Money and Finance
Hi Everyone,
While at work today, my employer sent out a corporate email stating that our performance review meetings are coming up. Performance reviews are basically a way for the company to tell you what you are worth to them. Every year it is the same thing. My supervisor and his boss call me into their office and we go over what I have accomplished in the past year and what my goals are for this coming year. Normally, I would not be writing a post about this but the corporate email that was sent asked us to create SMART goals that give them a well-defined perspective of what we want for our future.
This struck a cord because as I look through the multiple blogs I follow and others that I do not follow but might in the future, I noticed that a lot of you have SMART goals defined. One blogger in particular, Dividend Mantra even called his whole post "The importance of being SMART with your goals" and went on to elaborate on each.
This brought me back to review my goals and see how I am doing. When I set up my goals, I did not exactly follow the SMART acronym but I feel I can still judge how I am doing.
Essentially SMART goals are:
For goal two, I can definitely say I am connecting with the blogging community. This will be my 25th post on the blog, most of which have occurred this year. This little corner of the internet is incredibly inspirational and I want to thank all of you readers and other bloggers out there for your constant praise and upbeat attitudes!
Finally, the one that is least able to quantify, Save as much as possible but live life. Although hard to judge, I feel I am meeting this metric right now. My wife and I have cut back on needless expenses recently which is a great feeling. Instead of going out to eat once a week like we did a lot last year, we have stayed in, cooked and saved money. Cooking is a great way to bond as husband and wife and its fun to screw up a recipe and try to fix it by adding a bunch of things in. The laughs are genuine and the memories will last forever. On the other side of the coin, my wife and I just got back from a 4 day trip to Austin, Texas which was very fun and she is going to surprise me with a trip sometime this summer for a few days.
Overall, its been a really great year so far and I think I have SMART goals set up.
Thanks for reading,
ADD
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Money and Finance
SMART Goals - Update on 2015 goals
While at work today, my employer sent out a corporate email stating that our performance review meetings are coming up. Performance reviews are basically a way for the company to tell you what you are worth to them. Every year it is the same thing. My supervisor and his boss call me into their office and we go over what I have accomplished in the past year and what my goals are for this coming year. Normally, I would not be writing a post about this but the corporate email that was sent asked us to create SMART goals that give them a well-defined perspective of what we want for our future.
This struck a cord because as I look through the multiple blogs I follow and others that I do not follow but might in the future, I noticed that a lot of you have SMART goals defined. One blogger in particular, Dividend Mantra even called his whole post "The importance of being SMART with your goals" and went on to elaborate on each.
This brought me back to review my goals and see how I am doing. When I set up my goals, I did not exactly follow the SMART acronym but I feel I can still judge how I am doing.
Essentially SMART goals are:
- Specific
- Measureable
- Achievable
- Results-Oriented
- Time-bound
- Receive $4,500 in dividends
- Connect with the blogging community
- Save as much as possible but live life
For goal two, I can definitely say I am connecting with the blogging community. This will be my 25th post on the blog, most of which have occurred this year. This little corner of the internet is incredibly inspirational and I want to thank all of you readers and other bloggers out there for your constant praise and upbeat attitudes!
Finally, the one that is least able to quantify, Save as much as possible but live life. Although hard to judge, I feel I am meeting this metric right now. My wife and I have cut back on needless expenses recently which is a great feeling. Instead of going out to eat once a week like we did a lot last year, we have stayed in, cooked and saved money. Cooking is a great way to bond as husband and wife and its fun to screw up a recipe and try to fix it by adding a bunch of things in. The laughs are genuine and the memories will last forever. On the other side of the coin, my wife and I just got back from a 4 day trip to Austin, Texas which was very fun and she is going to surprise me with a trip sometime this summer for a few days.
Overall, its been a really great year so far and I think I have SMART goals set up.
- Specific - $4,500 in dividends, connect with bloggers
- Measureable - $495.73 so far in dividends, 25 posts, 1 trip
- Achievable - 17% of year complete, 11% away from dividend total.
- Results-Oriented - Dividends = results, Posts/comments = Results, Trips/Family = Results
- Time-bound - Need to accomplish everything in 2015!
Thanks for reading,
ADD
- 2014 Goals
Last week I reviewed how I did on all of my goals for 2013. From a financial perspective it was a resounding success without any huge misses. The goals I'm most proud of was hitting an 80% savings mark for the year and the huge net worth increase....
- New Year's Resolutions + Happy New Year
I hope you had a great Christmas. These are my goals for 2015. Investing Goals 1) Have a 12 month annual expected dividend of $1,500. 2) Receive $1,000 in dividends. 3) Create a sharebuilder Motif Loyal 3 account and invest regularly in defensive...
- Dividend Income - December 2015 Update
Hi Everyone, Well there is its... 2015 is gone and 2016 is here. The year went by incredibly fast, that's for sure. But, I know for a fact that I had a ball this year! My wife and I didn’t hit nearly all of our financial goals...
- Dividend Income - May 2015 Update
Hi Everyone, It's that time again when we get to post about a favorite topic of mine, dividends! We hope this post inspires other families out there to start saving and investing as soon as they can. The power you feel knowing that you...
- Goals For 2015
Hi Everyone, Another day, another dollar. Another year, another opportunity to reach the American Dividend Dream! This is my first post with regards to setting goals but I believe these are necessary in helping to lay out a plan for the future. ...