5 Things You Should Know To Set Money Goals

What Do You Want To Grow In Your Life?

Is money important to you? If it’s important for you to have money, it should be important to set goals for your money. Do you currently have money goals? If not, this is for you. If you do have money goals, this might be a good time to review them and assess your progress.

Here are 5 things to know about money goals (or most any goal for that matter):

  1. Understand why it’s important to set a goal for whatever you want. Until you set a goal, it’s just a hope or a dream. How do hopes and dreams come alive? By making them a goal, by establishing commitment to achieve it and by taking action until you reach the goals.
  2. It’s important to write these down – it makes them real. It also captures them for review later and writing them down is the first step to committing to them.
  3. Goals help us move purposefully in one direction – toward our goals. Goals are like a GPS for your money. It really helps us define what belongs in our budget.
  4. Goals help us be more intentional- the goal setting process forces us to really think about what we want. It helps us get excited about achieving them.
  5. Goals help bring up scary stuff that we need to work on — that is, if you’re doing it right 🙂. The work we need to do in the process of achieving the goals help us believe that we can achieve anything that we want.
Now, we know why setting goals for your money is important. If it’s important, it’s important to do it right. Set goals that are meaningful to you. When you set your goals, choose goals that are important to you. It’s tough to stay excited about achieving goals that you’re trying to achieve for someone else. It’s much better when you set goals that you can get really excited about achieving and stay excited about until you achieve them.
When you’re considering the goals you want to set, put each option to the test. Asking yourself what do you want and why do you want it helps you really think about what’s truly important to you and why. When you have to answer these questions, it’s a good test of your intentions for setting the goals. Goals don’t have to be big. It doesn’t matter the size of the goal as long as it’s what you want and it’s meaningful to you.
It’s important to have compelling reasons and understand them. It helps you get clear on what you’re committing to and why it will be worth it when you achieve them. What will keep you believing in your goal even when you want to quit?
It’s rare that we set out on the journey to achieve the goals you set and are excited about and you don’t run into any obstacles on that journey. Why not be prepared for these when you set out? What obstacles can you expect? How can you overcome those obstacles so that they don’t derail you and keep you stuck? The answers to these questions are your strategies for moving forward no matter what.
In each step there will be opportunities to coach yourself and be coached, particular with the obstacles. Don’t miss these opportunities. More times than not, when we get coaching on one thing, it has a ripple effect throughout the other areas of our life. Every opportunity for coaching is not just an opportunity to solve that problem, but an opportunity to change our lives in all areas.
In my coaching practice, it has been really interesting to find how many of my clients that have a poor relationship with money and also have poor relationships with other people in their lives. How cool would it be to find that when you put in the work when you’re achieving your money goals, you experience more peace and freedom in the other areas of your life, whether it’s your relationship with your ex, your relationship with your parents, or in your relationship with your boss at work?
Personally, I have been able to experience my life in a more rich and joy-filled way when I’ve been willing to make the effort to manage my brain. Obstacles are valuable. As uncomfortable as they may be, they can bring us closer to God through prayer, they can teach us exactly what we need to know to get through the struggle, they can equip us for empathy for others in similar situations, they can facilitate practice in managing our brains … they always have value to offer us. If nothing else, it’s just good practice teaching our brain that discomfort is never a problem we can’t handle.

So, set those uncomfortable goals and get to work believing them and before long you will for sure be achieving them.

Speaking of goals, I set a goal this year to help 1,000 women. If you need help on any of your goals, obstacles or strategies, I would love to hear from you. Book a free sample coaching session to get recommendations on whatever you’re stressing over.   Just Click Here to Schedule Your Free Session

#ReadySetAchieve #JillTheMoneyCoach #DoTheWork #GPSforYourMoney

Twenty years ago, Jill Wright was in debt and living paycheck to paycheck. Through focus and hard work, over the years she and her husband built a nest egg that allowed them to retire in 2018 at ages 50 and 53.

Jill heard God’s call to help other women repaint their own financial future and was eager to answer it. She left her corporate job and became a Financial Confidence Coach. Jill loves helping women give up shame around spending so that they can stop stressing about their money.

She helps strong generous women go from feeling weighed down by their finances to feeling in control so they can focus on being present with their family and building a life they love.

Follow Jill at More Money Cents  on Facebook or ChristianMoneyCoach on Instagram