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Goal Setting for People that HATE Thinking About the Future

Hi guys,

So, truth be told, my mindset on goal setting is beginning to change. 

I’m starting to think there may be a better way of setting goals. Maybe planning for the next year, five years, or even ten years is a bit outdated. 

I mean, who can predict the way their life goes? What if you decide that what you wanted five years ago is no longer what you want today? 

Sound familiar? 

It did to me too. 

That’s why this whole concept of setting small (90 day) goals and focusing with everything you have might make more sense. 

 

There’s actually a strategy that I learned and have been implementing since November. 

This is from Todd Herman’s program, “The 90 Day Year.”

Full disclosure: I did not join Todd’s program, and I’m truly bummed I didn’t. But, I have been implementing strategies from his free training course. 

Here’s what you do:

Write down your outcome goal 

An outcome goal is a pretty specific outcome that you would like to have accomplished at the end of 90 days. 

An example outcome goal might be: Pay off $900 credit card at the end of 90 days. 


Determine your SPIs

Now that you have your outcome goal set, you need to create a few milestone steps to help you achieve your goal. These milestone steps, or sub-goals, are called strategic performance indicators (SPIs). The SPIs are ideally broken down into about 2 weeks goals. Let’s work on an example assuming today is January 1. 

An example SPI might be: Pay off $300 towards credit card by January 15. 


Figure out your action steps

Now that you have your outcome goal, and SPIs, you need to figure out how the heck you will achieve your SPI. The way you do this, is by creating tasks that you can accomplish that directly support your SPI. Think of this like your to-do list. 

Some example action steps might be:

  1. Work 10 hours extra in overtime.
  2. Bring lunch to work three days per week for the next two weeks.

 

Isn’t this a beautiful process? 

It takes into consideration intense focus on one goal, and breaking that down into supporting goals that will ensure you higher probability of achievement. It also recommends you only work on one project at a time until it is complete. From following this process, I have achieved more in 1 month than I did in 3. No joke! 

This is just in time for New Years, because I know you will all be enjoying a few beverages and thinking about what 2016 holds for you. 

Happy New Years Eve! Be safe!

Forever livin’ debt free,

Whitney

PS. Is one of your resolutions is to get a good grasp on your financial life? If so, I invite you to join the Manage Your Money Like A Boss community. The most practical personal finance class that will guarantee you results with paying off debt, increasing your savings, and being a rock star with your money.  

 

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Comments

  1. Natalie L. Hernandez says

    January 12, 2016 at 10:44 pm

    Whitney! I love what you are doing! Can you send me an e-mail with your phone number? I want to invite you to speak at an event. E-mail me!

    I would love to get to know you better!

    xoxo
    Natalie

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Whitney Hansen | Money Coach
Automate your savings. I know, I know, broken rec Automate your savings.

I know, I know, broken record status.

But it’s crazy how many people don’t actually implement this tip.

Login your bank account or use your favorite savings app and make this happen (automatically of course).

Once you have that set up, come back here and comment that you did it so I can cheer you on!
Paying off debt is an awesome thing to do... And Paying off debt is an awesome thing to do...

And you can go at whatever pace works for your life.

There’s a huge misconception that you have to go “balls to the wall”, work every extra shift you can, AND do it all while never complaining.

That’s one way to do it. It’s not THE way.

In actuality, personality types and self-awareness is a huge factor when setting your level of aggressiveness.

✨For me personally- I function very well on short timelines where I can hustle my heart out and accomplish it quickly (so I don’t have to worry about it again). My debt payoff plan was very aggressive to pay off $30k in 10 months.

✨For some of my coaching clients- that doesn’t resonate with them. They want to make progress towards their debt and still buy some of the nonessentials even if that means keeping debt around for a couple extra years.

✖️Neither strategy is wrong.✖️

Approach debt payoff (and all financial goals) with a loooot of self-awareness. 

Being honest with your personality type and how you function best is a great way to not get burned out in the process.
The book I, by far, recommend most is The Power of The book I, by far, recommend most is The Power of Habit.

It’s one of those books that helped me improve my finances, relationships and coaching business.

No surprise, we all have habit loops that help us or hurt us.

#REALTALK:
When I was working a normal 9-5, I noticed I was spending a LOT more 💸 buying coffee.

When I analyzed my habit loop, I started to see what was actually happening.

✨CUE: get to work, open my email, get overwhelmed. Tell myself I need coffee.

✨ROUTINE: Walk to the coffee shop and spend $3-$5 per day

✨REWARD: Warm cup of coffee. Didn’t have to dive into email... yet. 😆

What I wanted was not coffee. It was avoiding checking my email. So instead, I was able to take a short gratitude walk in the morning instead of buying coffee.

It worked like a champ!

Look through your life. What is one habit loop you’re actively improving?

Use this strategy and watch your life change. 💕
My goal is to invest more money in my brokerage ac My goal is to invest more money in my brokerage account. 

So I created a fun Investing Challenge for myself.

💸I set up a $5,000 goal for investing
💸Made it fun through gamification and automation
💸Will transfer all of my saving each month and put it into my brokerage account
💸Invest it all in index funds

Small steps every week lead to great results.

Excited to see build more wealth! 

Comment below if you want to join me in investing more this year!
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