Planning for the future includes not only academic planning, but financial planning. A good financial plan can put you on the path to financial success while you are in school and after you graduate.
The first step to financial success is defining your financial goals. Good goals are SMART goals.
Specific A specific goal has a greater chance of being met than a general goal
Measurable You should be able to track your progress toward meeting the goal
Achievable Goals should be realistic
Relevant Set a goal that matters to you
Time bound Set a goal with a clear timeframe
Goal setting resources
- Creating a financial plan for your priorities and goals (course)
- Setting Financial Goals (article)
- Achieving Financial Goals (video)
- How to Save for the Unexpected (article)
- How to Save for Multiple Goals at Once (article)