Goal!

So now that you have formulated your vision and mission statement. It's important to expand them into workable goals. Goal-setting is an important part of life, not just in financial planning. It is unimaginable to go through life not knowing what you want. It doesn't have to happen right out of college. As you go out and work, and explore the world, you'll slowly realize the things that you want, and the things you cherish the most.

When it comes to financial planning, it'll probably easier. The first financial goal that enters people's minds are usually items of material value - house, car, an appliance, etc. This is not to say that they are bad. These are good goals in my book. Let's admit it, we humans are materialistic. To a certain extent, having a bit of it is not harmful, it actually makes you want to work harder.

Have you ever noticed that when you really want something, you go all out for it? It's human nature to strive for something better, and it's usually made possible by a goal.

We'll discuss this further on my next entry. Enjoy the long weekend folks!