Money Matters: SMART Goals and WHY

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.

MGN Image

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?



 
CBS19NEWS.COM COMMENT GUIDELINES
The comments sections of CBS19News.com are designed for thoughtful, intelligent conversation and debate. We want to hear from our viewers, but we only ask that you use your best judgment. CBS19News.com tracks IP addresses. Repeat violators may be banned from posting comments.
View Comment Guidelines
powered by Disqus