BondRewards - Establish Your Goals

  
  
top

  • Establish Your Goals

  • It's all about visualizing your future, writing down your goals, and pursuing them.
  • "Financially independent people seem to be better able to visualize the future benefits of defining their goals."
  • Thomas Stanley and William Danko, authors of
    The Millionaire Next Door
  • If you don't know where you're going, you'll probably never get there. That's why it's important to establish financial goals before you even start to think about investing your money.
  • Exercise:
  • Establish your goals by following these 3 steps:
  • 1. Look into your future.
  • 2. Imagine the sort of house you want to buy, the neighborhood you want to live in, how many children you want to have, what colleges you want them to attend, where you want to retire…that sort of thing.
  • 3. Write your goals down on a piece of paper, categorizing them by what age at which you want to accomplish them.
  • For example:
  • Age 25 - 35 Age 35 -55 Age 55 - 75
    Buy a house in Bel Air
    		 Send children to UCLA
    Send children to graduate school
    		 Build a lake house on
    property Grandma Kelly left us
    Have two children, preferably a son and daughter Host daughter's wedding for 200 people, including sit down dinner Travel abroad one month out of each year
  • The Power of Time

  • Risk

  • Where to invest

  • Investing Considerations

  • Investing Techniques

  • What’s Right for you?

BBBonlineTruste