How to make your goals SMART this year - Raiz Invest

Want to save and invest more in 2022, and want a goal you can stick to? Why not make it a SMART goal, to give yourself the best chance of reaching it!


What is a SMART goal?

SMART is an acronym for what a goal should represent.

Specific – Make it clear and concise. Goals which are too broad are prone to a lack of direction.

Measurable  –  How will you track your goal? Being able to see your progress does wonders for motivation.

Achievable  – Goals should be realistic and attainable, not pedestals from which you inevitably tumble.

Relevant –  You should be able to clearly answer any questions like “why are you setting this goal?” and “how does this goal fit into the bigger picture?”

Time-bound – Keep yourself accountable by setting a time-line for your goal.


An example of a SMART Goal

“I want to save and invest $1,000 in 2022 to buy a surfboard.” This is a specific amount over a known timeframe, and for purpose. With all these components, it should be possible for someone to go about reaching that goal, and it starts with saving and investing $20 a week.


Raiz Recurring Investments can help you reach your goal

The recurring investment feature can help you automate investing, whether its an investment daily, weekly fortnightly or monthly. If you set a goal of investing $1,000 in a year and want to automatically invest $20 a week, recurring investments can help get you there! Once you have setup the recurring investment, you just need to ensure you have the funds available from your funding account to be automatically invested on your behalf, in this example weekly.


Set a goal, make it SMART, and let recurring investments help you reach it

It may seem too easy. That’s what we aim to do at Raiz; make your process of reaching your investment goals as smooth as possible. Imagine what you can achieve in 2022?

To see Raiz fees, click here.

To see if Raiz is suitable for you, please read the PDS.



Don’t have the Raiz App?

Download it for free in the App store or the Webapp below:


Click to download the Raiz app


Important Information

If you have read all or any part of our email, website, or communication then you need to know that this is factual information and general advice only. This means it does not consider any person’s particular financial objectives, financial situation, or financial needs. If you are an investor, you should consult a licensed adviser before acting on any information to fully understand the benefits and risk associated with the product. This is your call but that is what you should do.

You may be surprised to learn that RAIZ Invest Australia Limited (ABN 26 604 402 815) (Raiz), an authorised representative AFSL 434776 prepared this information.

We are not allowed, and have not prepared this information to offer financial product advice or a recommendation in relation to any investments or securities. If we did give you personal advice, which we did not, then the use of the Raiz App would be a lot more expensive than the current pricing – sorry but true. You therefore should not rely on this information to make investment decisions, because it was not about you for once, and unfortunately, we cannot advise you on who or what you can rely on – again sorry.

A Product Disclosure Statement (PDS) for Raiz Invest and/or Raiz Invest Super is available on the Raiz Invest website and App. A person must read and consider the PDS before deciding whether, or not, to acquire and/or continue to hold interests in the financial product. We know and ASIC research shows that you probably won’t, but we want you to, and we encourage you to read the PDS so you know exactly what the product does, its risks and costs. If you don’t read the PDS, it’s a bit like flying blind. Probably not a good idea.

The risks and fees for investing are fully set out in the PDS and include the risks that would ordinarily apply to investing. You should note, as illustrated by the global financial crisis of 2008, that sometimes  not even professionals in the financial services sector understand the ordinary risks of investing – because by their nature many risks are unknown – but you still need to give it a go and try to understand the risks set out in the PDS.

Any returns shown or implied are not forecasts and are not reliable guides or predictors of future performance. Those of you who cannot afford financial advice may be considering ignoring this statement, but please don’t, it is so true.

Under no circumstance is the information to be used by, or presented to, a person for the purposes of deciding about investing in Raiz Invest or Raiz Invest Super.

This information may be based on assumptions or market conditions which change without notice and have not been independently verified. Basically, this says nothing stays the same for long in financial markets (or even in life for that matter) and we are sorry. We try, but we can’t promise that the information is accurate, or stays accurate.

Any opinions or information expressed are subject to change without notice; that’s just the way we roll.

The bundll and superbundll products are provided by FlexiCards Australia Pty Ltd ABN 31 099 651 877 Australian credit licence number 247415. Bundll, snooze and superbundll are trademarks of Flexirent Capital Pty Ltd, a subsidiary of FlexiGroup Limited. Lots of names, which basically you aren’t allowed to reproduce without their permission and we need to include here.

Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.

Home loans are subject to approval from the lending institution and Raiz Home Ownership makes no warranties as to the success of an application until all relevant information has been provided.

Raiz Home Ownership Pty Ltd (ABN 14 645 876 937), an Australian Credit Representative number 528594 under Australian Credit Licence number 387025. Raiz Home Ownership Pty Ltd is 100% owned by Raiz Invest Australia Limited (ABN 26 604 402 815).