Steps To Reaching Your Financial Goals

Many financial experts say that you should set financial goals by following these basic four steps:

1. Identify and write down your financial goals.
2. Sort your financial goal down into time periods: short-term (less than 1 year), medium-term (1 to 3 years) and long-term (5 years or more).
3. Educate yourself on how to reach the goals.
4. Evaluate your progress.

I find that these basic steps aren’t enough for most people to reach their financial goals as they leave out some important areas I think go a long way in making financial goals attainable. Here is my list of basics to set financial goals:

1. Identify and write down your financial goals.
2. Set a defined time limit and define...

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2 Responses to Steps To Reaching Your Financial Goals

  1. Caitlin says:

    I really need to get better at the whole goal setting thing — I am *pretty* good at meeting goals, but setting them seems hard for me. I like your suggestions…I think they’ll help…

    But I could have *sworn* one of the steps was “collect underpants” ;-)

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