Saturday, September 25, 2010

Setting goals for your financial independence

There's something we don't understand. Why people choose not set goals for themselves? Furthermore, why people don't have financial goals in place?

If it's hailed by all of the "experts", both self-proclaimed and acclaimed, that people with goals end up more successful than those without (the majority of the time)..why is it that the majority of people don't make tangible goals? To make this more personal our goal is to become profitable in three years. The goal of Cloud 9's founder is to have an annual salary of $100,000 before he turns 35. He turned 21 a few weeks ago.

Now to the meat of this post. Establishing financial goals for your future can prove extremely beneficial as well as useful. What it does for an individual is that it puts a tangible, attainable, relevant, and time sensitive  "assignment" on their time horizon. It's a constant reminder to reach for the stars, a constant alert that you are slacking, it takes the place of a nagging wife (so-to-speak). And as human beings, setting up accountability parameters is always of the utmost importance when dealing with something as urgent as financial independence.

No comments:

Post a Comment