It’s that time of the year where people decide to start fresh and make new goals (many of which are financial goals). But did you know that according to a 2007 survey by British psychologist Richard Wiseman, 88% of resolutions end in failure? We tend to try and do too much with little willpower to achieve our resolutions.
One way we can help ourselves to success in our resolutions is to make them S.M.A.R.T. – Specific, Measurable, Attainable, Relevant, and Time-Bound.
Today, let’s focus on Specific.
To achieve your goal, it helps to make it specific. Many times, we make our goals too general, which makes a goal difficult to follow through on.
[Read more…] about How to Create SMART Financial Goals – Be Specific
