Get Tability: OKRs that don't suck | Learn more →

2 OKR examples for Financial Stability

Turn your spreadsheets into OKR dashboards with Tability

Tability is a cheatcode for goal-driven teams. Set perfect OKRs with AI, stay focused on the work that matters.

What are Financial Stability OKRs?

The OKR acronym stands for Objectives and Key Results. It's a goal-setting framework that was introduced at Intel by Andy Grove in the 70s, and it became popular after John Doerr introduced it to Google in the 90s. OKRs helps teams has a shared language to set ambitious goals and track progress towards them.

Crafting effective OKRs can be challenging, particularly for beginners. Emphasizing outcomes rather than projects should be the core of your planning.

We've tailored a list of OKRs examples for Financial Stability to help you. You can look at any of the templates below to get some inspiration for your own goals.

If you want to learn more about the framework, you can read our OKR guide online.

The best tools for writing perfect Financial Stability OKRs

Here are 2 tools that can help you draft your OKRs in no time.

Tability AI: to generate OKRs based on a prompt

Tability AI allows you to describe your goals in a prompt, and generate a fully editable OKR template in seconds.

Watch the video below to see it in action 👇

Tability Feedback: to improve existing OKRs

You can use Tability's AI feedback to improve your OKRs if you already have existing goals.

AI feedback for OKRs in Tability

Tability will scan your OKRs and offer different suggestions to improve them. This can range from a small rewrite of a statement to make it clearer to a complete rewrite of the entire OKR.

Financial Stability OKRs examples

You will find in the next section many different Financial Stability Objectives and Key Results. We've included strategic initiatives in our templates to give you a better idea of the different between the key results (how we measure progress), and the initiatives (what we do to achieve the results).

Hope you'll find this helpful!

OKRs to achieve personal and financial stability

  • ObjectiveAchieve personal and financial stability
  • KRSpend less than monthly income to create savings buffer of 15%
  • TaskCut back on unnecessary costs
  • TaskEstablish a strict monthly budget plan
  • TaskAllocate 15% of every paycheck to savings
  • KRSecure steady income by landing a full time job
  • TaskUpdate and optimize your resume to highlight relevant skills and experiences
  • TaskPrep and practice for potential job interviews
  • TaskResearch and apply to job openings in your chosen field
  • KRAttend 1 personal development workshop per month to enhance emotional stability
  • TaskRegister and pay for selected workshops
  • TaskParticipate fully in each workshop
  • TaskResearch and find upcoming personal development workshops

OKRs to secure employment to considerably escalate financial standing

  • ObjectiveSecure employment to considerably escalate financial standing
  • KRIdentify and apply to 30 relevant job openings within the first month
  • TaskIdentify 30 suitable job openings in the desired field
  • TaskTailor CV and cover letter for each job opening
  • TaskSubmit applications to all identified job openings
  • KRObtain a well-remunerated job offer that multiplies current income by 10
  • TaskNetwork intensively within the desired high-paying industry
  • TaskOptimize job application materials for high salary jobs
  • TaskUpdate skills through additional certifications or advanced education
  • KRSecure at least 5 job interviews within the second month
  • TaskUpdate CV and cover letter to fit targeted job positions
  • TaskApply to at least 20 relevant job postings weekly
  • TaskNetwork with professionals in the chosen field

Financial Stability OKR best practices

Generally speaking, your objectives should be ambitious yet achievable, and your key results should be measurable and time-bound (using the SMART framework can be helpful). It is also recommended to list strategic initiatives under your key results, as it'll help you avoid the common mistake of listing projects in your KRs.

Here are a couple of best practices extracted from our OKR implementation guide 👇

Tip #1: Limit the number of key results

The #1 role of OKRs is to help you and your team focus on what really matters. Business-as-usual activities will still be happening, but you do not need to track your entire roadmap in the OKRs.

We recommend having 3-4 objectives, and 3-4 key results per objective. A platform like Tability can run audits on your data to help you identify the plans that have too many goals.

Tip #2: Commit to weekly OKR check-ins

Don't fall into the set-and-forget trap. It is important to adopt a weekly check-in process to get the full value of your OKRs and make your strategy agile – otherwise this is nothing more than a reporting exercise.

Being able to see trends for your key results will also keep yourself honest.

Tip #3: No more than 2 yellow statuses in a row

Yes, this is another tip for goal-tracking instead of goal-setting (but you'll get plenty of OKR examples above). But, once you have your goals defined, it will be your ability to keep the right sense of urgency that will make the difference.

As a rule of thumb, it's best to avoid having more than 2 yellow/at risk statuses in a row.

Make a call on the 3rd update. You should be either back on track, or off track. This sounds harsh but it's the best way to signal risks early enough to fix things.

Save hours with automated OKR dashboards

AI feedback for OKRs in Tability

Your quarterly OKRs should be tracked weekly if you want to get all the benefits of the OKRs framework. Reviewing progress periodically has several advantages:

Most teams should start with a spreadsheet if they're using OKRs for the first time. Then, you can move to Tability to save time with automated OKR dashboards, data connectors, and actionable insights.

How to get Tability dashboards:

That's it! Tability will instantly get access to 10+ dashboards to monitor progress, visualise trends, and identify risks early.

More Financial Stability OKR templates

We have more templates to help you draft your team goals and OKRs.

Table of contents