SMART is an acronym that stands for Specific, Measurable, Achievable, Realistic, and Timely. When establishing financial goals, this is used to give a sense of direction, motivation, a distinct emphasis, and to clarify importance. A SMART objective ought to be doable and reachable. This will assist you in determining how to achieve that objective and make progress toward it. The goal’s reachability should be sufficiently specified for you to be able to accomplish it while still feeling stretched enough to feel challenging.
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