Step 3 of 5
Set a SMART goal
Now that you know your why, let's make your goal clear and doable. Your goal should be SMART:
- Specific: What exactly do you want to achieve?
- Measurable: How much money do you need?
- Achievable: Can you reach it with your current income?
- Relevant: Does it fit your life and what matters to you?
- Time-bound: When do you want to reach it?
Example
- Vague goal
- I want to save money.
- SMART goal
- I want to save ₱20,000 in 10 months to start my small business.
- The math
- ₱20,000 ÷ 10 months = ₱2,000 a month, or ₱1,000 every payday if you're paid twice a month.
Write your SMART goal
months
Your SMART goal
I want to save ₱___ in 6 months.
Set aside each month
₱0
- What is one small thing you can do this week to get started?
Your answer saves as you type
Track your goal in Google Sheets
Keep every goal, amount and deadline in one place.