|
|
| Information |
|
|
Setting Financial Goals - Part 1
Setting goals is difficult enough without adding the word finance in the mix. Many people are reluctant to tackle the task of determining financial goals. Unfortunately failing to do so can have an adverse effect on achieving a comfortable lifestyle later on in life. This article helps to guide you in successfully determining financial goals that you can actually achieve. Before setting your financial goals there are 3 simple rules that must be followed. You will first need to learn to how effectively control your day-to-day financial affairs. Consistently doing this will allow you to do the things in life that bring you satisfaction and enjoyment. This is commonly referred to as making a budget. The next requirement is to choose a course of action that you can follow to financial success. Finally you must build a financial safety net such as a personal savings account or retirement investment. Simple Steps To Setting Financial Goals Step 1 - Identify and write down your financial goals. This will help you visualize your dreams and desires in the form of goals. This can include saving to send your children to college, buying a new car, saving for a down payment on a house, going on vacation, paying off high interest credit card debt, or planning for your retirement. Step 2 - Take the time to break down your financial goals into several smaller more manageable time driven steps. These include short-term (less than 1 year), medium-term (1 to 3 years) and long-term (5 years or more) goals. Doing this simple task will make your goal setting process easier and more attainable. Step 3 - Educate, Educate, Educate - Spend some time doing your research on financial topics. Read magazines and books on finance related subjects such as investing. Surf the Internet's for investment web sites and don't be afraid to learn about the stock market. Step 4 - Periodically check your progress through a self-evaluation. You'll want to check your progress monthly, quarterly, or at any other interval you feel comfortable with, but at least semi-annually, in order to confirm that your program is working. If you're not making a satisfactory amount of progress on a particular goal, re-evaluate your approach and make changes as necessary. Remember there are no hard and fast rules for implementing a financial plan. It is okay to dare to dream about riches, just be realistic about what you can actually do. When you write your goals down for your visualization process you will identify any that seem unobtainable and quickly see the more realistic goals that will lead you to financial success. The important thing is to at least do something as opposed to nothing, and to start NOW. Timothy Gorman is a successful webmaster and publisher of Best-Free-Insurance-Quotes.com. He provides insurance information and offers discount auto, life and home insurance that you can research in your pajamas on his website.Other websites operated by TimCellular-Phone-Solutions.com - Free information and resources regarding cell phones and cell phone plans. Military-Loans-Online.com - Which provides free money saving loan quotes on all of your loan needs to include home equity loan information.
Latest News:Site: Yahoo! News Search Results for news Myanmar's Suu Kyi to get family letters, news mags (Reuters via Yahoo! News) Detained Myanmar opposition leader Aung San Suu Kyi has managed to wring small concessions from the ruling generals in the form of letters from her family and some international news magazines, her lawyer said on Friday. JCDecaux in talks for News Outdoor Group in Russia (AP via Yahoo! News) French outdoor advertising firm JCDecaux SA said Thursday it is negotiating to buy Russian rival News Outdoor Group from global media company News Corp. News Corp tightens grip on Premiere with new CEO (Reuters via Yahoo! News) Rupert Murdoch tightened his grip on German pay-TV broadcaster Premiere by appointing News Corp executive Mark Williams as CEO in a move to get the company back on track. SEC Looks Into UAL Stock Scare; Implications For Online News? (CBS News) A ton of digits have been devoted to this in other spots but the SEC's decision to investigate takes it to another level. The backstory: a six-year-old news story about UAL declaring bankruptcy made it into the Tribune-owned Sun-Sentinel 's current news flow, was picked up by a Google (NSDQ: GOOG) News bot and, via a reporter for a newsletter, made it onto Bloomberg News. After a lot of buck ... JCDecaux and News Corp. in talks to combine outdoor ad groups (International Herald Tribune) The News Corp. chief executive, Rupert Murdoch, has recently expressed nervousness about investments in Russia, where News Outdoor generated the bulk of its revenue last year. SEC Looks Into UAL Stock Scare; Implications For Online News? (paidContent.org via Yahoo! Finance) A ton of digits have been devoted to this in other spots but the SEC's decision to investigate takes it to another level. The backstory: a six-year-old news story about UAL declaring bankruptcy made it into the Tribune-owned