Goal Setting

By dschneider11

  • Specific

    Specific
    I plan to save money for a trip to Germany

  • Measurable

    Measurable
    I plan to save about $2,500 for a trip to Germany

  • Attainable

    Attainable
    I plan to save $2,500 for a trip to Germany by putting $50 into a savings account every month, rather than spending $50 on unnecessary expenses

  • Realistic

    Realistic
    The opportunity cost of saving money for a trip to Germany is higher than spending $50 on unnecessary expenses every month.

  • Time Bound

    Time Bound
    I plan to save $2,500 for a trip to Germany by putting $50 into a savings account every month for the next four years.

  • SMART Goal

    SMART Goal
    After graduating college, I will put $50 into my savings account every month for four years to help save up for a trip to Germany, costing up to about $2,500 overall. The opportunity cost of saving money is more important to me than spending money on unnecessary expenses.