Most if not all project management will use SMART criteria when setting project objective. The first known uses of the term occur in the November 1981 issue of Management Review. In order to make my objectives more organized, I will use the same concept as well. So what are they:
S-Specific
M-Measurable
A-Attainable
R-Relevant
T-Time-bound
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So there you go. Any objective set would need to be specific, measurable, attainable, relevant and time bound for it to be meaningful.
So here are my objectives. I hope by writing it here, it will help me boost my moral towards achieving financial freedom.
Save at least 10% of my total salary each month for next 12 months in 2011.
- At the moment that is what im doing now, so I just have to continue what im doing.
Get a government loan for housing
- Have to check first whether im eligible or not. If not, then I have to scrap this plan
Increase monthly income. Sorry, I can’t specify how much-err maybe increase by at least 20%.
- Find other source of income-part time job, start buying share, blogging?
Buy 1 property (with the condition of achieving my first 3 goals)
So that’s it. Maybe some of the objectives are not specific enough, but I will go through it again later.
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