We’re reaching the end of our SMART goals. We’ve gone through making the goal specific, being able to measure it, making sure it’s attainable, and looking at how relevant it is. Now we’ll ask if your goal is Time-Bound?
A good goal will be time-bound or timely. It will have a starting point, an end point, and measurable time or milestones in-between. Time adds dimension to specific, measurable, attainable, and relevant.
By making your goal time-bound you give yourself a framework to focus with. Without deadlines for your goals, it’s easy to let your goals drift away and be put off for other things that may seem more pressing. You need to know when your goal will end. A finish point can be a big part of whether your goal was a success or not.
[Read more…] about How to Create SMART Financial Goals – Is It Time Bound?