Setting SMART goals for the New Year (and saving money on insurance)
A new year is a great time to reflect on your life and make some positive changes. Whether you want to improve your health, finances, career, or relationships, setting goals can help you achieve your dreams. However, not all goals are created equal. Some are vague, unrealistic, or irrelevant, and they can quickly lose their appeal and motivation. That’s why you need to set SMART goals for the new year.
SMART stands for specific, measurable, attainable, relevant, and timely. These are the criteria that make a goal effective and achievable. In this blog post, we’ll explain how you can use the criteria to set SMART goals for the new year. We’ll also show you how choosing the right insurance for what you need can be a good goal to have, and how King Price can help you save money and get some of the best cover possible.
Specific
A specific goal is 1 that clearly defines what you want to accomplish, and how you’ll do it. It answers the questions of who, what, where, when, why, and how. For example, instead of saying ‘I want to lose weight’, a specific goal would be ‘I want to lose 10kgs by 1 June by following a low-carb diet and exercising for 30 minutes, 3 times a week.’
A specific goal gives you clear direction and focus and helps you avoid distractions and procrastination. It also makes it easier to track your progress and measure your success.
Measurable
A measurable goal has a quantifiable indicator of how much you’ve achieved, or how close you are to achieving it. It answers the question of how much, how many, or how often. For example, instead of saying ‘I want to save money’, a measurable goal would be ‘I want to save R10,000 by 31 December by putting aside R1,000 every month.’
A measurable goal helps you monitor your performance and evaluate your results. It also gives you a sense of accomplishment and motivation as you see yourself getting closer to your target.
Attainable
An attainable goal is 1 that’s realistic and within your reach, given your current situation, resources, and abilities. It answers the question of how possible or feasible it is.
An attainable goal challenges you to stretch your limits, but not to the point of frustration or failure. It also helps you identify and overcome any potential obstacles or barriers that might prevent you from achieving your goal.
Relevant
A relevant goal aligns with your values, interests, and long-term vision. It answers the question of why it matters or why it’s important. If you want to learn a new language, set a relevant goal like ‘I want to learn Spanish by July because I want to travel to Spain next year and communicate with the locals.’
A relevant goal inspires you to pursue your passion and purpose and connects your goal to a bigger picture. It also helps you prioritise your goals and focus on the ones that are most meaningful and beneficial to you.
Timely
A timely goal has a specific deadline or timeframe for completion. It answers the question of when or how soon.
A timely goal creates a sense of urgency and accountability and helps you avoid procrastination and delays. It also helps you plan your actions and schedule your tasks accordingly.
How to save money on insurance
1 of the most common goals that people have for the new year is to save money and improve their financial situation. There are many ways to do this, such as cutting expenses, increasing income, investing wisely, and budgeting carefully. But 1 of the easiest and most effective ways to save money is to choose the right insurance for what you need.
Insurance is a vital part of your financial security and peace of mind. It protects you from unexpected losses and liabilities that could otherwise ruin your finances and your life. However, not all insurance policies are the same. Some are too expensive, some are too cheap, and some are just not suitable for your needs.
That’s why you need to compare different insurance options and find the 1 that offers the best value and cover for your situation. And that’s where King Price comes in. They offer comprehensive, affordable insurance for your home, your belongings, your life, and your business. Plus, they have a royal service that’s always ready to assist you, 24/7.
By choosing King Price, you can save money on your insurance premiums, and get some of the best cover on offer. You can also refer friends and get up to R10,000 credit.
Setting SMART goals for the new year is a great way to make positive changes in your life and achieve your dreams. Keen to find out more about the king of insurance? For a commitment-free quote simply click here or WhatsApp us on 0860 50 50 50 and join the King Price family.
Psst… This blog provides general info only, and doesn’t count as financial or product advice from King Price or our legal and compliance experts. Remember, all our premiums are risk-profile-dependent, and T’s and C’s apply. Our most up-to-date KPPD (policy wording) can always be found here.
Our website T’s and C’s can be found here.
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Setting SMART goals for the New Year (and saving money on insurance)
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Learn how to set SMART goals for the new year, and how to save money and get the best cover possible with King Price.
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The king
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King Price Insurance
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