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SMART Goal Setting

January is one of my favorite times of year!  I love the beginning of a new year because it feels like such a fresh start.  I know we can start working on our goals anytime during the year, but there’s something about January 1 that fills me with hope for the future.  It’s a great time to evaluate where you are and where you want to be.  Today, I would like to talk to you about goal setting.  Setting and implementing goals can feel overwhelming at times.  However, if you don’t set goals, how are you going to accomplish the AMAZING things in your life that you were meant to accomplish.

SMART Goals?

Specific

Measurable

Attainable

Relevant/Realistic

Time-Based

An example of a SMART goal would be:  I want to save a $1,000 emergency fund by April 1st.  

A bad example of goal setting would be:  I want to save an emergency fund.  

See the difference?  The first goal is specific, measurable, attainable, relevant/realistic, and time-based.  

What is your WHY?

In order to stick to your goals, you will need a strong WHY.  

Examples:  

I want to get out of debt so I can stay home with my kids.  

I want to get out of debt so I can live comfortably during retirement. 

I want to save an emergency fund so I will not be stressed about money.

Being passionate about your why is so important!  When your circumstances get tough or you seem to lose focus you can come back to your why for motivation.

 

What are your 2020 goals?  What is your why?  Feel free to comment below!

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Hello! I'm Crystal!

I specialize in helping women, couples, and service-based small business owners who feel like they “make too much to be living paycheck to paycheck.” Together, we turn financial stress into financial clarity and create a plan for the life they’ve always imagined.

I’m based in Morristown, Tennessee, where I live with my husband and children. When I’m not coaching, I enjoy traveling, getting lost in a good book, and discovering new music.

Through Smart Money Financial Coaching, I’ve made it my mission to help people manage their money with confidence, pay off debt, and finally feel in control of their finances.

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