Home     About Us    Contact Us     Contribute     Privacy
Investing
Stocks
Bonds
Mutual Funds
Biz
Credit
Career
College
Economics
Tax
More
 
 
Marketplace
Related Articles
Related Categories
Tip of the Day

Tip of the Day Plan

Plan - Part of retiring without losing your current benefits and standard of living is due to planning for your retirement and starting early. Today the social security people...

read entire tip

Related Podcasts
Recently Added
Other Great Sites
 

Setting Reachable Goals

Posted On: 2005-12-22
Length: 15:05

Listen to this podcast

Hi, this is Joan and this is episode 23 of The Prosperity Show, and today we're going to talk about setting realistic goals. But before we get to that, let me remind you that if you want to get in touch with me, my email is Joan@theprosperityshow.com. You can also call our voice mail line 206-888-HELP. That's 206-888-4857. And our main site is prosperityplace.com where you can find lots of information about improving your relationship with money and yourself. And as part of the process of improving your relationship with money, setting goals that are realistic and achievable is certainly one of the things that you would probably want to consider. Because it's been proven many times over that people who set specific goals and work with their goals actually achieve more than people who have this kind of a Morpheus, well this is what I want to achieve, one day I want to make more money, I want to do this, I want to do that. Without actually focusing on the goals. The idea is to decide what you really want. Very specifically, so that you can create a strategy for going after it. If you just say, "I want to make more money," that's too Morpheus, that's too vague. It's hard to say well, if I do X I can earn Y. It doesn't push you towards that specificity which you really need in order to accomplish great things.

Good goals are specific, measurable, attainable, and time sensitive. In other words, you don't just say I want to make more money. You say, I'd like to make 10% more than I'm making now by such-and-such a date. That's specific, measurable, and if it's attainable, well, if you're in a job that never gives raises, and you want to earn more money, within the job it's not attainable. You'll have to look at something else. And in looking at something else, that opens up a whole new bag of worms because you say, ok, if I'm going to earn more, I have to have a little business on the side. Then you have to go into the whole arena of starting a business and looking at all of the things that are related to that. In setting goals for the future, you have to also make sure that the goals you set are in tune with your personal values. For example, if you want to achieve something that's going to take a lot of hard work, you're going to have to work a lot of extra hours, put in a lot of extra effort, and one of your values is spending a particular amount of time with your family, well reaching the goal that you've set would take you away from your family. And because it goes against what matters to you, you might begin to resent...

Discuss It!
Most Popular Articles
Most Popular Definitions
 
Daily Definition

Definition of the Day Price Leadership

Price Leadership – Whenever a key market leader takes and set the tone, pace and price, markets are left to catch up, competitors having to lower, adjust, raise their prices accordingly in the name of competition. Then markets (and pricing), will shift, move and respond. Such management, control, direction and...

read entire definition

 
 

 

 

Home     About Us    Contact Us     Contribute     Sitemap

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Copyright © 2009 TeenAnalyst.com