Year end generally signals goal setting for the upcoming year. Our minds shift to what we want to accomplish, things we want to change and ideas for how we want to get there. These could include financial goals, health and fitness goals, education goals or even a desire for more travel and experiences.
I’m a strong believer that to achieve a goal, you need to have a plan. Am I right? You’re not going to achieve a financial goal, if you haven’t planned how to get there. Looking at your budget is a good place to start. If your goal is saving, what do you need to put aside to achieve your goal? If the goal is to pay off a debt, how will you eat away at the debt? Your budget will help determine where you have wiggle room to adjust.
My goal this year is to travel to the East Coast. I’ve researched places to visit and how many stops I’ll need to make along the way. I’ve even booked some of my stays. Knowing what the trip will cost, I can now allocate a little money each month to cover not only my stays, but gas for my car, meals and entertainment along the way.
Goals aren’t always easy to achieve, but with careful planning, a positive attitude and by following a few tips, you’ll get there.
Be smart
You may have heard of SMART goals. These are goals that are specific, measurable, achievable, relevant and time bound. Be clear about what you want to achieve.
Specific – What exactly do you want to achieve. I want to travel to the East Coast, but specifically, I want to visit Cape Breton. My goal, however, is more about saving enough to get there.
Measurable – Your goal should be meaningful. If you can apply achievable measures, you’ll remain optimistic and motivated to get there.
Achievable – Make your goal something that’s achievable with effort. If your goal is to pay down debt, start with one element rather than aiming for everything you owe.
Relevant – You’re more likely to stick to your plan when there’s a reason for its existence. Your goal needs to make sense and possess an overall purpose.
Time bound – Set a realistic timeframe to achieve your goal. If the plan is to lose 20 lbs, it’s unlikely you’ll achieve that goal in two weeks. Don’t get discouraged by setting a deadline that doesn’t make sense.
Celebrate the milestones
It doesn’t stop here. Make note of milestones along the way so you can celebrate your small wins. There’s no better feeling than achieving a step towards the bigger goal.
There’s also benefit in sharing your goals with a friend, family member or colleague. They can be great supporters with words of encouragement.
Now go out and set some goals!
Writing for you. 