{"id":2125,"date":"2018-10-22T18:22:47","date_gmt":"2018-10-22T16:22:47","guid":{"rendered":"https:\/\/financiallyfitlife.co.za\/?p=2125"},"modified":"2019-12-27T15:36:21","modified_gmt":"2019-12-27T15:36:21","slug":"do-you-have-financial-goals","status":"publish","type":"post","link":"https:\/\/financiallyfitlife.co.za\/blog\/do-you-have-financial-goals\/","title":{"rendered":"Do You Have Financial Goals?"},"content":{"rendered":"

[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.0.6″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”]<\/p>\n

Watch the videos here<\/a>.<\/strong><\/p>\n

It is interesting that most people do have plans for the holiday or for how much weight they want to lose or what their children should become after school, but very few people have financial goals or a plan to achieve those goals. When I ask during a financial talk \u2018who wants to become financially free?\u2019 or \u2018who wants to be rich?\u2019 everybody would raise their hands. When I ask \u2018what does financial freedom mean to you?\u2019 and \u2018what does rich mean to you?\u2019 limited people have a clear answer.<\/p>\n

Dreaming about being financially free or being rich, are not clear defined goals. Each person can define the term rich in a complete different way. Your age, your life situation and your experiences also play a role in your definition of rich. Younger people tend to have more material financial goals while goals tend to become less material as people age.<\/p>\n

Think about what is happening when you want to lose weight. You would be specific by saying \u2018I want to lose 8kg\u2019. You can make that statement because you know what your ideal weight is and also how much you are currently weighing. It becomes much easier when your future goal and current state are known and clear. Then you can compile an exercise and diet plan that will help you to lose 8kg to achieve your goal weight. Thereafter you will have to implement your exercise and diet plan. If you don\u2019t take action to implement your plan, you won\u2019t lose the required 8kg.<\/p>\n

To set financial goals, you will apply exactly the same steps:<\/p>\n