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Saving money is one of the top New Years’ resolutions of 2021, but most people will likely fail in meeting this goal. Why?
This goal is too broad, unfocused, and not measurable. A successful goal will include a concrete plan for practical daily application. Otherwise, you’re likely setting yourself up for failure.
There’s a better way to reach your goal of saving more. Here’s an achievable resolution: “I’m going to save $750 each quarter of 2021 by setting up automatic savings deposits of $50 from every paycheck while also getting rid of my $150 cable TV bill and just using my streaming services.
This is a S.M.A.R.T. goal. This resolution is:
When setting your own goals for 2021, consider how the S.M.A.R.T. goal system can help you take your dream goal and turn it into reality.
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