SMART Goals
The S and M in SMART goals
What is Specific and Measurable?
A useful or valuable thing
What is an Asset?
The title of form 1&2 in the record book
What is Income?
Is this an Income or Expense
"Bought feed for your pigs."
What is an Expense?
Input on the income or expense page
"On January 21st Matt sold his car for $3,000 to his younger brother."
What is Income?
The A in SMART goals
What is Achievable?
A cost required for something
The section FFA Degrees and Awards are recorded
What is Section A.?
Is this an Income or an Expense
"Worked on the family farm for money"
What is an Income?
The only time you make an entry for hours worked
What is when you are inputting income?
Is this a SMART Goal?
"I will study for 30 minutes every night."
What is No?
The change in value over time
The color of the Income and Expense pages
What is Green and Red?
What account category does this belong to
"Bought a new car"
What is personal?
What is the one piece of information that needs recorded for making an entry in FFA Degrees
The R and T in SMART goals
What is Relevant and Time?
The definition of Net Worth
What is the total wealth of an individual taking into account all financial assets minus liabilities?
The section students record extracurricular activities outside of FFA
What is Section F.?
What account category does this belong to
"Built a fence for hourly pay"
What is placement?
When is it appropriate to select a career pathway when making an entry on the income and expense pages?
Is this a SMART goal
"I will increase my mile run time from 9:30 to 8:45 by practicing three days per week for the next 8 weeks."
What is yes?
The definition of Cash Flow
What is money being transferred in and out of an account showing high or low liquidity?
The 5 different account categories found on the accounts tab
What is personal, placement, ownership, agriscience, and borrowed.
What account does this belong to
"Babysitting for my neighbor"
What is Personal Income?
Making community service entries you need to input what 5 pieces of information
1. Date
2. Activity and Organization
3. Level of Participation
4. Hours worked
5. Responsibility