Setting financial goals

County Agent’s Corner

 

 

Do you have a financial goal? With careful planning, any goal can be achieved. Use these steps to identify financial goals and steps to achieve them within one year.

Setting realistic goals is a vital part of being on schedule to achieve any objective. Start by setting a short-term goal to build your confidence. Seeing success will drive you to set other achievable goals. You never know what you can achieve until you actually set a goal. If you do the work, you will see results.

Lauren Zangardi Haynes, a fiduciary and fee-only financial planner, said, “You can’t know where you are going until you really know where you are right now. That means setting up a budget.”

Setting up a spending plan or budget is a necessity. A budget helps guide you in the right direction. Goal setting is key to your overall achievement. Putting in the work up front will have a huge impact on the result of achieving planned goals.

Remember to think SMART when setting goals.

• S – Specific

• M – Measurable

• A – Action oriented

• R – Reachable

• T – Time bound

Example of a SMART goal: I will save $20 each month for six months by making coffee at home rather than going to the coffee shop twice per month. By doing so, I will save $120 for my daughter’s birthday gift.

For more information on this topic or to download customizable copies of the budget worksheets, go to www.aces.edu/blog/topics/finance-career/financial-goal-setting-worksheets/ or contact the Blount County Extension Office at 205-274-2129.

Upcoming Extension Programs

• Blount County children ages 9 to 14 interested in attending 4H overnight summer camp should contact the Extension Office for more details.

• Tomorrow, Feb. 25, beginning at 9 a.m., there will training held at the Frank Green Building for any grower who would like to be trained and certified in order to take Senior Farmers Market Vouchers as a form of payment. A 2021 Blount County Farmers Market planning meeting follows at noon.

• 2021 Alabama Auxin herbicide trainings will be held virtually at 10 a.m. on the following dates: Feb. 25, March 8, March 11, March 24, April 5, April 19, and May 3. Please contact the Extension Office for more details.

• Tuesday, March 2: Egg safety program presented through Facebook Live. Contact us for more info.

• Thursday, March 4: Timber market update presented online from noon to 12:45 p.m. Contact us for more info.

• Anyone over the age of 60 with qualifying income needing help to sign up for the Senior Farmers Market Voucher Program can come by the Frank Green Building for registration assistance from 9 a.m. to 11 a.m. on Wednesday, March 10, and 2 p.m. to 4 p.m. Wednesday, March 24. Please note, if there are multiple people living in your home who qualify, each person may apply to receive the onetime $30 voucher that can be used at any certified farmers market or road side stand to purchase locally-grown fresh fruits and vegetables.

• Online webinars on recreational pond strategies and invasive plants will be presented from noon to 1 p.m. Wednesdays, March 10 and March 24.

• In-person private pesticide applicator training will be Tuesday, March 23, at the Blount County Extension Office from 9 a.m. until 1 p.m. Registration required.

To register for any program or for more information, call the Blount County Extension office at 205-274-2129. For information on many other upcoming programs, please like our Facebook pages “Blount County-Alabama Extension” and “Blount County 4-H.”