MONEY SAVING...

3 Steps to Achieve Financial Goals

3 min read
3 Steps to Achieve Financial Goals

If you listen to any athlete or professional sports person, they are all about goals. 

They live it, they breathe it, they own it,  and it’s a good way to be.  After all how can you get to a destination if you don’t know where you’re going.

It’s easy to say ‘I’ll be rich and have a nice car, a boat, a white picket fence and a pool’ – but if you don’t know how to achieve it – it will never happen.  You have to make it happen, and that’s where goals are handy.

Most people give up on goals because they are too hard, they set them so far away and so high – it looks impossible.

1. Goals are hard – but the trick to keeping up with your goals is to break them down into mini-achievable goals.

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via Giphy

Say you want a holiday a Fiji and it will cost $5,000.00 and you want to go in 12 months time.   OK – that’s step 1 – you know your final destination.  Now we have to break it up into achievable sub-goals.  $5,000 divided into 52 weeks = $96.00 per week.  Ok – $96/week is a lot more achievable than $5,000.00.

2. Next step – you don’t have $96.00 spare to put away – you only have $80.00 a week spare.

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via www.thegarlandgirl.com

This is the point most people give up.  Now put a picture of Fiji on your fridge or somewhere you will see it every day to keep the ‘spark’ going – and ask yourself how you can find an extra $16/week to put towards a trip.  If you can’t trim your budget any further, are you able to help someone out for a few hours a week to make up the shortfall, are you able to sell something of no use to you, can you give up your bottle of wine a week or a couple of coffees.   Anything is do-able if you have the desire to get there.

3. Open a savings account – you will accrue a little bit of interest.

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via www.helpful.com

Sure – it won’t be much – but it’s money you don’t have to work for or earn.

Setting goals are the way to make all your financial dreams come true!

3 Steps to Achieve Financial Goals | Stay At Home Mum

About Author

Jody Allen

Jody is the founder and essence of Stay at Home Mum. An insatiable appetite for reading from a very young age had Jody harbouring dreams of being a pu...Read Moreblished author since primary school. That deep-seeded need to write found its way to the public eye in 2011 with the launch of SAHM. Fast forward 4 years and a few thousand articles Jody has fulfilled her dream of being published in print. With the 2014 launch of Once a Month Cooking and 2015's Live Well on Less, thanks to Penguin Random House, Jody shows no signs of slowing down. The master of true native content, Jody lives and experiences first hand every word of advertorial she pens. Mum to two magnificent boys and wife to her beloved Brendan; Jody's voice is a sure fire winner when you need to talk to Mums. Read Less

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