From Due Payments:

finances and motivated to take action. Here’s how to set SMART goals: Specific. Be as detailed as possible about what you want to achieve. Measurable. Determine how you will measure your progress. Achievable. Make sure your goal is possible for you to accomplish. Relevant. Ensure your goal is relevant to your overall financial objectives. Time-bound. Set a deadline for when you want to achieve your goal. Examples of SMART goals include: Reduce discretionary spending by 10% in the next three months. Contribute an extra $100 per month to your emergency fund. Save $2000 for a vacation in six months. By setting SMART goals, you can stay focused, motivated, and accountable, and ultimately achieve your goal of saving $10,000 in six months.



Read more: Saving $10,000 in Six Months: A Step-By-Step Guide