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Financial Literacy Month - Defining SMART Financial Goals

Financial Literacy Month - Defining SMART Financial Goals

April 08, 2021

Are your financial goals well-defined? 

While "I want to have lots of money" may sound like a great goal, it's just too vague. How much is "lots?" If you don’t know … how will you know when you have it? And will the "lots" of today be enough for tomorrow?

In developing your financial goals, make sure they’re S.M.A.R.T. …

  • Specific
  • Measurable
  • Attainable
  • Relevant
  • Timely

April is Financial Literacy Month. If you haven't already taken some time to clearly define your financial goals, don't put it off any longer. Well-defined goals are imperative for creating an effective financial strategy. There are a couple of resources we would like to share with you.

First, we have a online tool you may find helpful in thinking through your financial goals - MyBlocks through MoneyGuide. To access MyBlocks you will need to log into MoneyGuide Pro. As a client you are already registered, so simply click the log in button to get started. Your email address is your user name.  If you have not logged in before, please use the forgot password to set up a new one.

  1. Once you are signed in, find the Financial Goals block in the Financial Vision section.
  2. Put your cursor on the block and click the play button.
  3. For each topic you can select High, Medium, or Low by clicking in that column. Or you can skip (if not applicable or of no importance to you)

The block should take about 2 minutes to complete. After you finish, click the Home button in the right-hand corner.  If you would like to go into greater detail on any of your goals, visit the Financial Freedom section.

Secondly, here is a short video with more information about setting financial goals: ONCE UPON A GOAL

If you'd like help setting "S.M.A.R.T." goals, please let me know. For your convenience, I am including the link to my scheduling calendar.

This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite, LLC, is not affiliated with the named representative, broker-dealer, state- or SEC-registered investment advisory firm. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security.