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2.1.4.L1

SettingFinancialGoalsNoteTakingGuide

TotalPointsEarned

TotalPointsPossible

Percentage

Name

Date

Class

Directions:Usethepromptsprovidedtotakenotesduringthelesson.

GoalSetting

Whatisagoal?

Identifyonewaygoal
settingcanbenefityou.

The end result of something a person intends to acquire , achieve, do,

reach, or accomplish sometime in the near or distant future

creates a path and provides guidance for you future. Helps make the life
you want to live a reality. Helps with desicion making. Helps create wellbeing.

Isitrealistictowritegoals
foreverydecisionyou
make?

GoalSetting andFinancialPlanning

Goalsettingisimportanttofinancialplanning
Whatisfinancialplanning?

mananging money continuously through life in order to reach financial

goals.
Whatisafinancialgoal?

TakeChargeTodayAugust2013SettingFinancialGoals
FundedbyagrantfromTakeChargeAmerica,Inc.totheNortonSchoolofFamilyandConsumerSciencesTakeChargeAmericaInstituteatTheUniversityofArizona

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2.1.4.L1

SettingandAchievingGoals
DescribeeachelementofaSMARTgoalinthetablebelow.Makesuretoincludeanyvocabularyterm
definitions.
- Clearly defines end result
S

- Financial Goal= state exactly what plan you have for the money
involved

Specific

- Determine exactly when you will know that the goal has been meet.
M

- Financial Goal = State the exact dollar amount

Measurable

- Create a step by step plan outlining exactly how the goal can be
A

Attainable

reached
- Finacial goal = often determine by spending plan or budget

Realistic

-Examine the consequences of that goal

-Consider the trade-offs and opportunity costs

Specifically state when the goal will be reached

T

TimeBound

- Consider wheher your goals are short term or long term

Whatisonewaythatyoucanensureyoureachyourgoalafteritiswritten?

WriteoneSMARTfinancialgoalforyourself:

TakeChargeTodayAugust2013SettingFinancialGoals
FundedbyagrantfromTakeChargeAmerica,Inc.totheNortonSchoolofFamilyandConsumerSciencesTakeChargeAmericaInstituteatTheUniversityofArizona