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Setting Financial Goals

Teen girls driving bumper cars at an amusement park.

 Embarking on the journey of financial independence as a teenager may seem daunting, but setting clear financial goals is the first step toward achieving long-term success. Here we’ll explore the importance of setting financial goals and provide practical tips for you to get started on your path to financial empowerment.

Short-term goals typically are goals you want to achieve within 3-12 months, a long-term goal is for a much bigger expense and will take longer to accomplish – a year or more.

To accomplish your goals, you will want to make sure they are SMART! Think of it in terms of what, where, when, and how. Make sure the goal is realistic or relevant. And finally, is the goal timely? Do you have a timeframe to accomplish your goal to help keep you focused?

  • S – Specific
  • M – Measurable
  • A – Attainable
  • R – Realistic
  • T – Timely

Setting financial goals empowers you to take control of your financial future. By starting with the basics, making SMART goals, breaking them down, prioritizing and budgeting, and staying motivated, you can lay the groundwork for a financially secure and fulfilling future. So, why wait? Start setting your financial goals today and pave the way for a brighter tomorrow!

Jeanne D’Arc now offers Goal Accounts that let you put aside money for a special purchase or event. Learn more about Goal Accounts.

Stay Savvy!


Celia Otero is a Jeanne D’Arc Financial Wellness Specialist. She’s dedicated to promoting financial education and literacy and strives to ensure that individuals have the tools they need to navigate the complexities of personal finance. With a background in early education and adult learning, Celia believes that by empowering individuals through education they will learn to develop strong habits, make informed choices, and achieve financial well-being. You can find out more about Celia and the rest of the Financial Wellness team here.