Money Skills for Real Life:GearUP College

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Take Charge of Your Life
Set SMART Life and Money Goals
Setting SMART Goals
When you set goals, write them down and make sure they are meaningful to you. Here's one SMART way to set goals...

SMART is short for:
Specific, Measurable, Achievable, Realistic, and Time bound.

Let's take a look at the goal, "I want to do well in school," and turn it into a SMART goal.

I want to get a B on my mid-term exam. To do this, I will read as much of the assigned material as I possibly can. Then two weeks before the exam, I will study the course material for one hour, three times a week.

Getting There

If you work and go to school and have limited study time, explain the situation to your professor, and ask for help on focusing on the most important parts of the assigned material.

Here is what makes this a SMART goal:
Specific: You're focusing on a specific exam: your mid-term exam.
Measurable: You will measure your success by the grade you get (a "B") and by how long you study to get it (one hour three, times a week).

Achievable: You've achieved a "B" on a test before. Or you know that if you apply yourself, you can achieve a "B."
Realistic: You work 25 hours a week and know you can't possibly read all the assigned work. But, by focusing on the important parts of the assigned work, you know that achieving a "B" is realistic.
Time bound: You've set a date by which you will accomplish your goal: the date of the exam.

 

 

 

 


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