Set your 2019 financial goals yet?
Stuck and not too sure where to start?
Why even bother?
I love setting goals (any kind) and had my 2019 ones ready by 12.15.18. I enjoy the dreaming part most as it allows me to venture into lands my mind would not ordinarily wander. It is in the execution when things may get rough particularly if a goal requires significant change in habit.
Why bother? Every time I sit to map out my dreams, I see exciting possibilities. Possibilities that make my eyes glisten and my heart dance. What if I managed to graduate before my 40th birthday? What if I could travel to Canada for holiday? What if? I self-actualize in some seasons and in others mope about my year-long lazing. Life! The greater truth, however, is we receive more traction when we pursue defined goals.
TRACTION [trak-shuh n] The deliberate and prolonged pulling of a muscle, organ, or the like, as by weights, to correct dislocation or relieve pressure.
Stuck? I too was stuck on money areas to focus on this year and chose to revert to my previous ones. What if, however, we could tailor our goals around the key areas corporate organizations use to measure their performance?
- Income: look for ways of increasing our earnings
- Expenses: get rid of unnecessary costs that could be surrendered to useful gain
- Assets: use these resources to put money in our pockets (read legacy)
- Equity: deliberately learn how to invest in the securities exchange market
- Liabilities: set a good plan to offset the debt that rob us of a good night’s sleep
EASY? Goal setting is a definitely easier process than execution but… In the same way, faith by itself, if it is not accompanied by action, is dead. James 2:17
photo credit here