You Deserve Some Mad Money: Setting SMART Financial Goals

You Deserve Some Mad Money: Setting SMART Financial Goals

Did the holidays shrink your bank account a bit? If they did, you’re not alone.

The good news is that skilled tradesmen and women are in demand all over New England right now.

And the team at Skilled Trades Partners can help you find the right job to help you build your bank account back up!    

But what exactly are SMART financial goals?

According to the financial experts over at Corporate Finance Institute:

SMART goals are:

  • Specific: Well defined, clear, and unambiguous
  • Measurable: With specific criteria that measure your progress toward the accomplishment of the goal
  • Achievable: Attainable and not impossible to achieve
  • Realistic: Within reach, realistic, and relevant to your life purpose
  • Timely: With a clearly defined timeline, including a starting date and a target date. The purpose is to create urgency

So let’s run through a quick example. Ready?

We’re all just getting our brains and our bodies back into shape after a much-needed holiday break, so let’s keep this simple, straightforward and sensible.

Specific

Pick an amount you want to put aside in a savings account—say $50 per paycheck. Now make it even more doable by cutting it in half!

Measurable

Keep setting aside your exact amount of $25—no more and no less for now. This keeps it measurable. 

Achievable

By making your goal an exact, measurable amount per paycheck, you ensure that it’s achievable.  

Realistic

We know your goal is realistic, since we reduced the initial amount you were going to pick by 50%.

Timely (or time-bound)

Work this financial goal without any changes for six months to keep it SMART! Then you can reevaluate and increase or decrease your savings amount.  

Apply this plan to your exact, personal situation. If you’re realistic, it’s a can’t-miss plan.

And when you’re ready to look for your next great job opportunity, give us a call. 

Skilled Trades Partners is not your typical skilled trades construction recruitment agency. We’re built on blue-collar respect! 

Tell us about the kinds of projects and companies you are looking for and the career path you’re looking for. We will connect you with quality contractors and projects that match your skills and expectations.

Are you a tradesman looking for a new job opportunity? Or maybe you’re looking for a change of scenery on a new project or location?

Call us today at one of our four New England office locations:

Maine: 207-888-2683, New Hampshire: 603-237-1880, Connecticut: 860-200-1374, Massachusetts: 508-689-9728

Or get in touch online. Our expert skilled trades recruiters are waiting for your call.