Financial goal setting can be a daunting task. Especially when you aren’t sure how to think about money. But when you decide it’s time to take control of your finances… and gasp… start thinking about a budget… goal setting is a key part of the process.
Even before you have taken stock of where you are at financially, you have most likely had a few dreams of where you’d like to go. If you haven’t thought about a few goals, now is the time to start thinking about them.
Here are some examples of BIG PICTURE GOALS:
The key to goal setting is think about where you’d like to go. The following questions will help – for each, take some time and jot down your responses:
Don’t make your initial goal setting process too complicated. If you have too many goals on it can quickly become overwhelming, and your likelihood of sticking with it drops rapidly.
The best advice we can give you is simply to start setting goals, and then developing a plan to execute your goals. If you don’t start somewhere, you’ll never get to the destination.