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Why it is so important to choose a goal by yourself and watch after its achievement

Even if it sounds simple and it was written in most textbooks and also known to all from teachers and parents – a goal decides everything.
Think about it!

 

Many people consider that it does not worth attention, or they think that it something unattainable, therefore, even if they once thought of it and have formulated for themselves a goal, they don’t go back to that anymore and continue to live with their current problems and businesses. After some years the few return to the ideas of their main goal and analyze the achievement of the result. Even less people verify their actions with the set aims and plans, doing some amendments and adjustments.



In the previous articles you can find information about the types of financial goals and their dividing into long-term, medium-term and short-term.  



Now we want to talk, why it is important to define our personal goal!



Certainly, in any case it is possible to ask for help the financial consultants and experts, but it makes sense for you only when you discuss a certain tactic and instruments of the goal achievement with them, but not the goal itself. That is why this is a personal and individual business.
Meanwhile it is necessary to be very honest with yourself and to realize soundly own desires and possibilities and also possible limitations. Thus you should start the goal setting from most important things for you. You need to think over what exactly you understand under the words the financial independence, what it means personally for you. Is it possessing of a house, a good job, a regular life, or a prestigious office, an attention of a public, your own business? Such decision should be made by you and not by others, only you has right to decide.



Having understood this, it is possible to make an effort to measure it, how it can be shown in money or sum of assets, and then to estimate your current status and how far you are from your aim. It is important not to give up and not to stop, if you think that you are too distant for today from this aim and you need to go back to it later, or if you will decide, that today is not the time to think about it, because of the crisis situation in a country. Please remember that everything has its end and bad times also, but it will be very difficult to go back to your goal.



It is much better to set the real goal, properly estimating the possibilities and correcting it, taking into an account the nascent external circumstances. Then every little victory will be an enormous motivational factor for the future and will bring a big satisfaction.



Determining your goal, it is necessary to think of all factors which can influence on it, for example children’s entering to school and college, purchasing of a car, because it will result in charges which can move away the achievement of the main goal for some time.



But you should be prepared to such events and you also must take them into account in your aims, because this is also important for you and these events are part of your life goal which certainly is very closely bound with the financial goal.  



Also a very important factor is determination of terms of achievement of the financial goal. In this case it is also important to be a realist and to estimate your real possibilities. So, probably, it is difficult to achieve your goal that consists in gaining 1 000000 dollars for a couple of years, having available only 1000 dollars.



But no matter how ambitious your goal is, it is very important to understand, whether you are ready inwardly to do everything for its achievement, to sacrifice your time and knowledge, whether you have internal key factors which you can involve for the performance of the goal, whether you are ready to give up something for this goal.

  

Only looking into yourself, it is possible to formulate rightly such a goal.
After you making your choice and formulation of the goal you need to consider the tools of the passive profit increase, which can help you in future and you also have to estimate your knowledge and abilities in using them. We will describe such tools in our next article.


Comments

  • Destry Monday, September 12, 2011
    Ah yes, nilcey put, everyone.

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