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Once you have gathered all of your financial documents and looked at your spending, it’s time to set some goals for yourself.
Start by making a list of short-term and long-term goals, such as saving up for a vacation or retirement. These will act as benchmarks that you can use to measure your progress through1qout the year.
Make sure these goals are SMART—specific, measurable, achievable, relevant, and timely.
For example, if you want to save more money this year than last year, decide how much that amount should be and by when you want to reach it—this could be within the next month or six months or a year from now.
Then make sure that those goals are achievable within those timelines using the resources available to you.
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Image and article originally from thebrownreport.com. Read the original article here.