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Why Is Goal Setting Important? Benefits of Setting Goals and How to Reach Them

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You’ve probably been told you should set goals in life—from financial and career to personal. But why is it important to set realistic goals and what do you get from it? In this article, we take a closer look at the importance of setting goals and how you can benefit from having realistic ones. Why does this matter?

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7 Short-Term Financial Goals and How to Achieve Them

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Setting money goals is an important part of planning your financial future. Short-term financial goals, in particular, can help you jump-start your financial planning. What is a short-term financial goal? Short-term money goals are generally smaller goals that you plan to reach within a year.

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5 Long-Term Financial Goals and How to Achieve Them

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What are long-term financial goals and why are they important? Long-term financial goals are your money objectives that will take more than a few years to achieve. Your long-term goals are an important aspect of your financial health. These goals provide motivation, direction and discipline when managing your finances.

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How to Set and Achieve Financial Goals

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A financial goal is a specific objective you set for yourself to achieve in a period of time, like the destination at the end of map directions. Setting financial goals helps you improve your financial situation, whether you want to pay off debt, buy a home or fund retirement. Your budget works as the roadmap for your goals.

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Using a Financial Planning Checklist Can Help You Meet Your Goals

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Although there are multiple ways to ‘tidy up’ your money , a list that you return to monthly or quarterly allows you to keep track of specific areas each time, giving you better data. Periodically reviewing changes in your cash flow should be on your financial planning checklist. It also gives you time to make corrections if needed.

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Should People with Grit Ever Give Up?

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Having grit doesn’t mean never giving up; it means not giving up on our long-term goals. And sometimes the best way to achieve our long-term goals may be to give up on unproductive short-term goals. We can think of our goals in a hierarchy, explains Angela Duckworth, Ph.D., We’re overconfident.

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How a To-Don’t List Can Help You Achieve Your Goals

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Listen to this week’s episode of the rich & REGULAR podcast and keep reading for ways to develop a to-don’t list that may help you free up important time in your life. Your first couple might look something like this: Goal: Family Time. Goal: Finances and Investments. To-do or to-don’t. Reflect on your priorities.

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