If you live near a beach and want to teach snorkeling, that comes to 700 each week and 10 per lesson—60 minutes—every week. After expenses, you believe you can earn $10 each lesson. You will provide lessons five days a week, each lasting an hour. You want to make $15,000 a year in income goal.
income goal is a monetary objective that can be measured. There are several non-measurable developmental goals.
Sometimes, non-quantifiable developmental goals are more crucial than measurable ones, such as achieving financial security. When it comes to working women and enticing more women to work, non-measurable developmental income goal like respect, stability, and equality are more significant than cash.
Knowing what your income goals are is essential because so many people start their own businesses or venture into entrepreneurship without taking their financial situation into account or understanding the business's economics.
It's fine to make a wish list of experiences and things you'd like to do, but you also need to know how you plan to get there, which requires understanding your financial objectives.
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