Set specific, attainable financial targets from "summary" of Picture Your Prosperity by Ellen Rogin,Lisa Kueng
Setting specific and attainable financial targets is crucial for achieving your financial goals. Without clear targets in place, it can be easy to veer off course and lose sight of what you are working towards. By defining specific targets, you give yourself a clear direction and purpose for your financial planning. When setting financial targets, it is important to be as specific as possible. Vague goals such as "save more money" or "pay off debt" are not helpful because they lack clarity and focus. Instead, try setting targets such as "save $500 per month" or "pay off $5,000 of debt by the end of the year." These specific targets give you a clear benchmark to aim for and make it easier to track your progress. In addition to being specific, your financial targets should also be attainable. Setting unrealistic goals can be demotivating and can lead to feelings of failure if you are unable to achieve them. Make sur...
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