Money In Your Life 1
Setting Financial Goals 1
Money In Your Life 2
Setting Financial Goals 2
Money In Your Life 3
100

What is well-being?

Feeling good about one's life

100
What is a goal?
The end result of something a person intends to acquire, achieve, do, reach, or accomplish something in the near or distant future.
100
What is one thing that contributes to the social aspect of your well-being?
Network of family and friends. Part of community. Sense of belonging.
100
Goal setting is important to_____
Financial planning!
100
What is one thing that contributes to the emotional aspect of your well-being?
Feeling of sense of worth. Having purpose. Healthy outlook of life.
200

To Mrs. Fields, no amount of money is too much when spending on this

Scout

200
What is a financial goal?
Objectives accomplished through financial planning.
200
What is one thing that contributes to the financial aspect of your well-being?
Managing money. Having self-control over spending's.
200
What does R stand for in S.M.A.R.T goals?
Realistic: Examine consequences of Goal. Trade off, giving one thing for another.
200
What is one thing that contributes to the intellectual aspect of your well-being?
Gaining knowledge, learning to problem solve.
300

The 5 domains of well-being

Physical, Intellectual, Social, Emotional, and Financial.

300
What does the S stand for in S.M.A.R.T goals?
Specific: Clearly defined end result. State plan in mind for money.
300
What is one thing that contributes to physical aspect of your well-being?
Exercising, eating well. Staying healthy.
300
What does T stand for in S.M.A.R.T goals?
Time Bound: When goal will be reached/accomplished. Short-Term: Less than a Year Long-Term: More than a Year
300
How you ______ increases well‐being.
Financially plan
400
What is Financial Well‐Being?
Managing money in ways that build a sense of competence, understanding, and control.
400
What does the M stand for in S.M.A.R.T goals?
Measurable: When you will know the goals will be met. State the exact dollar amount.
400

Goals should always be ______________ ___________. 

written down

400

What is one way that you can ensure you reach your goal after it is written?

Share your goal with others

400
How can you create positive financial well‐being?
Financially plan and set financial goals. Have self-control over spending's.
500
What is financial planning?
Managing money continuously through life in order to reach financial goals.
500
What does the A stand for in S.M.A.R.T goals?
Attainable: Step by Step outline on how the goal will be reached. Determined by spending plan or budget.
500
What does successful financial planning look like?
Being financially stable. Being able to afford what you need. Having set a financial plan for the future.
500

What is the difference between a short term goal and a long term goal?

Short terms goals take less than 1 year, long term goals take 1 year or more

500
What is one question to ask yourself regarding your feelings about money?
How will I financially plan? How can I better improve my overall well-being? How will I achieve financial stability?
M
e
n
u