5 Steps to Set Achievable Financial Goals
Setting financial goals can be a difficult task. It is hard to know where to begin when you don’t know where to start. By following my 5 steps to set achievable financial goals, discover your potential and see your finances grow.
1. Start With Your Core Values
Most people don’t realize that reaching your financial goals starts with your core values.
You must do well in all areas of your life, and determine what it is you believe in and stand for in order to find true financial success.
Your values lie at the very core of everything you are as a human being. The virtues and qualities that you stand for are what constitute the person you have become and will continue becoming.
All improvement in your life, including financial improvement, begins with you clarifying your true values, committing yourself to living consistently with them, and then aligning everything you do with them.
When you align your work and personal life to support your financial goals, you’ll find it much easier to reach them or any goal you set.
2. Align Goals With Your Values
Next, aligning your goals with your values helps you become a living magnet. One of the most powerful principles in the universe is the law of attraction.
The law makes you a living magnet by using your thoughts to create a force field of energy that radiates out from you and attracts back into your life the people and circumstances that are in harmony with those thoughts.
Every person who has achieved financial independence has become wealthy and successful as a result of holding the idea of wealth and success in their mind long enough and hard enough, until they drew into their life the resources they needed to accomplish it.
Your main job is to keep your mind fixed on improving your personal finances and achieving financial independence.
3. Think BIG But Start Small
Now when it comes to setting your financial goals, you want to think BIG but start small or wherever you are.
High achievers always set challenging goals and continually work towards them in everything they do. Self-made millionaires all started with a dream.
And one of their secrets is dreaming big.
You can then practice “back from the future” thinking. You project yourself forward five years — allow yourself to imagine the amount of money you’d like to earn and have in your bank account.
Then, work back from the future to the present. Make a list of the logical steps, in order, that you need to take to get from where you are to where you want to be. Then figure out what big or small action you can take today.
4. Plan it Out
Next, give yourself time to plan it out and accept that your financial goals are long-term strategies. Many people fail to realize this. They instead go through their days, and their money, trusting luck that somehow they will become wealthy.
They buy lottery tickets, gamble, and think about making a killing in the stock market. The fact is that financial success is long-term money.
Those with financial freedom are patient, persistent, and farsighted. They discipline themselves to save and accumulate money over many years.
As a result of this money habit, each year their wealth grows and they usually surpass their financial goals…
…And keep going!
5. Expect the Best
Lastly, when setting your financial goals, expect the best. The law of expectations says that whatever you expect with confidence, positive or negative, becomes your reality.
So, don’t worry about failure, that is negativity that will manifest into your life. If you confidently expect to become wealthy, hold to that belief, and act as if your financial success was inevitable, you will eventually achieve that goal.
Successful people who become rich expect to succeed, in advance.
The wonderful truth about your expectations is that they are completely under your control. You decide for yourself if you want to become rich and how you are going to get there.
Are you making these mistakes when it comes to building your wealth and setting financial goals? Learn what they are from this report.
About Brian Tracy — Brian is recognized as the top sales training and personal success authority in the world today. He has authored more than 60 books and has produced more than 500 audio and video learning programs on sales, management, business success and personal development, including worldwide bestseller The Psychology of Achievement. Brian's goal is to help you achieve your personal and business goals faster and easier than you ever imagined. You can follow him on Twitter, Facebook, Pinterest, Linkedin and Youtube.