Perhaps your goal is to save money for a television. Let’s use the $MART goal-setting technique to develop a spending-savings plan.

• $PECIFIC - $500.00 for television
• MEASURABLE - $84.00 per month for six months
• ATTAINABLE – yes, because the total amount is achievable
• REALISTIC – yes, because the timeframe and dollar amount are reasonable
• TIME Line – 6 months