1. “Most people don’t plan to fail… They simply fail to plan!” 1-A

2. Term Goals SHORT-TERM GOALSSHORT-TERM GOALS –Within three months INTERMEDIATE-TERM GOALSINTERMEDIATE-TERM GOALS –Three months to a year LONG-TERM GOALSLONG-TERM GOALS –More than a year 1-E

3. Delayed Gratification Saving money over time to make a major purchase.Saving money over time to make a major purchase. Waiting to buy a new product until the price goes down.Waiting to buy a new product until the price goes down. Waiting to see the latest movie until the crowds get smaller and the lines shorter.Waiting to see the latest movie until the crowds get smaller and the lines shorter. __________________________________ ____________________________________________________________________ __________________________________ 1-F

4. S-M-A-R-T GOAL CRITERIA S pecific M easurable T ime-Bound R ealistic A ttainable 1-G

5. SMART Goals S pecific…….. M easurable… T ime-Limited.. R ealistic……. A ttainable….. “Pay for Spring Break trip to the Bahamas.” “$300 through babysitting, $50 from birthday money, save $25 a week.” “If I stick to my plan, I’ll have the money when I need it.” “I still have enough money to live on while I work toward this goal.” “I need to have all the money by 6 months from now.” 1-H

6. Evaluate Results Decision-Making Process Make a Decision Identify Your Goal Weigh Pros and Cons EstablishCriteria 1-K

7. Know What You Want Identify Your Goal EstablishCriteria Decide where to eat 1. 2. 3. 1-M

8. REALITY RESPONSIBILITY RESTRAINT 1-N