SMART Goals: Short and Long Term

Slides:



Advertisements
Similar presentations
G1 © Family Economics & Financial Education – Revised April 2008 –Values, Needs vs. Wants, & Goal Setting Unit – Setting Financial Goals Funded.
Advertisements

Personal Financial Planning
Personal Budgeting.
© Family Economics & Financial Education – Revised December 2005 – Get Ready to Take Charge of Your Finances – Goals Galore! Funded by a grant from Take.
S. Jett, NBCT Montevallo Middle BELLRINGER Brainstorm a list of goals that teens commonly have. Discussion – Why do you think these goals can be.
Goals Galore! G1 © Family Economics & Financial Education – Revised April 2007 – Get Ready to Take Charge of Your Finances – Goals Galore! – Slide.
© Family Economics & Financial Education –September 2010– The Essentials to Take Charge of Your Finances– Values, Needs, Wants, and Goal Setting Essentials–
Goals Galore! Ms. Barucky G1 © Family Economics & Financial Education – Revised April 2007 – Get Ready to Take Charge of Your Finances – Goals.
Unit: Consumer Analyze the use of available resources to achieve goals. Obj Identify available resources.
Planning and Decision Making. Making good decisions Must be able distinguish between wants and needs. Must be able to set goals and make wise decisions.
G1 Setting Financial Goals “Take Charge of Your Finances” Advanced Level.
GOAL SETTING. Goals  What is a goal?  Something you would like to achieve.  What is the purpose of setting goals?  Goals give you direction and keep.
Values. Lesson Objectives –Budget for item(s) upon which you place a significant value –Realize different values held by classmates –Understand the relationship.
Goals and Budgeting Ms. Rendek. The importance of setting goals and maintaining them...no matter how hard it may be.
© Family Economics & Financial Education – May 2005 – Spending Plan Unit – Developing a Spending Plan Funded by a grant from Take Charge America, Inc.
Goals Galore! G1 © Take Charge Today– Revised April 2007 –Goals Galore! – Slide 2 Funded by a grant from Take Charge America, Inc. to the Norton.
Goal-Setting Health Miss Kilker.
THE BEGINNER’S GUIDE TO SETTING GOALS. What is a goal? Something that you would like to achieve What is the purpose of setting goals? Goals give you direction.
1.Goals can give you a target to aim for 2.Goals can help you concentrate your time and effort 3. Goals can provide motivation, persistence and desire.
Goal- Setting Guidelines. What is a goal? Step 1. Understand Yourself  What do you do well?  What do you enjoy doing?  What are the most important.
Setting Health Goals In this lesson, you will Learn About… Why is it important to have goals. How to set goals. How to reach your goals.
G1 Setting Financial Goals “Take Charge of Your Finances”
SMART Goal Setting Health Fall The need for goals A goal is a conscious aim that requires planning and effort to achieve. A goal is a conscious.
LEARNING TO MANAGE CHAPTER 5. OBJECTIVES DISCUSS REASONS FOR THE INFLUENCES ON PRIORITIES. EXPLAIN THE BENEFITS OF SETTING GOALS AND THE DIFFERENT TYPES.
What’s wrong with this picture?. Goal Setting Getting What You Want!!! I can develop short and long-term goals using the SMART goal-setting technique.
“Most people don’t plan to fail… They simply fail to plan!” 1-A.
Chapter 2 Taking Charge of Your Health Lesson 2 Setting and Reaching Your Goals Next >> Click for: >> Main Menu >> Chapter 2 Assessment Teacher’s notes.
Goal Setting for Teenagers
Personal Finance Chapter 6
 A goal is anything that a person sets out to accomplish – a conscious aim that requires planning.
Lesson 3 Skills for Healthy Living Goal Setting 3 Skills for Healthy Living Goal Setting L E S S O N.
Goal Setting. Goals Something that you want and are willing to work for. Something that you want and are willing to work for. Why set goals? Why set goals?
Individuals and Decision Making. Starter: Turn to page 564 do numbers Write the answers only. This will be turned in for a class work grade.
G1 Setting Financial Goals “Take Charge of Your Finances” Advanced Level.
GOAL SETTING. Setting Goals for Teens Do You Want to… Develop self-esteem? Gain a positive outlook on the future? Decrease unhealthy habits? Improve your.
1.1.3.G1. Go For The Goal! Introductory Level G1 © Take Charge Today – November 2014 –Go for the Goal!– Slide 3 Funded by a grant from Take Charge.
GOALS. TYPES OF GOALS Immediate Goals days from now Short term- Goals for next 3, months, 6 months, 9 months Long term- Goals for next year,
S-M-A-R-T GOAL CRITERIA S pecific M easurable T ime Bound R ealistic A ttainable 1-G.
G1 Setting Goals. © Family Economics & Financial Education – Revised April 2010 –Values, Needs vs. Wants, & Goal Setting Unit – Setting Financial.
 1. Identify the components of setting SMART goals as a class  2. Establish a minimum of three short-term and long-term goals in relation to their individual.
Goals Galore! G1 © Take Charge Today– Revised April 2007 –Goals Galore! – Slide 2 Funded by a grant from Take Charge America, Inc. to the Norton.
G1 © Family Economics & Financial Education – Revised April 2008 –Values, Needs vs. Wants, & Goal Setting Unit – Setting Financial Goals Funded.
Study Skills: Academic Goal Setting. Why set academic goals? It is important to set academic goals so that you have something to work toward and stay.
Setting Financial Goals
Setting Financial Goals
Setting Financial Goals
Setting Financial Goals
Setting Goals Changes to slide 6, 7, 10, 11, 12, 13.
Financial self-management
Goals Galore!.
Setting Financial Goals
Setting Financial Goals
Setting Financial Goals
Setting Financial Goals
Goals Galore!.
Goals Galore!.
Setting Financial Goals
Setting Financial Goals
Setting Financial Goals
Setting Financial Goals
Setting Financial Goals
Setting Financial Goals
Lesson 3 Consumer Science
Setting Financial Goals
Setting Financial Goals
Goals Galore!.
Goals Galore!.
GOALS.
Setting Financial Goals
Setting Financial Goals
Presentation transcript:

