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Setting Financial Goals is the first rule in the Mills Way to Financial Freedom rules that we covered with the boys. The importance of goals is to help us make our dreams happen. You need to write them down to be able to make them happen. Difference between a Dream, Idea, Vision and a Goal is nothing more than writing it down.
\\nAfter we write our goals down on paper, we don\\u2019t hide it and forget it. We post it, shout about them and we review them monthly. \\u201cWe\\u201d is a must if you are married, it is hard to hit Financial Freedom goals if both of you don\\u2019t agree on them and the action plan to attain them.
\\nWhen setting the goals to your monthly review meetings schedule it with your spouse or partner if you aren\\u2019t single. If you are single maybe ask your best friend to come to your monthly goal review meetings. Having it schedule a month in advance helps make sure the meetings happen.
\\nSome people hear the word \\u201cMeetings\\u201d and they run. Some people feel meetings are a waste of time at their jobs when they could be getting their work done and getting out of work earlier. Financial Freedom Goal meetings aren\\u2019t a waste of time. They are important tool in your achieving your Financial Freedom that you want.
\\nWhy not make the goal review meeting fun? Maybe get some snacky food or order pizza to be delivered. Make it a party and have fun celebrating what progress you made towards your goals. When you are having fun, you are able to think outside the box easier to be able to come up with ideas on how to achieve more the next month.
\\nThese goal meetings we will be covering our budgets and actuals from the last month. We like to schedule our goal review meeting on the 2ndof each month so we have last months numbers to review. We will talk about budgets and tracking numbers in other posts.
\\nWe have personal goals and financial goals that were based off what our family priorities are. So, you would need to decide what your own priorities are. Goals and Priorities, you both need to agree on them if you aren\\u2019t in a committed relationship. Here are some example steps to do for your goal setting;
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