Sun-Sentinel's current news flow, was picked up by a Google News bot and, via a reporter for a newsletter, made it onto Bloomberg News. JCDecaux in talks to buy News Corp. billboard unit (AP via Yahoo! Finance) In a deal that would create the world's largest outdoor advertising company, French conglomerate JCDecaux SA said Thursday that it is in talks to buy Russian rival News Outdoor Group from global media company News Corp. Phila. mayor to announce grim budget news (The Philadelphia Inquirer) The Nutter administration is expected to announce grim budget news today, which is all but certain to lead to significant spending cuts - perhaps as high as 10 percent - in some city departments, according to three sources familiar with the budget. News Corp says Mark Williams interim Premiere CEO (Reuters via Yahoo! News) News Corp. executive Mark Williams has taken over as chief executive of German pay-TV broadcaster Premiere in an interim capacity, News Corp. said after the move led to renewed takeover speculation. News Corp. says Mark Williams interim Premiere CEO (Reuters via Yahoo! News) Mark Williams, a News Corp. executive named late on Wednesday as chief executive of German pay-TV broadcaster Premiere, has taken over in an interim capacity, a News Corp. spokeswoman said on Thursday. Site: news - Google News Ballmer touts Windows 7 beta, new deals - CNET News
MORE RESOURCES: Site: Yahoo! News Search Results for goal setting GIRLS? SOCCER: Giants? goal? School record 15 (Marion Chronicle-Tribune) ANDERSON ? Marion won its first girls? soccer match Wednes-day in record-setting style. The Giants set a single-game scoring record and completely dominated host Anderson Highland, 15-0. Tamara Barrett, Jackie Roorbach and Alex Lester each had three-goal hat tricks for the Giants. Soft-spoken Syd'Quan not shy in setting big goals for Cal and himself at cornerback (Contra Costa Times) Thompson is tied for the NCAA lead in interceptions with three after two games, and three picks is his goal for each game, including Saturday at Maryland. A's setting sights on second place (Oakland A's) A's setting sights on second place Archdiocese sets fundraising record (St. Louis Post-Dispatch) The St. Louis Archdiocese said local Catholics contributed more than $13 million to its annual fundraising effort, surpassing its goal by more than $1 million and setting a record for the 59-year-old campaign. United Way sets goal at $935,000 (Great Falls Tribune) United Way of Cascade County kicked off its annual fundraising drive Tuesday, setting a goal of $935,000. United Way launches campaign for $2.2 million (The Hendersonville Times-News) The United Way of Henderson County volunteers, staff and community officials kicked off the 2008 fund raising campaign at 7:30 a.m. today at the Historic Courthouse, setting a goal of $2.2 million to meet needs of the community in health care, social services and other areas. RI residents oppose mass housing (Quad-City Times) Rock Island?s Housing Authority, or RIHA, wrapped up hours of goal setting for its next fiscal year Thursday night. But controversy is building about one of the agency?s proposals. Sallie Mae to turn on $10B private tap (Baltimore Business Journal) Sallie Mae is rushing into a market many are deserting by setting a goal of making $10 billion worth of student loans that are not backed by the federal government. (SLM) On the agenda (The Fort Collins Coloradoan) September Symposium 8 a.m. to 12:30 p.m., Friday, Lincoln Center, 417 W. Magnolia St. Attend these free sessions on a wide variety of topics ranging from avoiding burnout, performance appraisals, conflict resolution, small business leadership, goal setting, marketing and more. Reservations are required. For more information, visit www.larimerworkforce.org Going for the goal (Bangkok Post - Thailand's English news) Goals are one of the most important elements of success at any level and in any field. Having clear goals helps us know exactly what we want to accomplish in what time frame. Goals can also inspire us and get us excited and motivated. Site: goal setting - Google News A strategic plan for goal setting - Santa Rosa Press Democrat
|
|
|
|
RELATED ARTICLES
Pretend Interest and Apathy... What To Do About Them! According to Merriam-Webster's dictionary "apathy is defined as the following: lack of emotion; lack of interest; indifference".Wow, that's pretty depressing. Do Not Let Anyone Dissuade You From Reaching Your Goals! Years back when I was formulating my plans for life, I heard the statement, "Reach for nothing and you will be certain to get it." Admittedly, my goals during my youth were rather vague and uncertain. A Brand New Year To Live Have you ever started a new year with a New Years resolution? I think many of us have, whether it is to be nicer to family, to be a better friend, co-worker, or even to start that long-awaited diet. Have you ever noticed by the 3rd week or so, you just don't have the motivation or inspiration to keep it up?I can't recall one year that I have kept all of my resolutions. Fear Factor Is it possible for an individual to pass a course of