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Setting Financial Goals - Business - Nairaland

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Setting Financial Goals by deeobserver209(m): 4:15pm On Sep 05, 2013
It’s a known fact that
every one of us wants to succeed. We all want a good
life. We all want to be financially successful. Nobody
wants to suffer in a state of brokeness. How can we
achieve such a life style of success?
Everyone has goals, whether we know it or not. It is
either you set a goal for yourself or you follow
someone else’s goals. We have goals to keep our
current job, or to get a different one. We have goals to
save the future, or travel to vacation spots, or
purchase that dream car or house to make our lives
more worthwhile. An important distinction is that
some are very much focused on their goals while
others are not.
Goals are like catalyst in the finance of achievement.
Financial success or financial independence is setting
goals and achieving it. The difference between the
people who set goals and those who don’t is that those
who set goals usually dedicate to those who don’t. It is
difficult to be a leader without goals.
Being clear with your purpose, vision and goals will
put you in the top 7% of the world’s achievers, all you
have to do is write down some specific action steps
that will help you accomplish your goals on your daily
activities and take action.

Why Set Financial Goals?
Benefits of Setting Goals; Goal setting helps us
determine our priorities, get organized, make big
decisions, and realize our dreams. Almost all
motivational experts incorporate goal setting as an
important part of their program. Goal achieving
process entails the following requirements;

1. Well Formed Goal Statements.
2. Breaking Goals Down into Manageable Steps.
3. Motivation and Commitment.
4. Reminders and Keeping on Track.
5. Frequent Review and Re-assessment.

Our goals should be specific enough so that we know
exactly what we are striving for, measurable so we can
tell exactly when the goals has been reached, action-
orient to indicate an activity that will produce results,
realistic in that it is practical and can be achieved, and
time and resources constrained meaning that it has a
definite deadline for completion and realizes limited
availability of resources.

Key Factors in Reaching Your Goals.
-The following are key factors to consider in setting up your goals,
-Write them down
-Work on them
-Get the right information. Decide what
you need to know to achieve your
goals.
-Put your priorities in focus.
-Visualize.
-Start with what you have.
-Be...
http://businessmechanics101..com/2013/08/its-known-fact-that-every-one-of-us_22.html?m=1

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