Personal Finance (the right way) - pt. 2 - Setting Goals

In this video we continue the personal finance series by learning about goals. When it comes to financial goal setting, you always need to write them down so you have a clear goal. Place your goals somewhere you can see them everyday so you are constantly reminded. Set a timeline on your goal and make sure you prioritizing so you can meet that deadline. Make an action plan, figure out the path you are going to take to achieve your goal. Persist you must never give up.

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Closed Caption:

homes
do you mean
was going on world my name is Jon Bostic
ok from educate Dakar
and I'll as video we learn to look at
money as a tool used to obtain well
in this video will learn how to set
financial goals
goal-setting is one of those things me
always hear about almost the worst still
don't have any
so why is it so important to set goals
for yourself
well if you don't say any years will fly
by
you'll be in the same place you are
right now sensing a lack of purpose
there are countless reasons why you
should set goals
we have narrowed down to the top three
number one both keep you focused in this
day in age
with social media and technology
distractions are
everywhere attention spans are getting
shorter and shorter
so it's very important to always have a
light at the end of the tunnel
to give you an example let's look at it
amplifying from North Carolina to
California
they say that while in the air
ninety-five percent of the time
claims are of course what a hundred
percent of the tire
it arrives at its destination because
that's the goal
number two goals give you purpose
you will always have something to do
when you're working towards ago
it gives you a sense of accomplishment
you don't wanna be like a zombie
day in and day out roaming about
aimlessly
number three want to accomplish ago you
get a feeling of joy
and is arguably one of the greatest
feelings ever
on top of that when others notice how
effective your
you tend to be seen as a leader they
know you make moves
so what kind of goal should use it well
your financial goals
should always be well based at all is is
an abundant
value if you haven't already watched it
go watch our
what is well video to get a better
understanding of well
some examples a wealthy goals can be as
big as
financial freedom retirement to
buying a home or a car down to something
smaller like
a vacation or savings account
you may have to think real hard but as
long as he said financial goals that are
valuable to you
that all that matters now let's look at
five tips to use for setting your
financial goals
number one right them dow this may be
the simplest but yet most effective to
by reading your goals there it allows
you to articulate in get very specific
on what you're trying to cheat
number two put it somewhere you could
see it daily
Michael on my office walls I go there
every day I see them every day other
good places to put their
on your follow your computer bedroom
ceiling
somewhere you know you'll see the daily
if you don't go
you'll be outta sight out of my heart
103 Senate I'm light this will give you
a sense of urgency
and prioritize over other things in
their lives when setting a time line
you must remember to make it somewhat
challenging
or make an action where there could be
more than one method to achieve ago
find out what works best for you and
take that route
once you decide yet to make sure you're
working towards ago
every day in some way shape or for rule
elaborate more on
action where later on in this series
and last but not least number five
persist
more than likely you'll run into some
roadblocks
and setbacks where you can't give up
just try out different
action plans where an amp ru and be
patient
have you ever heard the boy who slam
pathway across the river
and decided that it was tutor so he swam
back
you don't want to be that guy yet to
persist
until you sexy good