12/12/08

My SMART goals for 2009

Stay financially Fabulous, Dawn at 9:02 AM


Since I have already defined what my ultimate goals are, it’s time I listed my short term goals. To do this I will be using the SMART method just to put my schooling to good use. Hehe
What is the SMART method? You may ask, the SMART method helps you properly define your goals. SMART is an acronym for:
S=Specific
M=Measurable
A=Attainable
R=Realistic
T=Time based

So here goes:
My Specific goals:

  • Pay my school Tuition
  • Receive my 2010 goal salary in 2009 ( I need $14 more, hehe)
  • Build up an Emergency fund
How will my goals be Measured:
  • Save 2000 Euro’s by the end of February 2010, I still need 1500 Euro’s to pay for next schoolyear
  • Get a great performance review and receive more than the minimal salary adjustment (+$14)
  • Save up to $1400 and place this amount into a special account for my emergency fund
What do I need to do to Attain my goals:
  • Put 150 Euro’s into my school savings account for 10 months
  • Educate myself in my new work-project and make use of my contacts. Network some more.
  • Put $200 into a separate savings account until I reach the desired amount in my E-fund
Are my goals Realistic based on my current resources:
  • I can live comfortably off the money that will remain in my account.
Are my goals Time based? When will they be reached?
  • I will reach my tuition goal before February 2010 when I have to make my last tuition payment
  • I have my performance review on January 23 2009
  • I will reach my E-fund amount within 7 months

I also have goals for this site but before I can fully flesh them out I will need to do some more research. When I have the information I need I will blog about it.
Now all I need to do is figure out how to put a tracking graph in my blog’s sidebar.

These are my short term SMART goals, what are yours?

 

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1 Comment:

  1. Sam said...
    December 17, 2008 at 6:09 PM  
    I used tickerfactory.com to put progress bars on my blog. They are a little cutesy, but they get the job done

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