Section 1 - Instruction

You've learned about SMART goals and paying yourself first. Now let's practice combining these concepts into complete systems you can actually use.

A complete system includes your goal, your monthly amount, and your timing strategy.

Engagement Message

Ready to build some real-world savings systems?

Section 2 - Practice

Type

Fill In The Blanks

Markdown With Blanks

Let's help Carlos build his complete system. He earns $3,200 monthly, gets paid on the 1st, and wants to save $160 for emergencies.

Carlos's Complete System:

SMART Goal: "Save $1,000 for emergencies by [[blank:August]] 2024" (6 months)

Pay Yourself First: Save [[blank:$160]] immediately when paid

Timing: Transfer on [[blank:2nd]] of each month (day after paycheck)

Suggested Answers

  • August
  • $160
  • 2nd
  • $320
  • 15th
  • last
Section 3 - Practice

Type

Sort Into Boxes

Practice Question

Sort these elements into where they belong in a complete savings system.

Labels

  • First Box Label: Goal Setting
  • Second Box Label: Execution

First Box Items

  • $1,500 target
  • Emergency fund
  • 12-month timeline
  • SMART format

Second Box Items

  • $125 monthly
  • Pay yourself first
  • Transfer on 3rd
  • Separate account
Section 4 - Practice

Type

Multiple Choice

Practice Question

Jessica earns $2,400 monthly and gets paid on the 15th. She wants to save $120 monthly for her emergency fund using pay yourself first. When should she schedule her savings transfer?

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