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← 5.3 Financial Goals

Factors to consider when setting financial goals

Pre-Technical Studies · Grade 7 · about 40 minutes

Analyse six factors — income, needs and wants, time, family, risk, honesty — before writing a money goal.

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  • 7 sections of explanation, worked examples and diagrams
  • 1 practice task with hints and worked answers
  • A quiz that marks itself as you go
  • Your progress kept across every subject you take
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Other lessons in this sub-strand

  1. What a financial goal is
  2. Why setting financial goals matters
  3. Financial discipline
  4. Factors to consider when setting financial goals
  5. Needs, wants and income
  6. Time, family and risk
  7. SMART financial goals
  8. Formulate a goal for individual development
  9. Saving with M-Pesa, cash and safe places
  10. Practising financial discipline