SMART tips to set your financial goals
The primary question that comes to the mind of almost every investor
That is, which instrument will get me the maximum rate of return? But, is it right to ask?
Instead of looking for high paying investments one should start with their financial goals
Financial goals clearly define what you want to achieve
Clearly defined financial goals or SMART financial goals help you make a sound financial plan
Here's How You Can Make a Smart Financial Goal
The financial goal should be clear in the mind of the individual. For example, buying a home is a very vague goal.
Among other factors, the target must have a money value. It helps the person to understand
Financial goals must be achievable. Sometimes the goals are not achievable in the near future
Clearly defining financial goals makes financial planning easier
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