Comments on: The Real Key to Acheiving Your Goals http://allfinancialmatters.com/2007/11/29/the-real-key-to-acheiving-your-goals/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Sun, 21 Mar 2010 02:52:04 +0000 http://wordpress.org/?v=abc hourly 1 By: Mark http://allfinancialmatters.com/2007/11/29/the-real-key-to-acheiving-your-goals/comment-page-1/#comment-189359 Mark Thu, 13 Dec 2007 11:37:07 +0000 http://allfinancialmatters.com/2007/11/29/the-real-key-to-acheiving-your-goals/#comment-189359 Good article Meg, but as know through experience,life itself can present many unexpected challenges and obstacles. So that even with SMART goal setting there's no guarantee that a goal aligned with your values or passion will in fact be achieved as believed ;-) For me, the most effective and enjoyable goals have been signposts along rocky paths where I didn't know the end destination in detail... although I made plenty of plans lol Good article Meg, but as know through experience,life itself can present many unexpected challenges and obstacles.

So that even with SMART goal setting there’s no guarantee that a goal aligned with your values or passion will in fact be achieved as believed ;-)

For me, the most effective and enjoyable goals have been signposts along rocky paths where I didn’t know the end destination in detail… although I made plenty of plans lol

]]> By: Marcus http://allfinancialmatters.com/2007/11/29/the-real-key-to-acheiving-your-goals/comment-page-1/#comment-183835 Marcus Mon, 03 Dec 2007 22:04:57 +0000 http://allfinancialmatters.com/2007/11/29/the-real-key-to-acheiving-your-goals/#comment-183835 The difficult part is often wrapping your head around such a large and far-off goal. (Speaking specifically of something such as retirement.) 40 years away is unimaginable when you're 21 years old. You think you have all the time in the world but when you get to 40 years old, retirement becomes a lot more real. It's also almost impossible to comprehend a large number such as "I'll need 1 million dollars at retirement." It's almost not real. How does one get to $1 million? The mind can't easily comprehend a number that large so it often shuts down and does nothing. But if you're able to break it down to--"I need to save X dollars every month" then it becomes something that you can wrap your head around and it's much easier to achieve. The difficult part is often wrapping your head around such a large and far-off goal. (Speaking specifically of something such as retirement.)

40 years away is unimaginable when you’re 21 years old. You think you have all the time in the world but when you get to 40 years old, retirement becomes a lot more real.

It’s also almost impossible to comprehend a large number such as “I’ll need 1 million dollars at retirement.” It’s almost not real. How does one get to $1 million?

The mind can’t easily comprehend a number that large so it often shuts down and does nothing. But if you’re able to break it down to–”I need to save X dollars every month” then it becomes something that you can wrap your head around and it’s much easier to achieve.

]]> By: A whopping pile of links — On Financial Success http://allfinancialmatters.com/2007/11/29/the-real-key-to-acheiving-your-goals/comment-page-1/#comment-183369 A whopping pile of links — On Financial Success Mon, 03 Dec 2007 00:37:32 +0000 http://allfinancialmatters.com/2007/11/29/the-real-key-to-acheiving-your-goals/#comment-183369 [...] AllFinancialMatters, Get Rich Slowly, and Moolanomy talk about achieving goals [...] [...] AllFinancialMatters, Get Rich Slowly, and Moolanomy talk about achieving goals [...]

]]> By: Meg http://allfinancialmatters.com/2007/11/29/the-real-key-to-acheiving-your-goals/comment-page-1/#comment-182372 Meg Fri, 30 Nov 2007 22:03:28 +0000 http://allfinancialmatters.com/2007/11/29/the-real-key-to-acheiving-your-goals/#comment-182372 Good points 10K and JB--it's important to be realistic, but it's not really a "goal" if you're almost certain you will acheive it with little to no effort. Sometimes, especially financially, "goals" are easily confused with "projections." Newbie, I agree with you about publishing your goals, or at least writing them down for yourself. I periodically write goals--in ink!--in the back of my daily planner. Good points 10K and JB–it’s important to be realistic, but it’s not really a “goal” if you’re almost certain you will acheive it with little to no effort. Sometimes, especially financially, “goals” are easily confused with “projections.”

Newbie, I agree with you about publishing your goals, or at least writing them down for yourself. I periodically write goals–in ink!–in the back of my daily planner.

]]> By: newbie investor http://allfinancialmatters.com/2007/11/29/the-real-key-to-acheiving-your-goals/comment-page-1/#comment-182344 newbie investor Fri, 30 Nov 2007 20:30:36 +0000 http://allfinancialmatters.com/2007/11/29/the-real-key-to-acheiving-your-goals/#comment-182344 Add something else: Publish your goals. When you write them down and review them daily, and when you are open to broadcasting your goals to friends, family, business cronies-- THEN you have something official. No going back now... unless you have a better idea and an improved goal. Goals are always changing and evolving, as life itself does. Add something else: Publish your goals. When you write them down and review them daily, and when you are open to broadcasting your goals to friends, family, business cronies– THEN you have something official. No going back now… unless you have a better idea and an improved goal. Goals are always changing and evolving, as life itself does.

]]> By: JB @ GetRichOrDieTrying http://allfinancialmatters.com/2007/11/29/the-real-key-to-acheiving-your-goals/comment-page-1/#comment-182248 JB @ GetRichOrDieTrying Fri, 30 Nov 2007 16:30:46 +0000 http://allfinancialmatters.com/2007/11/29/the-real-key-to-acheiving-your-goals/#comment-182248 But I think you also want to set goals that challenge yourself. Goals are pointless also if they aren't challenging. But I think you also want to set goals that challenge yourself. Goals are pointless also if they aren’t challenging.

]]> By: 10KPortfolio http://allfinancialmatters.com/2007/11/29/the-real-key-to-acheiving-your-goals/comment-page-1/#comment-181804 10KPortfolio Fri, 30 Nov 2007 00:32:11 +0000 http://allfinancialmatters.com/2007/11/29/the-real-key-to-acheiving-your-goals/#comment-181804 Nice Post. If you set attainable goals you will save yourself from the disappointment. Dreams are good as long as they are realistic. Nice Post. If you set attainable goals you will save yourself from the disappointment. Dreams are good as long as they are realistic.

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