What does the 'T' in SMART goals stand for?

Prepare for the Utah Financial Literacy State Test. Dive into interactive questions, complete with explanations and tips, to ensure your success. Boost your financial skills and ace the exam!

The 'T' in SMART goals stands for Timely, which emphasizes the importance of setting a clear timeframe for achieving a goal. Having a specific deadline encourages commitment and creates urgency, making it more likely that individuals will take the necessary steps to achieve their goals. By establishing a timeline, it also allows for better planning and prioritization, enabling individuals to break down the goal into actionable steps that can be tracked over the designated period. This time constraint helps maintain focus and motivation, as progress can be measured and adjustments can be made if needed.

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