SMART Goals: Short and Long Term

Why do we need goals? Goals give direction and provide focus They can be set by Individuals Families Businesses Other groups

Goal A conscious aim that requires planning and effort to achieve Short Term Goal: Can accomplish soon (in the next few weeks Mid Term Goal: Can accomplish in the next few months Long Term Goal: Can accomplish in the future (a year or more away)

Fixed and Flexible Goals Fixed goal: a goal that can be met only at a certain time (if you want to make the basketball team, you need to be ready when tryouts take place) Flexible goals can be short, mid, or long term

Identifying Goals Be realistic Use your values Set priorities decide which needs and wants are more important than others Be realistic

SMART Goals Specific Exactly what is to be done Measurable Establish concrete criteria for measuring progress Attainable Determine how it can be reached Realistic Do not set the goal for something unattainable or unrealistic Time Bound Specifically state when the goal needs to be reached

Short-term I plan to save $10.00 from my monthly paycheck for eight months to purchase a new pair of $80 running shoes for track season Long-term I plan to save $25.00 from each bi-monthly paycheck for two years to have $1,200 towards a down payment for a used car when I turn 18 years old

Practice Writing Goals Come up with ONE short term and ONE long term goal for yourself Write them down on a sheet of paper

How Did You Do? Evaluate your goal and identify if each component of a SMART goal was included. Re-write your goals to be SMART goals! Share your goals with the class.

Achieve Your Goal Analyze the goal---is it worthwhile? Put goals in writing---you are more likely to accomplish them if they are written! Make a commitment---believe in yourself and don’t get side tracked Consider your resources a resource is something that you need in order to accomplish a goal

Examining Resources Human resources--your skills, other people and their skills Material resources--tangible items such as time, money, tools, equipment Community resources--community facilities (YMCA, library, etc.)

REVIEW QUESTIONS What purpose do goals serve? Identify the following goals as short term or long term: going to a dance this week getting into college learning to play the piano improving grades this nine weeks Define and give an example of a fixed goal and a flexible goal List the three main types of resources you might use to accomplish a goal and give an example of each

REVIEW QUESTIONS (CONT.) 5. List the five components of a smart goal. 6. How do you use values to set priorities among goals? 7. Identify a goal for yourself and then determine what you think is the most important resource for accomplishing that goal. Explain your answer. 8. How might the following affect goal achievement: income level, degree of self-esteem, disabilities, personality