Question

When we make goals, we can use the word SMART to check if they are good goals or if they need to be improved.

Which of these is a SMART financial goal?
Choose 1 answer:
Choose 1 answer:
(Choice A) I want to save

for an emergency fund by the end of the year.
A
I want to save

for an emergency fund by the end of the year.
(Choice B) I want to save money.
B
I want to save money.
(Choice C) I want to save enough money to buy a car someday.
C
I want to save enough money to buy a car someday.
(Choice D) I want to save

of my income every month.
D
I want to save

of my income every month.

Answer 1

[AI-generated answer — Bot GPT 3.5]

The SMART financial goal is Choice D: "I want to save 15% of my income every month." This goal is specific (saving a specific percentage of income), measurable (saving 15% of income), attainable (saving a portion of income is possible), relevant (saving for future financial security), and time-bound (saving every month).