BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Grow your wealth Setting goals with different time frames helps break down large and possibly overwhelming tasks into more achievable increments.

Detailed explanation-2: -Definition of SMART Objectives. SMART stands for specific, measurable, achievable, relevant, and time-bound. • Specific – Objective clearly states, so anyone reading it can understand, what will be done. and who will do it. • Measurable – Objective includes how the action will be measured.

Detailed explanation-3: -Set financial goals, however big or small, need to be SMART goals, meaning they need to be Specific, Measurable, Attainable, Realistic and Timely. Keeping these parameters in mind will help you determine: What your specific goal is: Is there a concrete figure you want to save up for or pay off?