Good Morning Green Panda Friends. Welcome to the first Monday in March.  Today we are discussing how to achieve our goals as well as the financial impact that they can have on our lives.  Lots of people have dreams and goals but unfortunately (for one reason or another) not a lot of us achieve our dreams.  There are several reasons why we may not achieve our dreams and goals such as lack of time, unrealistic targets, as well as lack of financial means.

Think about your personal goal…what is it? Maybe your goal is to graduate from college, maybe your dream is to attend Grad School, maybe your dream is to travel, or maybe your personal goal is to move to a big city and find your dream job after graduation.  Now let me ask you a question, what is stopping you from achieving your personal dreams?

Make a Detailed Plan to Achieve Your Goals

Green Panda is here to help you make a plan to achieve your personal dreams and goals.  The first thing that we have to do when we want to achieve our goals is clearly define our goals.  Then we have to make a detailed plan and set a clear path that we want to follow in order to eventually achieve those goals.

Making a detailed plan to achieve our goals includes setting a target date as well as what small steps we need to take in order to achieve our goal. We should also research the cost of our goal as well as how much each of the steps will cost. Once we have a defined goal along with a target date and the necessary steps of action we can start working towards our goal.

Free Up Some Time to Work Towards Your Goals

Our busy lives and the lack of free time may limit the amount of time that we can dedicate to working towards our goals. Between our responsibilities at work or school and our required duties at home we may have very little personal time to focus on other activities.

The key to working towards our dreams is to actually find the time to work towards our dreams.  We should set an allotted amount of time each week where we do absolutely nothing but work towards our goals.  Whether it is one hour a day or one hour per week we should turn off our television, shut off our cell phone, and turn off our computer and dedicate our free time to achieving our dreams and goals.

Start Saving for Your Personal Goals

One of the main reasons why people don’t achieve their goals is because we don’t have time to dedicate towards working on our goals.  Once we have a detailed plan with a target date and we have freed up the time to work towards our goals we can start saving money for our goals.

Once we know how much our dream will cost we can start saving towards our goal.  We should Pay Yourself First.  This means that when we get our Paycheck we should put some money aside for personal savings before we pay our bills and other monthly expenses. This ensures that we are always saving on a continuous basis towards our personal goals.  Even saving $50 per month can add up over time as a nice nest egg to help us achieve our goals.

We can also save in reverse. If we know how much our dream will cost and we have set a target date then we can divide our monthly savings into equal payments over the amount of time until we reach our target goal date.

Photo by karindalziel

Tahnya Kristina

Tahnya Kristina

Tahnya is 30 years old and lives in Montreal Quebec. She graduated in 2005 from Concordia University, and she currently works for a major International Financial Institution. She recently launched You can follow her on Twitter @TahnyaP.