SMARTER Financial Goals

SMARTER Financial Goals

SMARTER?Financial Goals

There is always a smarter way of doing things

You can set SMART financial goals by building your goals around the five elements of a SMART goal:

  • Set a SPECIFIC?financial goal e.g for the next?6 months I want to clear my Credit card debit or I want to save and invest my emergency funds in TFSA
  • Find ways to MEASURE your progress.
  • Check your progress every month e.g?automatically transfer $100 from each biweekly paycheck into retirement Savings plan
  • Make your goal ACHIEVABLE.

In the case of investing for retirement, one of the best ways to make your investing goal achievable is to set up automatic contributions. When you automatically “pay yourself first” by funneling money into your retirement account, you'll avoid the temptation to spend the money elsewhere.

  • Scale your goal to be REALISTIC
  • Set and stick to a TIMELINE.

SMART + ER (Evaluating and Re-adjusting) = SMARTER


Change is a constant thing, so Evaluating and Re-adjusting your financial goals is very important.

Having?a Financial Advisor review your Policy at least every year using Financial needs Analysis is important


Next Newsletter - What is Estate Planning?


Yemisi Legunsen

I assist professionals to retire early and understand Tax-Advantaged Investments that exist in Canada_Financial Security Advisor

1 年

Disclaimer: ?? ?? ?? The information presented in my social media posts is for general informational and educational purposes only. It is not intended to be a substitute for professional advice or services, including but not limited to financial, legal, or medical advice. An appointment with me is required to discuss how any of the services I provide can benefit you or your loved ones. Thank you for understanding

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Shola Omotayo

Guiding Visionaries Down the Fastest Path to Financial and Personal Empowerment

1 年

Very important information and great for implementation! Thanks for sharing ??

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