Posts Tagged ‘Long-term and short-term goals’
Day 6 of America Saves Week
It’s Day 6 and how has the savings been going? I tell you what it has been fabulous for me because I have taken a look at my business model and made some tweeks. One thing that you should not do is be so stringent in your money plans that you set yourself up for failure and frustration. Flexibility is key and will save you from the stress and headaches if you do not allow yourself some breathing room.
When I looked at the previous business model that I was using, I saw how it was not on point. Therefore money was being spent ineffectively. When it comes to personal, you better believe that my husband and I have talked and established a goal for this year. What we would like to see when it comes to savings personally as well as what is the savings plan for the business.
When there is a husband and wife in the picture, both must agree and work the plan together for the benefit of the marriage and long-term goals. When it comes to savings, it is absolutely acceptable to set short and long-term goals. Because if you set short-term goals and achieve them, this could encourage you to set an even longer-term goal the next time. You will know that you can do it because you accomplished the short term goal already and have that to be your focus.
A short term goal could be 30 days, 60 days or 90 days. Not to long and not to short but realistic so that you can see yourself making progress. Remember, it takes WILLPOWER. There will be times when you are tempted to not put the money away or take the money out of the account – don’t do it UNLESS it is an EXTREME Emergency. Sure that might seem relative however, you know an emergency is not they are having a sale at a department store and you HAVE to HAVE that item.
Enough said on that. You have almost made it through this week. Keep on hanging in there. You are making GREAT strides. Don’t forget to check out my partner, Americasaves.org
