You should set personal financial goals so that you have a "road" to follow to get where you want to go.
Goals need to:
1. Be realistic: You should set your goals based on your own earnings and life situation.
2. Be in precise, measurable terms: Know exactly what you're aiming for and create a plan to achieve it.
3. Have a set time frame: This will help you to see if you're advancing toward your goal.
4. State the action needed to achieve the desired result: Use your goals as the basis for your future financial decisions.
May 29th, 2007 at 09:24 pm 1180470240