ihatebudgets - Membership Site

27 October, 2008

How to Set a Goal

Planning To Be In Control - How To Set A Goal

 

In this module we explore what is a goal and how to set one? Far to often we set a goal but fall short for various reasons. From our experience it’s because we don’t understand what is needed for a goal to be a goal as opposed to a wish or a dream. Like an athelete, you must be focused and work towards your goal.

Grab your pen and paper, watch Greg’s “How To Set A Goal” video, follow the exercise so that you can start setting up your first budget goal.

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Smarter Goal Setting

Filed under: Training Module 07 — Tags: , , , — GregBell @ 12:16 pm

Planning To Be In Control - Smarter Goal Setting 

By Smarter Goal Setting, Greg means:

S pecific, M easurable, A chievable, R ealistic , T imeframe, E njoyable, R ewarded. 

These are motivational elements that can drive you towards keeping up with your budget goals. Greg will walk you through step by step, explaining each element in detail for you.

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Everybody Needs a Reason to Make A Change

Filed under: Training Module 08 — Tags: , , — GregBell @ 12:16 pm

Planning To Be In Control-Everybody Needs A Reason To Make A Change

Do you know the purpose of your budget? If you are in partnership, do you have the same goal? If one wants a fishing boat, the other wants to buy a home, the budget will fail and maybe the relationship as well.

Greg has always expressed his concern about the unncessary breakup of a loving relationship because of the failure to agree on how you spend your money.

This is the video you ought to watch and think about the issues raised.

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The Importance of Establishing Priorities

 

Planning To Be In Control - Establishing Your Priorities

For a young family, getting their first home will be their no.1 priority.  However, a lot of people do not realise the importance of budgeting to meet the loan repayments and all the other “hidden” costs of home ownership.  When the dream of home ownership is crushed, the whole family’s dream will quickly become  a nightmare.

Greg speaks about why and how to set your priorities so that you can manage your loan and all other financial commitments wisely.

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The Importance of Good Preparation

Taking Charge Of The Future - Good Preparation

The future is built from the past. In order to take charge of your financial future, you need to understand your financial history. This includes your attitude towards money, your spending habits, your ability to prioritise and your willingness to meet obligations.

Over the years, Greg has found that what makes a budget fall apart is the lack of structured planning.  A budget is still a very personal plan and must cater for individual needs.   Go through Greg’s suggested structure, if you have questions, that’s where the coaching comes in, contact Greg and ask.

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