Fascination Advantage How The World Sees You


Goal Setting Meeting - Are all Goals Exciting?

During a recent Goal Setting Meeting we where discussing achieving long-term goals, and occasionally someone will ask if all his or her goals are supposed to be exciting and motivating?

Here is the reality - NOT all goals are exciting, nor do the actions provide big excitement, nor should they.

The area of your life where it is easiest and hardest to set and take action toward your goals is the area of finance.

Let’s face it, saving money is boring. Saving a dollar a day and putting it in a piggy bank is boring, and unless it is a clear glass piggy bank it is hard to see progress. At the end of the month you have saved thirty dollars. these days that doesn’t even cover two people going out to the movies.

If you are following the strategies of Rich Dad Poor Dad, or the Millionaire Next Door, or the Wealthy Barber, you would be setting a goal to save 10% of your earnings. The one time you don’t do it, you get discouraged because in order to make up for it you have to put in 20% the next time. How the heck are you going to do that?

Free checklist for offsite meetings

Attend a Goal Setting Meeting to get Help with your Goals

Once again this is a function of focus. Developing the habit of saving by regularly saving is good. Trying to take consistent action on a day-to-day basis is hard for many people.

So how do you achieve these goals you ask?

I have learned that the measurement period needs to be longer. When possible I try to measure progress on five-year intervals for my financial goals.

What do I mean?

I do follow the principles of forced savings as put forward in the books above. Thanks to the banks and technology this is no longer hard to do. I simply have the money automatically deducted from my bank account, and off my paycheck on a regular basis. 

My mortgage gets paid this way, my RRSP (401K) gets contributed to this way, my investment properties become bigger assets as the tenant pays down the mortgage this way.

If I looked at what each month did for my financial position I would drive myself nuts. Instead I look at where I was five years ago and where I am now. 

This is a big enough gap to measure progress, and see appreciation in the mutual funds, stocks, and real estate. This is when you can see the two-fold effect that is exciting.

You can see how much you have contributed over time, and you can see how the asset has appreciated over that same time frame. 

You will never be able to see this on a day-to-day, or month-to-month basis.

Small changes for the positive over a long period of time can produce really BIG results.

These are just some of the things we end up discussing during a Goal Setting Meeting.

Disclaimer: This is not meant to be investment advice of any kind. 

Discover more about Goal Evolution Groups unique online member meetings, worksheets,  and mentoring and coaching.

Related Articles:


Some Amazing FREE Stuff...
1. Ensure your next Team Meeting is a wonderful experience for all!

FREE Tips on HOW TO AVOID the Five Things that go Horribly Wrong with offsite meetings! Click Here to Download!
2. FREE Goal Setting Workbook plus Free BONUS Report on The Secrets of How To Anchor Your Goals!

Download your FREE Goal Setting Workbook - CLICK HERE!
3. Extravert or Introvert? FREE ONLINE Assessment

CLICK HERE - Discover Your Preference and How To maximize your Energy Levels!
4. The Secrets of How To COST JUSTIFY your next Team Building event revealed!

Download your FREE Team Building Event ROI (Return on Involvement/Investment) Calculator - CLICK HERE!
5.
6. "10 Tips for Eliminating Conflict" Quickly Learn Techniques On How To Make Work More Enjoyable!

Click HERE to GET The Ten Tips For Eliminating Conflict at Work