Comments on: 5 Tips For Effective Goal Setting http://financialhighway.com/5-tips-for-effective-goal-setting/ Personal finance blog discussing investments, savings, insurance and financial planning ideas to grow wealth Mon, 21 May 2012 10:00:11 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Kayla http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-6175 Kayla Wed, 22 Sep 2010 00:41:51 +0000 http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-6175 Im studying goal setting in my bachelors class and i found this site really helpful. I think I might use some of your tips for a presentation. Im studying goal setting in my bachelors class and i found this site really helpful. I think I might use some of your tips for a presentation.

]]> By: Chase http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2440 Chase Tue, 02 Feb 2010 01:30:29 +0000 http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2440 I have found that making smaller "mini-goals" for each goal makes attaining them much easier. For instance, if I have to clean the house, I make mini-goals of "clean bathroom", "sweep porch", etc. I have found that making smaller “mini-goals” for each goal makes attaining them much easier.

For instance, if I have to clean the house, I make mini-goals of “clean bathroom”, “sweep porch”, etc.

]]> By: bloggy http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2424 bloggy Mon, 01 Feb 2010 05:11:13 +0000 http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2424 Nice article!!!!!!!!! Nice article!!!!!!!!!

]]> By: Shaun http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2366 Shaun Mon, 25 Jan 2010 04:22:15 +0000 http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2366 I definately have trouble with #1. My goals are always 10x as big as they should be. But that isn't really a bad thing, it does help me grow faster then if I would have just settled for what was realistic. I may not reach an unrealistic goal, but that does not stop me from trying. I definately have trouble with #1. My goals are always 10x as big as they should be. But that isn’t really a bad thing, it does help me grow faster then if I would have just settled for what was realistic.

I may not reach an unrealistic goal, but that does not stop me from trying.

]]> By: Christina http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2315 Christina Fri, 15 Jan 2010 09:48:47 +0000 http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2315 Do I really need to make it public...it got me thinking but then it's a way to motivate to realizing your goals. Well, as everyone says create a SMART goal, making it public is new to me but then I think it make sense. Do I really need to make it public…it got me thinking but then it’s a way to motivate to realizing your goals. Well, as everyone says create a SMART goal, making it public is new to me but then I think it make sense.

]]> By: Goal Setting: My Report Card | Balance Junkie http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2299 Goal Setting: My Report Card | Balance Junkie Tue, 12 Jan 2010 10:52:24 +0000 http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2299 [...] setting rules are all over the place. Very recently, MoneyNing, Financial Highway, and Gail Vaz-Oxlade had some good posts on the topic. Really, you can’t hear this stuff too [...] [...] setting rules are all over the place. Very recently, MoneyNing, Financial Highway, and Gail Vaz-Oxlade had some good posts on the topic. Really, you can’t hear this stuff too [...]

]]> By: Thicken My Wallet http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2296 Thicken My Wallet Mon, 11 Jan 2010 21:47:11 +0000 http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2296 Find an accountability buddy to determine (a) whether your goals are realistic; (b) keep on you to reach them. Find an accountability buddy to determine (a) whether your goals are realistic; (b) keep on you to reach them.

]]> By: -> 50 Personal Finance Bloggers To Watch In 2010 | Bible Money Matters http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2295 -> 50 Personal Finance Bloggers To Watch In 2010 | Bible Money Matters Mon, 11 Jan 2010 20:06:28 +0000 http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2295 [...] Financial Highway: Ray has been one of the more prolific writers in the PF world this year, with guest posts on several of the biggest blogs.  His site rocks too: 5 Tips For Effective Goal Setting. [...] [...] Financial Highway: Ray has been one of the more prolific writers in the PF world this year, with guest posts on several of the biggest blogs.  His site rocks too: 5 Tips For Effective Goal Setting. [...]

]]> By: GoalHappy http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2253 GoalHappy Wed, 06 Jan 2010 23:04:08 +0000 http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2253 SMART goals are definitely the first step. You then need to track your progress and share this with friends to get further encouragement! SMART goals are definitely the first step. You then need to track your progress and share this with friends to get further encouragement!

]]> By: SailboatFamily http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2246 SailboatFamily Wed, 06 Jan 2010 12:11:36 +0000 http://financialhighway.com/5-tips-for-effective-goal-setting/#comment-2246 Meaningful. The goal must be meaningful to you. Often times people who fail at obtaining their goals were pursuing goals that were not meaningful to them. Maybe they read a blog and thought, "yeah, that's a great goal" and then hoisted it upon themselves when the goal itself didn't have true personal meaning. When establishing your goal, be very sure that it means something personal to you. If you don't have a true personal interest in it, then you won't have the internal fortitude necessary to stick it out. Piece. The goal must be a piece in a larger puzzle or plan. When specific tactical goals are being pursued, knowing how it fits in a larger plan is critical. When you see clearly how a specific goal impacts the bigger picture, the specific goals importance becomes obvious and this will help you stick to its completion. Further, it allows you to telescope the magnitude of the goal based on the mindset you have at a given moment. As an example, we had a family goal of acquiring $100,000 in 12 months. That is a big goal, but it was only part of a larger plan .... our plan to sail around the world as a family. The bigger goal, and the impact on our lives of sailing around the world over 3+ years, is huge compared to putting away $100,000, making the $100,000 goal small. Granularity. The granularity of the goal must be set right for you. Some people like to tick off boxes with frequency. If so, set the granularity of your goal so that each day, or week, or month, you can check the box off indicating that you have completed your goal. Know your patience level, and set your goal size accordingly. Meaningful. The goal must be meaningful to you. Often times people who fail at obtaining their goals were pursuing goals that were not meaningful to them. Maybe they read a blog and thought, “yeah, that’s a great goal” and then hoisted it upon themselves when the goal itself didn’t have true personal meaning. When establishing your goal, be very sure that it means something personal to you. If you don’t have a true personal interest in it, then you won’t have the internal fortitude necessary to stick it out.

Piece. The goal must be a piece in a larger puzzle or plan. When specific tactical goals are being pursued, knowing how it fits in a larger plan is critical. When you see clearly how a specific goal impacts the bigger picture, the specific goals importance becomes obvious and this will help you stick to its completion. Further, it allows you to telescope the magnitude of the goal based on the mindset you have at a given moment. As an example, we had a family goal of acquiring $100,000 in 12 months. That is a big goal, but it was only part of a larger plan …. our plan to sail around the world as a family. The bigger goal, and the impact on our lives of sailing around the world over 3+ years, is huge compared to putting away $100,000, making the $100,000 goal small.

Granularity. The granularity of the goal must be set right for you. Some people like to tick off boxes with frequency. If so, set the granularity of your goal so that each day, or week, or month, you can check the box off indicating that you have completed your goal. Know your patience level, and set your goal size accordingly.

]]>