This PDF was originally posted by The Financial Diet in partnership with M&T Bank.

There’s not really a right or wrong way to set a goal — but some methods are more effective than others. And when it comes to your money goals, the more planning you can do, the better. View The Financial Diet’s Guide to SMART Goal-Setting (PDF).

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This content is for informational purposes only. It is not designed or intended to provide financial, tax, legal, investment, accounting, or other professional advice since such advice always requires consideration of individual circumstances. Please consult with the professionals of your choice to discuss your situation.

M&T Money Mentor content is provided by EVERFI, Inc, for educational purposes only. It is not intended to be an offer or solicitation for a product or service and is not an offer to extend credit. The information provided is also not intended to provide investment, tax or legal advice and may contain information on products or services not available at M&T Bank and may describe practices or policies not available or applicable to M&T products. All examples are for illustrative purposes only.