4 Fresh Ways to Achieve Your Financial Goals

4 Fresh Ways to Achieve Your Financial Goals

4 Fresh Ways to Set Goals (that are actually fun!)

Hold up…..keep reading. I promise I’m not talking about S.M.A.R.T. Goals (wink face). You know me, and you know that I love a little competition in my life, so today, I want to talk to you about 4 ways that I set goals that are fun, motivating, and of course … gamified!

In life, we look long term and live short term. We dream for the future and live in the present. Unfortunately, the present can produce many challenging obstacles. Fortunately, the more powerful our goals, the more we will act on them in the short term and guarantee that they will come to pass in the long term.

Goal setting is paramount because it provides focus, molds our dreams, and gives us the ability to hone in on the exact actions we need to take in order to get everything in life we aspire. Goals cause us to stretch and grow in ways we never have before.

1.Good, Better, Best Method for Goals

Has this ever happened to you? You work hard to bring in some new customers, and while you get five good ones, you’re still disappointed because you were sort of hoping for…more. Is that a success? Or a failure?

  1. First, be specific with your goals. Let’s say your good goal is 5, as that is what is expected of you. It’s the baseline goal.
  2. Next, figure out what your better goal is. If last year your average was 8.5 new clients per month, up the anti, your better goal is 10.
  3. Finally, with your best goal, dream big. Get crazy on this goal. What makes you feel uncomfortable but attainable if all the stars align. Say last year nobody was able to close more than 16 clients within a month. Make your best goal 16!


Fun, right? Make this a game.

2. Milestones for Motivated Goals

A milestone is an event, a point in time, that indicates important stages of progression. Knowing you are halfway to your destination is incredibly motivating! 

For example, you want to save for three months of expenses for an emergency fund. Mile marker one would be getting $1,000 saved as fast as you can; mile marker two is to save for one month of expenses, next marker is two months saved, finally meeting your goal of three months.

Tip: When funding your savings account, view it as purchasing security!

3. Use Visual Tools to Achieve Your Goals

Do not understatement the power of keeping your goal visual.

Here are a few ideas I like:

  • Write it down on multiple sticky notes and place them around your home and office.
  • Use paperclips that represent every hundred dollars left to payoff on your credit card.
  • Finally, check out https://debtfreecharts.com/  to print a chart to document your progress.

4. Accountability

Plenty of people set goals, but far fewer are genuinely willing to state their goals in a way that sets them up for success. There is one critical component of bringing the desired goal to fruition: accountability.
 
Consider this scenario: Your alarm clock goes off at 6:30 a.m. You plan to get up and attend an OrangeTheory class, but it’s raining outside, and your bed is nice and warm. In which of the following conditions are you more likely to actually make it to your workout?
 
  1. You have an exercise partner or coach who will be meeting you at the gym at 7:00.
  2. You didn’t tell anyone you were planning on working out this morning, and no one but you will know if you hit the snooze button two more times.
 
It’s a no-brainer. Obviously, you chose scenario #1 because someone is holding you accountable for your actions.
 
Your accountability partner can be a family, friend, coach, or even paying for something in advance will help you stay accountable for attending.

Fact: Studies have shown that you are twice as likely to achieve them when you share your goals with others then if you keep the goals to yourself.

If you are ready to get accountable, I’m ready to help you achieve your goals! Let’s connect to talk about your goals.

Meet MicKallyn

mickallyn ellis in her office

 

Hi, I’m Mickallyn, a Mortgage Lender/Banker turned Financial Coach.  When student loans put me in debt, I knew I didn’t want to live the rest of my life paying them off, so I figured out how to pay them all off in just a year. Now I have zero debt, 3 homes, 4 college degrees and am raising two little boys. I’ve traveled to over 22 countries and live a debt free life. I’m committed to helping others do the same through 1 on 1 coaching and personalized plans that actually work.

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