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Archive for January, 2011

Did you set resolutions or goals?

January 4th, 2011 at 02:58 pm

With 2011 just starting. I am sure a lot of people are starting new years resolutions. Like losing weight, quitting smoking, ect. But I personally do not think resolutions work. I think its better to set yourself goals.

Here are 7 ways to help your goals work for you.

1)Your goals must be achievable
Meaning that your goals should be something that your reasonably confident you can reach. Goals can be broken down into 3 types.
Long range-usually cover several years.
Intermediate Goals- Breaking down your long range goals into annual or semi annual steps.
Short term goals- Breaking down your intermediate goals into monthly or weekly steps.

2)Your goals must be worthwhile
This should be something that has value to you and makes you enthusiastic. The more you desire something the more easier it will be to obtain.

3)Your goals should be clear-cut
Your goal needs to be specific so you can have a better chance of reaching it. Make sure you set definitive goals and make it happen.

4) Your goals need a timetable
When you set your goals, give them a deadline. Have an end in sight or you probably wont be serious about achieving it.

5) You must be true to your goals
Goals will only work when we consider them to be promises to ourselves, and keep them with the same tenacity as if we were keeping a promise to a loved one or friend.

6)Goals should cover all different aspects of life
Goals need to cover more than one area of your life like health or business. Its good to cover all areas like career, family, social, mental-physical well-being, and financial.

7) Your goals should be stepping stones to higher goals
If you are able to reach your goals it should cause you to want to keep building on them and making them better. Even if you dont hit a goal completely you will have deep inner satisfaction of knowing you gave it your best shot. You will be more likely to double your efforts and keep going.

What will you do when your debt free?

January 2nd, 2011 at 10:02 pm

So you have worked your butt off to pay your debt off. Now what? You have now freed up your greatest wealth building tool which is your income. What kind of good can you do for someone else?

What is that thing that you have always wanted to do but didn't feel you were able to because of all the debt that way hanging over your head? Take a step back to look deep within yourself and find that true passion that has been lying dormant for years and let it out.