Most people lead busy lives with no time to think about their lifestyle and financial goals. The busier you get the harder it seems to set aside the time to start thinking about what your ideal future looks like.

People end up fumbling their way through life, and before you know it, you’re faced with retirement, and with no concrete plans.

What do you do?

1. Have goals

The first financial priority is to work out what you want. If you know what you want then it’s easy to plan for them. Most people struggle to understand what their goals are, and therefore they lack clarity and direction.

What do you want out of life?

 

What are the things that you need to make you feel happy, secure and satisfied?

 

2. List your goals

Don’t keep your goals in your head. Write them down. The simple act of writing 2 or 3 ‘wants’ down makes a difference.

List your goals in order of urgency, priority or wishes.

If one of your priorities is to reduce debt such as your mortgage as quickly as possible then write this down. Then start to think deeper about it.

  • How much debt do you currently have?
  • How much are you repaying now?
  • By when would you like to be free of your mortgage?

 

3. Discuss your goals

When you have your goals listed and prioritised then take action to get a plan into place.

You need to know HOW to best fulfil your goals.

Don’t be afraid to discuss your goals with a professional financial planner who can advise on setting up a plan that works for you.

 

4. Follow a plan

Be motivated to follow your plan, and take action. It’s no good just reading your plan, you must do something about it. Start putting the steps into action and be surprised by the difference it makes. Seeing the progress will help to keep you focused and determined.

 

5. Regular check-ins

As time goes on, your personal and financial situations will evolve. This means your goals may require adjustments to suit. Ensure you have regular check-ins with your planner to re-examine your goals. Your plan should be up-to-date and reflect your changing circumstances.

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Most people lead busy lives with no time to think about their lifestyle and financial goals. The busier you get the harder it seems to set aside the time to start thinking about what your ideal future looks like. People end up fumbling their way through life, and...

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