Using the SMART formal, create a financial goal that you would like to accomplish regarding saving, spending, or sharing your time, talents or financial resources:

Example	Your Goal
Specific: Create an emergency fund
Measurable: Of $1,800
Action Oriented: At a credit union
Realistic: by reduced spending on food away from home
Time-based: within the next six months

Some of what you talk about in regards to your financial situation will be personal, so let me assure you that anythingmentioned in your assignment remains entirely confidential. I will not share it with anyone. And I can also assure you that I have heard it all before.No financial situation is too dire or embarrassing. It just is what it is. If we face up to reality now, we can build a better foundation for the future.

Part 2:

What are your next actions to achieve this financial goal? List at least 3

Part 3:

Answer the following question with Yes or No:

1. Do you have a budget or spending plan that guides your financial activities?

2. Each month, do you pay your bills and credit card accounts on time?

3. Do you maintain a record of the amount spent on various items each month?

4. Is your monthly spending less than your income?

5. If you had an unexpected major expense, would you have access to funds to cover this cost?

6. Do you know the amount in the bank account you use for daily spending?

7. Do you have money automatically set aside each month in a savings or investment program?

8. Does your recordkeeping system allow you to quickly locate important documents?

9. Do you know the balance of your credit card accounts and other loans?

10. Over the past year, have you avoided late fees for credit cards, loans and bills?