Setting 2008 Financial Goals – Part 3

Welcome to the latest www.JosephSangl.com series – Setting 2008 Financial Goals!

Setting goals is a HUGE part of achieving your lifelong hopes and dreams.

Here are the steps shared previously.

Step 1:  WRITE DOWN YOUR GOALS

It is SO EASY to get caught up in the mumbo-jumbo everyday stuff and relax on achieving goals.  By writing down your goals, it will help ensure that you do not forget what is most important to you! 

Step 2: PUT A COMPLETION DATE NEXT TO EACH GOAL

There is nothing like setting a deadline to help motivate you to complete each goal! 

Step 3:  ESTABLISH ACCOUNTABILITY

You are doing great!  You have written down your goals and established a target completion date for each one.  Now comes the really hard part … accomplishing the goals!

I have found that there is nothing so effective as personal accountability to ensure that a goal is accomplished.  Who is in your life that you really trust and wants to see you achieve your goals?  If you are married, your spouse should certainly hold you accountable!  If you are not married, who could you ask to hold you accountable?  Married or not, it is very effective to ask those you love and trust the most to hold you accountable.

I have a friend, Mike, who holds me accountable to a financial goal.  About once a quarter, he contacts me to see how I am progressing toward the goal.  I would hate it if he called and I have made no progress!  It helps me stay focused!

You may have different people hold you accountable for different goals.  I have a person who holds me accountable for my stock investment goals.  I have another person who holds me accountable for my real estate goals.  Yet another holds me accountable for the Sangl Family Home Pay-Off Spectacular!

Why don't you take some time right now to determine WHO will hold you accountable for each of your written goals?

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One Response to “Setting 2008 Financial Goals – Part 3”

  1. Mark Riddle September 22, 2012 at 12:56 pm #

    Having even one person to whom you account for sticking to (or not)your committments will keep you wanting to feel good and keep you from wanting to be embarrassed about your actions.

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