. What will happen if the goal is not achieved? How will achieving the goal improve life? And Why is the goal important?
Finally, how do you achieve such a goal? Try CAR. Ask what can be Changed to achieve it? What can be Added to reach it, such as putting a certian amount of money into an account. Lastly, what can be Removed from daily life to make achieving the goal possible?