The SMART Model
The SMART model is an effective guide for defining objectives. Let these 5 money-saving tips guide your resolutions to make 2018 a financial game changer:
Specific
so that you know exactly what you are aiming for and how you are going to get there;
Measurable
enabling you to keep track of your progress and assess how closely you have really met your goal;
Achievable
so that you can take on the challenge with confidence and not become overwhelmed by a task that is too ambitious;
Relevant
it is easy to come up with an array of good, creative objectives in a free brainstorm, but all of them may not get you to your desired end goal; and
Time-bound
deadlines place healthy pressure on you to succeed.