A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related Brickyard terms
- Financial PlanA written roadmap that maps your income, spending, saving, and investing to reach specific money goals over time.
- Savings RateThe share of your income you set aside rather than spend, usually shown as a percentage of your take-home pay.
- Net Worth StatementA snapshot listing everything you own and everything you owe, with the difference showing your financial standing.
- BudgetA plan for the money you already earn — deciding where each dollar goes before it disappears.
- Financial IndependenceThe point where your savings and investments generate enough income to cover your living costs without needing a paycheck.
Turn this into a brick
Knowing what SMART Goals means is knowledge — the first half. A brick gets placed when you act on it.
More in Wealth Building & Financial Planning
Plain-English education — not personalized legal, tax, or investment advice.