Goals 101 – Family/Relationship Goals (Article 2 of 5)

Jun 14, 2009  |  under Financially Elite Blog  |  by Dwight Anthony


goalsOur second set of goals that we should set are Family / Relationship Goals. These are especially noteworthy to families with young children as well as no children. It can also be a goal if you are in a serious relationship to set a goal for it to prosper. First thing you must do is decide what type of Family / Relationship goals you will set to take you and your relationships to the next level. You want to also separate your physical goals from your intangible goals. Physical (or tangible) goals are those you can see and feel, such as a new family car, a gazebo for your fiancé, an awesome family vacation and the list goes on and on. Intangible goals are more quality driven, for example, Quality time with your family, more romance in your relationship, being there for emotional support e.t.c. are priceless goals that cannot be purchased.


Invariably, when you set Family or Relationship (or both), you want to have a sense of complete balance in life. If you are very good in business and work longer hours, your family and relationships will suffer to an extent. Ask yourself, “How can I have the level of financial success and still have quality time with my family / relationships?” Only when we get this balance correct, will our life be more fulfilled because we are getting what we deserve out of life in key areas. To get more quality time with family, maybe you need to cut back on overtime hours at your workplace is just one simple example. You are basically setting goals on the level of lifestyle that you want to accomplish with your relationships.


Once you have this list of your Family / Relationship goals, put a time frame on when you want to accomplish these goals. You want to put a deadline to your goal to make it more measurable. The strength of your subconscious kicks in when we set a deadline as well. It works toward what we want to accomplish in our goals. Write out a number of goals and keep your best ten goals. Make sure to date your goals as well, e.g. ‘My Family / Relationship Goals for 2010’. Also, set out notes / criteria separate from your goals that will help you accomplish each item on your goal list. For example, item #1 on your family / relationships goals list might be, “Take an awesome vacation with family”, and you might write down criteria separate from your list like ‘Research great vacations through my travel agent’.


Now that we have the time frame criteria for our personal goals, you want to write your goals in a certain type of STYLE. We want to write our goals in the present tense like we have already accomplished them. You write your goals like you have already accomplished them. There have been studies to prove this is more effective to getting your subconscious on board to help you achieve your goals. So, for example do not write your goal like, “I would like to have more romantic time with my loved one”. Instead, write, “I am a Romantic and my Relationship is great”. These are the criteria for writing your goals and make them more effective. Once you have your goals written out, put them where you will see them! You want to have them in front of you where you will them daily, better if at least twice a day. I’ve known people to print out their goals on business cards and look at them daily. Following these guidelines will help you reach your goals in the best way.
Next article up will be how to set your Financial / Business Goals.

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Goals 101 – Personal Goals (Article 1 of 5)

Jun 12, 2009  |  under Financially Elite Blog  |  by Dwight Anthony


goalsHave you ever set little goals for yourself like New Year’s Resolutions, losing weight, money goals e.t.c.? Have you found that it can be hard to hit those particular goals if you didn’t write them down and they somehow just get passed over for something else? In these sets of goal setting articles, I will show you how to set a variety of goals for yourself. Most people like to set their own personal goals, the issue is that they never put their thoughts to paper. We will examine various goal setting techniques and the types of goals you should be writing down and reviewing regularly. We will be looking at how to set Personal, Family/ Relationship, Financial, Career and Health/ Energetic goals. In this first article of 5 (five), we will be looking at how to set personal goals, so let’s get started.


What are personal goals? They are those goals that will benefit you directly. Those are the goals that if you set can make you happier, more inner satisfaction, personal development, a great vacation, more peace / meditation, time for yourself/ family and the list goes on and on. As a practice to setting these types of goals, you want to visualize yourself in that perfect setting of how your life would look if you met these goals. Next, you want to make a list of personal goals. Take a sheet of paper and write these down (now, if possible). Narrow your list down to the best 10 choices for your personal life.


Once you have this list of your goals, put a time frame on when you want to accomplish these goals. Usually, a year is a good short term goal, but you can set your personal goals to even shorter term goals like say a month or three months. Time Frame can vary from person to person, but I recommend having a set of annual personal goals as well.


Now that we have the time frame criteria for our personal goals, you want to write your goals in a certain type of STYLE. We want to write our goals in the present tense like we have already accomplished them. There have been studies to prove this is more effective to getting your subconscious on board to help you achieve your goals. So, for example do not write your goal like, “I would like to be a Happy Person”. Instead, write, “I am a Happy Person”. Do not write, “I want to lose 25 lbs”. Instead, write, “I am down to my ideal weight and have lost 25 lbs.” Next, make sure to date your personal goals, for example, “Personal Goals for 2010”. These are the criteria for writing your personal goals and make them more effective. Once you have your goals written out, put them where you will see them! You want to have them in front of you where you will them daily, better if at least twice a day. Following these guidelines will help you reach your goals in the best way.

Next article up will be how to set your Family and Relationship Goals.

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The ‘Latte Factor’…

Jun 11, 2009  |  under Financial Abundance, Financially Elite Blog  |  by Dwight Anthony

cafe3I have to give full credit to David Bach of the Automatic Millionaire series of books for this, but in a nutshell he explains in depth what he calls the latté factor.  It’s the notion that an individual can save even for retirement if they even cut out some of the luxury habits we have like buying a latté coffee every morning. If we were to save that money every day, let’s say $3.50 for our example, that adds up to about about $18.00 in a given work week.  That’s $72.00 a month and $864.00 per year.  If you put that in an investment that returns even 10% per annum, that can lead to over $50,000 over the life of that 20 year investment period!  Makes you think twice about ordering that latté every morning now doesn’t it?

 

It’s not just for latté either, it’s for all the little habits that we have and if we learn to invest that money properly can make us a small fortune down the road.  Let’s look at some other examples.  How about little vices that people depend on like cigarettes?  If each box costs us 4.00 / pack and we smoke a pack a day (based on a normal week) that is $28.00 per week and over $1,400.00 per year!  If you continue on this path, you are literally burning in smoke over $29,000 dollars over 20 years.  What if we took that money and invested it in a good investment that yields 10% per annum?  In 20 years, we could have over $80,000 towards our nest egg or even a wealth builder!  That is the power of compounding and Future Value (FV) of money when invested in something that gives a return %. 

 

Friend, what I would like to ask you is to simply ask yourself this week when tempted to spend on little habits, say, “Do I really need this or can I invest this?”.  Remember our examples above and you’ll definitely start toward a life of abundance because you will know that little money can lead to big money over time.  I have kept this post short on purpose in order for you to have maximum retention on this valuable subject of building money over time.  A little money as you can see from the above example, can add up to big money over time.   Get on the Financial Freedom road map!

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