Do you have a dream, like wanting to buy a
house, sending your children to college, and having a
comfortable life after you retire? Sounds like the typical
American dream, right? Is it really just an idea in your head,
or is it possible to make it a reality? Your questions will be
answered by setting financial goals.
So how do you set financial goals?
The first thing you’re going to do is to make a
SMART goal.
What is a SMART goal?
SMART stand for:
S – Specific
Unlike dreams, you must set goals that are very
specific. If you make goals, you don’t say “I’m going to send my
son to a good college”, instead say “I’m going to send my son to
Harvard University”. Never forget to always make straighforward
goals if you want them achieved.
M – Measurable
When you make goals, it must contain a
particular amount or quantity. Make goals like “I will cut
household cost down by 75$ for this month”. Making measurable
goals will set your mind to achieve that specific amount; and,
as an effect, making your goal easier to achieve.
A – Attainable
What separates dreams from goals is that goals
are attainable. You make goals that you can achieve like “I will
ride a bus to work instead of riding a taxi”. Don’t make goals
that are almost impossible to attain; you’ll just get
discouraged. Goals come in small ways; but it shows great
results overtime.
R – Realistic
You must aim a little high, but hit a bit lower.
Most goals are never achieved because they are too much to
handle resulting to failure. Start making easy goals and slowly
increase them, like “I’m going to save 1$ every day for one week
and then double it in the following weeks to come.” This way,
you would be able to easily adjust to the changes you make to
achieve a goal.
T – Time-bound
You must set a deadline for your goals. Goals
are sometimes not attained because the time you need to achieve
it is not set. You make goals like “Within a month, my salary
would increase by 50%, by working overtime.” Time constraint
will determine how much effort you will have to exert to achieve
your goal.
Another factor you need to consider on attaining
your financial goal is discipline. Each goal that you create
will require you to sacrifice certain things, such as time,
budget, social life, and many more. You must be disciplined
enough to do what is necessary for you to achieve your goal.
Your goals are more likely to be achieved when
they are positive and are what you want to do. Interest is the
factor that keeps you going to attain your goal. If your goals
are forced onto you, like your boss requiring you to submit a
report, achieving that goal will be difficult and your output is
unsatisfactory compared to those you did with interest.
If you combine all these factors in creating a
financial goal, then, soon enough, your dreams would become a
reality.
way. If you do
so, you will be able to cope up with the sudden changes and keep
your sanity intact.
The CD program "Unleash the Power of Your Mind" assists you in directing your feelings and sincere faith of that which you desire and placing those desires into your subconscious mind for the God in
You to take action.
