The future belongs to those who believe in the beauty of their dreams.
Happiness lies in the joy of achievement and the thrill of creative effort.
Franklin D. Roosevelt
Goals are targets—something to aim for. They give life direction. Setting goals is a method of anticipating, planning, and preparing for the future.
Goal setting is an effective way of picturing what we want to achieve and what we want our lives to be like. We can then move toward those images in an intentional way. We derive many other benefits from having goals as well:
Despite these benefits, many individuals are reluctant to set goals. Often it is because goal setting has been ineffective for them in the past. Some of us miss our targets and then become disappointed and discouraged. For others, setting goals creates internal stress by mentally switching an idea or a dream from the “want to” category, to the “have to” category. We then begin to feel pressure to perform and experience fear of failure.
Nonetheless, goal setting is an essential component of a holistic financial and life planning process. Therefore, it is important for you to adopt a fresh perspective on goal setting, and to align your financial goals with your personal values and priorities.
Here are tips to help you increase the effectiveness of your goal setting strategies:
Reprinted by permission of Money Quotient, Inc.