Welcome to Discussion Bucks

Earn Cash While You Engage!

Join the ultimate paid-to-post forum where your opinions earn you real cash! 🌟 💵 Earn While You Post: Share your thoughts and watch your earnings grow. 🌐 Global Community: Connect with members worldwide. 🎁 Exclusive Perks: Enjoy rewards and VIP perks. Get Started in Minutes!

SignUp Now!
  • Welcome to our community! 🌟 Don't miss out on the latest Events and Paid Offers available exclusively in our Community Events & Paid Offers Section. Dive in now to explore and benefit! 💼
    💰 Paid Offers Available! — We have 1 running!💰

Setting financial goals

Joined
Sep 25, 2023
Messages
37,250
Reaction score
3,035
Trophy Points
180
Location
Philippines
D Bucks
💵5.615300
Referral Credit
100
Financial goals are sometimes hard to achieve but at least we have to try and may start with a small goal and see to it that there is at least part of it that leads you to a realization that setting up a financial goal is a must. We have to identify what we would like to accomplish financially and create a plan to make it happen. As usual, it is always recommended to apply the SMART goals. SMART goals help us identify exactly what we want and how we plan to achieve it. SMART goals are Specific, Measurable, Achievable, Relevant, and Time-Based.
 
As you have explained, financial goals should apply the SMART principle (specific, measurable, achievable, relevant and time based), for example if I only have an income of $1k per month then I don't need to fantasize about buying a Lambo car because it is not measurable and time based requires a very, very long time.
 
It is important to set financial goals if you want to live life happily. I do that. I have monthly goal to save some percentage of my salary and invest my money for future growth.
That is the best mindset to invest something for retirement or the future. We will reach old age and at that time we are not as energetic as we are today.
 
Back
Top Bottom