SMART Goal Action Plan Template
Goal Area:
Finance: Reduce Debt
Finance
Pay off or reduce debt by $____________
SMART Goal
Have _____ (number) loan(s) or ______ (number) credit card(s) paid off
Outcome/Results
Action Steps
Time Line
Action and
Time Line
1) Learn more about resources for seeking financial help at
Within 2 weeks, by
MyMilitary FinancePlan>Credit and Debt
__________________
Management>Assessing Your
Debt.
Within a month, by
2) Create a budget plan using the worksheets at
MyMilitary
__________________
GPS FinancePlan>Your Budget
.
For the next ________
3) Pay $______ per month toward _________________ debt.
months
By (date): ___________
4) ________________paid off! _________________ paid off!
By (date): ___________
5) Consider whether budget adjustments are needed. Use the
tools at
MyMilitary GPS Finance Plan>Your Budget>Revisiting
and Revising Your Budget
Support Network
Financial Professional:________________________________________________
Family Member / Significant Other:_______________________________________
Other:_______________________________________________________________
Obstacles
Adjustments
Career and Life Planning Workshop - SMART Goal Setting
Developed by Minnesota State Colleges and Universities (Partially funded by a 2008 congressionally directed grant,
P116Z080299), MN ARNG Deployment Cycle Support,
and Higher Education Veterans Program of Minnesota Department of Veterans Affairs