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Evaluating Alice's SMART Goals

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S.M.A.R.T goals are the technique of bringing structure and tackability into planning our goals. Instead of drifting from one point to the other with vague resolutions, SMART goal create a verifiable trajectory, geared towards setting and achieving goals with objective milestones and achievable estimation of goal’s attainability. A truly objective goal must be; Specific, Measurable, Attainable, Realistic and Timely (S.M.A.R.T). In this essay, I will explore what SMART goals are and I will evaluate Alice’s (a college student) goals are with the following objectives in context: (a). Pay off student loan (b.) Buy a house and save for children’s educations (c.) Accumulate assets (d.) Retire (e.) Travel around the world in a sailboat. (Siegel & Yacht, 2009).
Alice’s S.M.A.R.T goal setting: Specific …show more content…

She has to know what exactly she wants to achieve, the more specific she make her descriptions, the bitter the chance of getting a S.M.A.R.T goal setting. Being a fresh graduate with accumulated student load of $53,000 on her shoulder, the best option on the table is to get a job by June 2018. According to Siegel & Yacht (2009). Alice’s disposable income after tax maybe $35, 720,00, factoring other expenses, it is fair to assume that Alice may need extra job to foot her bills and save for medium term objective (buy a house) and retirement

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