When we were young, we all had dreams and things that we wanted to accomplish. However, somewhere along the way, we got too busy trying to meet life's daily demands — paying bills and taking care of our families — to ask, "what do I want to accomplish in life?"
When was the last time you thought about your financial goals? The ability to set realistic goals and work to achieve them is an essential life skill. How can one take control of their financial life? The answer is planning.
To establish a plan, you must first know what your goals are. Goal setting is a personal process that helps you get what you really want out of life. Goals give you something to work toward. They help you know where to focus your time and efforts.
Whatever your financial goals, they should be well defined.
Make sure your financial goals are S.M.A.R.T.