Three factors necessary to achieve your goals

November 26, 2013

18665868_sIt’s confessions time. Whilst I don’t always know what I’m going to write on Monday morning I usually have at least some idea and sit down at 0630 do a bit of research and away I go!

Today, I was up at just before 6 as usual, but couldn’t move past watching the All Blacks eventually win against Ireland. What a nerve wracking experience that was!! Consequently it is now 8:30 and my mind is pretty blank! Tried to work in something about team efforts, team discipline, doing what needs to be done and team goals but let’s face it I don’t really send this to teams! But then I decided: what about if I changed it to all of those things for individuals!

So here goes!  Some key factors necessary to achieve any financial goals!

Goals! Yes first you need to set a goal or maybe several goals. What do you want to achieve, by when, how are you going to do it and what will have to happen for you to know that you have been successful? The clearer you can be on all of these points the easier it is to achieve them. They need to be so real that you can almost taste them. The All Blacks went into today’s game with the goal of beating Ireland so that they could achieve the record of going through the season, having won every game they played. It was going to be done today, achieved by playing better than Ireland and they knew they had achieved when, at the end of the game and the final whistle blew they had more points than Ireland! Yours need to be as clear as that.

Discipline. You need to be so focused on your goals that this is easy. You want what is at the end so badly that it is easy to keep yourself on track and not spend money on stuff that is outside the plan. If you do, then as soon as possible you straighten up and get back on track. A word of warning here:- Don’t make the plan so strict that you finally call quits and have a big splurge! Just as when you are on a food plan or the dreaded word, diet, it is important to not make it so strict that it is impossible to maintain for the time needed to lose the weight, so it is with a spending plan, or another dreaded word, budget.
Team work. Now this one is not always part of financial goals but it may be; sometimes more than you think! If you are in a relationship then it is important that you have goals that are inspirational for you both so that you are both motivated to stick to the plan. This goes for families too, especially if your children are old enough to understand what you are aiming for. They can then understand that not getting the latest X box is not such a hardship if it helps towards the bigger family goal of eg going to Disneyland! They are much less likely to be motivated by paying off the mortgage unless they can see the advantage to them!! The All Blacks are always very big on this…everyone is working towards what is best for the team.

Celebrate. When you have reached your goal be sure that you celebrate your success and make all the hard work worthwhile. Usually the achievement of the goal has a great deal of satisfaction inherent in it, but a celebration helps reinforce the positive side of striving for success. It reinforces the positive side of goal achievement and makes working toward the next one easier. Now I don’t mean blowing a hole in the credit card you have just paid off by going out and splurging on a dinner at the best restaurant in town accompanies by the best champagne and wines! Sort of defeats the purpose doesn’t it? It would be nice but something slightly more modest will still fit the bill! One would imagine that the All Blacks probably celebrated with a beer or two!

What goals are you focusing on at the moment? Are you well on your way to achieving them or are you having some struggles? I’d love to hear about your experiences and I’ll help where I can.

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