Tips for Setting your Goals

Tips for Setting your Goals Now that you know what your personal net worth is, you can now set your goals. Here are some tips to help you set personal financial goals that are SMART— Specific, Measurable, Attainable, Relevant, and Timely. Make your goals... More

Tips for Setting your Goals Now that you know what your personal net worth is, you can now set your goals. Here are some tips to help you set personal financial goals that are SMART— Specific, Measurable, Attainable, Relevant, and Timely. Make your goals personal. Remember that you are in-charge of your life. You steer your own ship. The same is true when you set financial goals. They should be your goals. In the same manner that you chose a medical course because you wanted to be a doctor even if your parents wanted you to become a lawyer like them, you should treat your financial goals this way. Ask yourself some vital questions: Am I willing to let go of some conveniences now so I can retire early? Do I want to travel around the world as soon as I’m out of the workforce? Do I want to move to a mansion with a wide lawn in an affluent neighborhood before I turn fifty? By asking yourself the hard-hitting questions, you will be in a better position to set goals that you can call your ow Less