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What is the SMART approach for financial planning?


A realistic way of approaching your financial goal is by using the SMART approach for financial planning. The word SMART stands for -----,-------, action-oriented financial activities, realistic financial goals, and time bound financial goals.

specific goals
specific tax liablilites
specific time

modified
measurable
mean amount

Respuesta :

MarkV
Hi there!

The answers:
- specific goals: describe what exactly you want to achieve by doing something and how you will do that.
- measurable: which means you need to be able to identify the goals you want to achieve. You might have to break down your goal into measurable parts.

~ Hope this helps you!

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