How to invest SMART

08 Jun 2023

Back to all Infographics

Setting financial goals is crucial for anyone seeking to achieve long-term financial success. However, merely having a goal is not enough. To truly maximize your chances of success and make steady progress towards your financial outcomes, it's important to set SMART financial goals.

What are the SMART Investment goals


Instead of a vague goal like ‘save more money,’ you could set a specific goal like "save ‘Rs 5 lakhs for a down payment on a house within the next 18 months.’


A goal must be quantifiable so you can track your achievements. In the previous example, saving Rs 5 lakhs can be measured by tracking how much you have saved every month.


Goals should be realistic and attainable after considering your financial resources, capabilities, and constraints . Setting an unattainable goal could lead to frustration and demotivation.


Goals should be relevant to your overall financial objectives and align with your broader financial plan.

Time – bound:

Goals should have a specific timeframe or deadline to create a sense of urgency and focus.

Read more

Popular Infographics

Tag Clouds

Related Infographics

  • Disclaimer

    The contents of this article/infographic/picture/video are meant solely for information purposes and do not necessarily reflect the views of Bank of Baroda. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Bank of Baroda and/ or its Affiliates and its subsidiaries make no representation as to the accuracy; completeness or reliability of any information contained herein or otherwise provided and hereby disclaim any liability with regard to the same. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Bank of Baroda or its affiliates to any licensing or registration requirements. Bank of Baroda shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.

Leave a Comment

Thanks for submitting your details.

5 Key Things to Look For While Selecting an Equity Mutual Fund

50/30/ 20 Rule of Budgeting

Add this website to home screen

Are you Bank of Baroda Customer?

This is to inform you that by clicking on continue, you will be leaving our website and entering the website/Microsite operated by Insurance tie up partner. This link is provided on our Bank’s website for customer convenience and Bank of Baroda does not own or control of this website, and is not responsible for its contents. The Website/Microsite is fully owned & Maintained by Insurance tie up partner.

The use of any of the Insurance’s tie up partners website is subject to the terms of use and other terms and guidelines, if any, contained within tie up partners website.

Proceed to the website

Thank you for visiting

We use cookies (and similar tools) to enhance your experience on our website. To learn more on our cookie policy, Privacy Policy and Terms & Conditions please click here. By continuing to browse this website, you consent to our use of cookies and agree to the Privacy Policy and Terms & Conditions.