Financial Goal Design for this New Year !

HI ,

Every New Year all of us think to have a resolution "Re-Solution" in all aspects be it in Health, Financial Independence, Be Happy and many more, we do act for couple of months - Like joining gyms, savings small amounts, Outings with family etc..., but post that we start lagging because of work pressure or something else. So I thought to share you some basic info on Financial Goal Design for this new year which can focus on your "BFF - Better Financial Future".

Don't Just Think it - INK IT

The weakest ink is stronger than the strongest mind. Unless you write down your goals, they are often lost in the shuffle and excitement of new problems, challenges and decisions.

SMART Goals :

This is the time we need to realign our financial goals to attain our dreams.

S - Specific - Specific means well defined, something that would be clear to anyone else. How much you need for you child's education, Pension, Health, Home purchase or even for your dream car to buy ? 

M - Measurable - This is where we quantify our objectives so that we can measure our achievements against them. When you measure your progress, you stay on track, reach your target daes, and experience the exhilaration of achievement. 

A - Attainable - This is the time to pull your head out of the clouds and put your feet back on the ground. Your goals need to stretch you, push you to go farther and faster than your ever thought possible.

R - Relevant -  This is one of the most important criteria to scrub against. Are the goals you set above in alignment with the core values you outlined in installment or Do they align with your mission and support the vision you have for your life ? You want to be sure the direction in which you focus your creative capacity is in the direction of what is truly most important to you, your life and the legacy you intend to leave. If not reconsider.

T - Time Sensitive - You think, act and react with the urgency and appropriate energy defined by the task. Most of us are busy in all aspects, instant answer we get is  "NET TIME - NO EXTRA TIME" but the fact is everyone can make time for sure if you are really committed, focused and time specific.

BELIEVE IN YOUR GOALS - ITS YOUR LIFE AND YOUR FINANCIAL GOALS :

Many people set goals that they think they "should" have, rather than what they truly want for themselves. Don't let your family's, colleagues or society's ideals or expectations dictate your ambitions. In fact, if your written goals are not from your true heart and inner ambition, your creative spirit will not work to produce them anyway. All it will do is frustrate you and give you the illusion that you are a failure and not capable, when in actuality you successfully avoided (didn't achieve) what your inner spirit didn't really want anyway.

I am sure this 2014 will be the best for you and your family to kick start your financial success with small and simple tips which I shared.

I wish you all Happy and Prosperous New Year.

Your Friend,

Umashankar.M

9538490099

Have a Splendid Year !