The Goal Setting Process

                      Regular Review

                  { Checking to see that you have done it }

                          Setting A Goal

                          {   Knowing what you want }

                           Laying Plans

                          { Knowing what to do }

                           Taking Action

                                  { Doing it } 

Setting a Goal

Setting goals involves starting with a happy ending and going back to the beginning to make it happen. A goal is something to aim for. Achieving it will bring certain benefits that should be able to clearly identify and visualise. Where do you want to be in 5 years time? What is the motivating force that gets you out of bed each morning?
Goals should be:
1.] Realistic and attainable.
2.] Written down. Research has shown that the very highest achievers write their goals down.
3.] Based on a strong desire  to achieve something worthwhile.
4.] Followed by a detailed plan on how the goal is to be achieved.
5.] Reinforced by positive affirmations.
Once you have identified your goal and have precisely identified the benefits that will flow from achieving it, the next step is to develop plans to achieve that goal.Recognising the benefits will create the desire  to lay plans and take the necessary action.
Most of your financial goals will derive from your personal ones. For example you may want to have more time with your family or pursue a personal interest. From this you could  set a financial goal to gain a job promotion, or increase your sales by 50 per cent over the next year. Achieving that would mean a higher income, a higher saving rate, greater wealth to invest and a permanent income flow, which would then enable you to satisfy the personal goal.

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To your success,
Patricia