ECONOMICS
MONEY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Wanting to earn honor roll
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Wanting to buy new furniture next month by saving $50 each check
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Wanting to make a sports team
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Wanting to wear jeans on Friday
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Detailed explanation-1: -Identifying specific action steps may help you meet your SMART goal targets. Examples of ways you may save money include: Bringing snacks from home instead of purchasing them ($5/week), or picking up two extra work hours ($15/week).
Detailed explanation-2: -Identify what you’d like to accomplish financially and create a plan to make it happen. We suggest setting SMART goals. SMART goals help you identify exactly what you want and how you plan to achieve it. SMART goals are Specific, Measurable, Achievable, Relevant, and Time-Based.
Detailed explanation-3: -Be as clear and specific as possible with what you want to achieve. For example, instead of saying “I want to be in leadership ” you might say, “I want to earn a position managing a development team for a start-up tech company.” The more narrow your goal, the more you will understand the steps necessary to achieve it.
Detailed explanation-4: -Studying. Simple Goal: I need to study more. Writing. Simple Goal: Reading More Books. Simple Goal: Mastering Emotions. Simple Goal: Exercising More. Simple Goal: Improving Your Diet. Simple Goal: Becoming More Productive. Simple Goal: Time Management. Simple Goal: More items •14-Oct-2022