Student Success S.M.A.R.T. Goals

StudentLingo®

On-Demand Student Success Workshops

Financial Literacy: Smart Money Skills For College & Beyond

Action Plan

What are the three best ideas for managing your money that you learned from this workshop?

1. ________I need to be “S.M.A.R.T”_____________________

2. ________I need to start saving now___________________

3. ________Only spend what I have and can afford_____

What are two things that you can do now that will improve your money management skills?

1. ____Put money in savings account_________________

Deadline (I will do this by): ____NOW____________

2. _____Watch my frivolous spending___________________

Deadline (I will do this by): _____NOW___________

Who can you ask to help you with your money management skills? (Friends, partner, family members, academic advisor, counselor, financial aid office)

1. ___________Family__________________________________

2. __________Financial advisor_________________________

3. __________Loved ones______________________________

Think about the main obstacles to successful money management that you face or might encounter in the future. What are they and how will you overcome them?

1. _______I need to stop spending money on small things I don’t need. ____________

To overcome this I will _______stop going out as much___________________________

2. _______I need to put more money in savings. _____________________________________

To overcome this I will ___Put money from my check into my saving account. _______________________________

Activity:

Write down the SMART goal that you wrote down during the workshop and complete the grid for that goal. Add at least one additional SMART goal and complete the grid.

Goal

Target Date

Cost Estimate

Amount Already Saved/Paid

Amount Needed/Month to Reach Goal

1.

put 25 dollars in saving

NOW $25 a month. $25 dollars a month since 2 years ago!! 25 dollars per month

2.

When stable job 100 dollars a month if...