Personal Finance

Q&A: What are some good goals to have?

Having goals is important to living the life we want to have. As the saying goes, “failing to plan is planning to fail”. A common acronym related to goals is SMART:

Specific: Who? What? When? Where? Why?
Measurable: How much? How many? How often?
Action-oriented: What will you do?
Reachable: Is it possible? (Run the math)
Time-bound: When will it be complete?

Some common goals are:
become debt-free in 6 months
-put down 20% to buy a house in 2 years
-pay for kids’ college when they graduate high school
retire at the age of 65

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