Achieving personal financial satisfaction starts with

Set Specific Goals Your goal must be clear and well defined. Remember, you need goals to show you the way.

Achieving personal financial satisfaction starts with

Set Specific Goals Your goal must be clear and well defined. Vague or generalized goals are unhelpful because they don't provide sufficient direction. Remember, you need goals to show you the way.

Achieving personal financial satisfaction starts with

Make it as easy as you can to get where you want to go by defining precisely where you want to end up. Set Measurable Goals Include precise amounts, dates, and so on in your goals so you can measure your degree of success. If your goal is simply defined as "To reduce expenses" how will you know when you have been successful?

In one month's time if you have a 1 percent reduction or in two years' time when you have a 10 percent reduction? Without a way to measure your success you miss out on the celebration that comes with knowing you have actually achieved something.

Set Attainable Goals Make sure that it's possible to achieve the goals you set. If you set a goal that you have no hope of achieving, you will only demoralize yourself and erode your confidence. Finding This Article Useful? Get the Free Newsletter Learn essential career skills every week, and get your bonus Time Management: Read our Privacy Policy However, resist the urge to set goals that are too easy.

Accomplishing a goal that you didn't have to work hard for can be anticlimactic at best, and can also make you fear setting future goals that carry a risk of non-achievement.

By setting realistic yet challenging goals, you hit the balance you need. These are the types of goals that require you to "raise the bar" and they bring the greatest personal satisfaction. Set Relevant Goals Goals should be relevant to the direction you want your life and career to take.

By keeping goals aligned with this, you'll develop the focus you need to get ahead and do what you want. Set widely scattered and inconsistent goals, and you'll fritter your time — and your life — away.

Set Time-Bound Goals Your goals must have a deadline. Again, this means that you know when you can celebrate success. When you are working on a deadline, your sense of urgency increases and achievement will come that much quicker. Set Goals in Writing The physical act of writing down a goal makes it real and tangible.

You have no excuse for forgetting about it. As you write, use the word "will" instead of "would like to" or "might. Frame your goal statement positively. If you want to improve your retention rates say, "I will hold on to all existing employees for the next quarter" rather than "I will reduce employee turnover.

If you use an Action Programthen your goals should be at the top of your Project Catalog.

The Sharp Experience

Post your goals in visible places to remind yourself every day of what it is you intend to do. Put them on your walls, desk, computer monitor, bathroom mirror or refrigerator as a constant reminder. Make an Action Plan This step is often missed in the process of goal setting.

You get so focused on the outcome that you forget to plan all of the steps that are needed along the way. By writing out the individual steps, and then crossing each one off as you complete it, you'll realize that you are making progress towards your ultimate goal.

This is especially important if your goal is big and demanding, or long-term. Read our article on Action Plans for more on how to do this.

Remember, goal setting is an ongoing activity, not just a means to an end. Build in reminders to keep yourself on track, and make regular time-slots available to review your goals. Your end destination may remain quite similar over the long term, but the action plan you set for yourself along the way can change significantly.

Make sure the relevance, value, and necessity remain high.Personal financial planning is an ongoing process, one that consists of three general activities. Controlling your day-to-day finances to enable you to do the things that bring you satisfaction and enjoyment.

Choosing and following a course toward long-term financial goals such as buying a house, sending your kids to college, or retiring .

Once current work responsibilities/tasks and personal career goals have been assessed, faculty members can apply a measure of satisfaction to determine if the current distribution of work tasks and the time spent on them is acceptable and aligns appropriately with personal career goals.

The satisfaction of reaching a milestone in net worth or paying off debt is addicting. It all starts with a plan. The key is recognizing the mistake and to learn from it.

in customer satisfaction which, in turn, generated a increase in revenues. Brooks () reviewed the relationship between financial success and customer and employee variables (e.g., customer satisfaction, employee satisfaction, etc.) and found that, depending on market segment a basic step to achieving customer satisfaction is to.

Achieving personal goals deserves a huge amount of celebration but setting these goals in the first place is a massive achievement in itself.

While the big goals serve as a destination, the journey is probably the most important part of the process. Once current work responsibilities/tasks and personal career goals have been assessed, faculty members can apply a measure of satisfaction to determine if the current distribution of work tasks and the time spent on them is acceptable and aligns appropriately with personal career goals.

7 Keys to Achieve Financial Success