instruction with high marks and remain ineffective?Is it possible that this person never actually learned anything, but merely gathered enough information and remember it well enough to repeat the process?Learning should make you a more effective individual, learning should improve the quality of your life.Do you ever wonder why some stuff sticks in your brain and other stuff falls out?See, it's because. Getting To Good: Your Spontaneous Woo Quotient As I was driving to a friend's house, I passed the Dublin Pub, a local watering hole known for its live music. On the reader board, one band's name caught my eye: Spontaneous Woo. Start Working on Your Goals Today! The alarm goes off at 6am, you roll out of bed and run down the hall to wake up the kids. You're going to be late again! You shower fast while the kids are getting dressed then you head downstairs to grab nutrition bars because you don't have time to make breakfast. What is The Right Action That Leads To Your Ultimate Goals? What is the right thing I need to do to bring forth my desires?What actions do I need to take Now?Am I doing the right thing or the wrong thing?These are the questions that most of us constantly ask ourselves in the mind. Most of the time, we are asking unconsciously. Goals - The Forgotten Success Element Goals are extremely important and are the key to any success plan. However, we hear about goals so much that we often take this step for granted. Waiting On Your Big Break Is Playing Desperation Life! Have you ever put all your eggs in one basket? Have you ever had so much riding on one big break that if it didn't happen you would have to move down to the zoo and live off of kudzu and stump water? If you have, you're playing desperation life!Desperation Life= Trouble Before You Start!If you're playing desperation life, then you didn't do something right early on. Being forced to go for the big break could almost be a good definition of failure. Set Your Mind To Win! Have you ever heard someone say, I could do it if I could just set my mind to it. Have you ever uttered these words, even just to yourself?You can you know. The Power of the Negative The vast majority of us learn very early on that we are expected to deal with facts. In and of itself this might not be such a terrible thing. To Reach Goals: Bypass Resistance & Gather Assistance To reach goals, consider this illustration: If you see roadblocks up ahead on a journey you take a diversion. No one in their right mind would just drive on and hit the obstacle head on just hoping they get through!Bypass ResistanceWhen you set a goal and if you are going to successfully reach goals, you need to write down a list of potential obstacles you may face. Increase Your Knowledge: Read-and-Reap Did you know that you see with your mind as well as your eyes? The mind stores memories and highlights of past experiences as well as color intensity, hue and a variety of other details. How you see (your eyesight) and how the brain makes sense of what you see is at the heart of a total visual experience. The Best Way to Quit Smoking: Fasting to Quit Most quit smoking books, maybe all of them won't tell you what I'm about to tell you next. Fasting is one of the best methods to quit smoking, if not the best. The Focus Wheel The Focus Wheel was first described by Abraham-Hicks as a tool to help us clarify and fix our focus on what we truly desire. If you have been practicing "deliberate attraction" for a while, then you know from experience that:The more clear you become about what you want or desire, the quicker and more easily the Universe brings it to you. The Importance Of Having A Goal In Life At the age of twenty two, I read a book that described the importance of having a goal in life. In the books example, a survey had been carried out at a school. Lifes Values Over time I have come to realize that the three most important subjects in the world to man are sex, property and religion. By the first we create life, by the second we maintain life and by the third we hope to continue life in the world to come. Achieve Your Goals By Doing Something About Them The title of this article sounds simplistic but it is amazing how often people (including me) sit staring at a problem like mounting paperwork and become so depressed by the thought of all the work to be done that they do nothing and continue in a paralytic state for days and even months!The article aims to cheer such people up by the fact that they are not the only ones to be paralyzed by their mounting tasks. It also offers one or two solutions to the problem. A Winner Never Uses Chance or Luck to Win In games of chance, what separates a player from a winner and are they mutually exclusive?It takes some skill to be a good poker player. Certainly one needs to know the number of cards in a deck, how many suits in each deck and what the different hands are and which hand beats which. Blogging Your Way to Goal Success If you have always been procrastinating on how to get started or going with your goals, try this interesting method. Write a blog.
|
| Home | Site Map | Resource Links |
.jpg)