Achieving goals does not happen by accident. Smart goal setting for debt reduction, wealth creation and investment property requires a formula. The dream of financial freedom is very common, but how do you actually achieve your objective? It all starts with a well conceived goal.
Goal Setting with the Passion Test
The Passion Test is Chris’ favourite resource for goal setting. So much so that Think Money is now accredited to run this program for our clients. The Passion Test is a simple, powerful process to discover your passions and align your life with what matters most to you, starting now.
From the Passion Test:
“Passion arises from the heart and the purpose of The Passion Test process is to connect you with the things you love most. This includes the things you love doing, the people you love being around, the places where you love to spend time, the kinds of environments you love being in, and the things you love having. Meaning arises from living a life connected to what you love.”
Look for our next Passion Test program.
Goal Setting through Goal Mapping
Our Goal Mapping program helps you to determine your financial goals and desires and to help you move towards them. Our program is detailed, fun and brings forward amazing insights and opportunities for people that they may have not previously given themselves permission to do. It is a wonderful way to access both left-brain and right-brain thinking to focus you to achieving your goals.
Look for our next Goal Mapping program.
5 General Rules for Goal Setting
1. Change your thoughts to change your behavior – create certainty
Taking the first step requires taking action. The action is goal setting. Once the goal is set, we can then set a plan to gather the required information to change our thoughts to create new wealth beliefs that will allow us to make the brave decisions we need to make in order to attain financial success. If you surround yourself with like-minded people and develop a great mindset, you will create certainty.
2. Embrace the change and challenges you will face
We all like to be in control, as most people fear uncertain change. The way to overcome fear is with knowledge. What knowledge? The answer lies in seeking out anything or anyone that will help you embrace your goal. If that goal is financial security then you need to take action. Go to a seminar, listen in on a webinar, read books, discuss options with property and wealth experts, or join a financial property group and surround yourself with people who have what you want.
3. Create a great financial mindset
Stop procrastinating and talking about what you do know and tell me something you don’t know! Talk to me about what you want and where you would like to be in three months, six months, two years, five years and ten years time. The key to financial freedom is not what you know now, it’s what you don’t know. What can you differently? Is there a better way to reach your financial goals? Creating a great financial mindset requires asking questions and means getting uncomfortable. It’s learning about you’re your budget, where you spend your money, what you can do with your money and getting advice from experts.
4. Use your goals to keep you forward moving
If you vividly imagine reaching your financial goals, and the life that comes with them, you will be more likely to attain them – and be happier along the way. Happiness is the key and ii is a definite link to a wealth mindset. You must write down your goals. Post your goals in visible places to remind yourself everyday of what it is you intend to do.
5. Don’t goal it alone
Procrastination, fear and neglect are the most common causes for lack of financial security. It’s important to have a good support team – often people who are not related to you can be the best support. When we are embarking on a new venture or learning curve that may be outside our family or friend’s comfort zone, they may try to talk us out of taking action. Surround yourself with like-minded professionals, and most importantly, advisors who have wealth and wealth and a wealth mindset.