1. Goals Galore!

2. What is a Goal?
Goal - something a person intends to accomplish

3. Why Set Goals? Setting goals are like a road map Provide direction
Focus on the important things
Keep the end result in mind

4. Short-Term – can be accomplished within 6 months to a year
Types of Goals
Short-Term – can be accomplished within 6 months to a year
Medium-Term – 1-5 years
Long-Term – 5 or more years

5. Short-Term or Long-Term?
Decide whether the goal is a short-term or long-term goal
Explain your decision

6. Here Is A Challenge!
Write down three things you want to accomplish (one (1) small, one (1) medium, one (1) long)
Next write down how you plan to achieve your vision. Be specific.

7. Can You Reach Your Goal? Is your goal specific?
How will you measure if you reach your goal?
Is your goal attainable or possible?
Is your goal realistic?
When will you achieve your goal?

8. SMART Goals
In order to set goals effectively, they need to be well written
Edit the goal you wrote for your vision using these guidelines:
Specific – State exactly what is to be done
Measurable – Include how the goal can be measured
Attainable – Determine steps to reach the goal
Realistic – Do not set goals for something unrealistic
Time Bound – State when the goal will be met

9. Education Goals
Help individuals prepare for success in the workplace/School
Examples include:
Earning an A on an upcoming quiz
Attending college
Participating in extra-curricular activities
Include both short-term and long-term goals
Provide guidance and direction
Enable individuals to reach financial goals

10. SMART Education Goal Goal – “I want to attend college.” SMART goal –
Specific – I want to attend a four year college.
Measurable – Because I want to attend a four year college, I will earn a B in algebra.
Attainable – Because I want to attend a four year college, I will earn a B in algebra by studying.
Realistic – Because I want to attend a four year college, I will earn a B in algebra by studying to prepare me for the college entrance exam.
Time Bound – Because I want to attend a four year college, I will earn a B in algebra this semester to prepare me for the college entrance exam when I am a junior in high school.

11. What is a Financial Goal?
A goal that guides financial planning (Money)
Financial goals help achieve both short-term and long-term goals
Making decisions is easier when financial goals have been set

12. SMART Financial Goals Goal – “I want to buy the new Jordans.”
SMART Goal –
Specific – I plan to buy the new Jordans.
Measurable – I plan to save $100 for the new Jordans.
Attainable – I plan to save $100 for the new Jordans by saving $20 from each babysitting job.
Realistic – Because I love the new Jordans, I plan to save $100 by saving $20 from each babysitting job.
Time bound – Because I love the new Jordans, I plan to save $ 100 by saving $20 from each babysitting job for 4 weeks.

13. Why set SMART Goals
How can setting SMART education and financial goals help a person reach future success?
It is like following a road map
SMART goals provide direction
SMART goals allow a person to focus on important things
SMART goals help people keep the end result in mind

14. Setting Financial Goals
Specific
State exactly what is to be done with the money involved in the goal
Measurable
Write the exact dollar amount needed for the goal
Attainable
Determine how it can be reached
Often determined by the individual’s budget
Realistic
Do not set an unrealistic or unattainable goal
Time Bound
Specifically state when the goal needs to be reached

15. In 2-3 sentences, write a quick summary about the notes of today.
Once finished, discuss with your neighbor about what you learned today.