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Step 1
Continue going to school a North Scott, so I can go to Prom. -
Step 2
Start a savings account for prom. -
Step 3
Keep putting $17 a week into the savings account. -
Step 4
Figure out the restaurant we will be eating at and how much I will be spending. -
Step 5
Finish putting the last $17 in the savings account. -
SHORT TERM SMART GOAL
S- I am going to save money for prom.
M- I will save $204.
A- I will spend $17 less on going out to eat each week.
R- I have determined that the opportunity cost of saving money for prom is more valuable than spending an extra $17 on eating out every week.
T- I will save money for the next 12 weeks.