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	<title>Money Smart Life &#187; goals</title>
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			<title>Money Smart Life</title>
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		<title>How to Keep a New Year&#8217;s Resolution</title>
		<link>http://moneysmartlife.com/how-to-keep-a-new-years-resolution/</link>
		<comments>http://moneysmartlife.com/how-to-keep-a-new-years-resolution/#comments</comments>
		<pubDate>Wed, 30 Dec 2009 12:20:50 +0000</pubDate>
		<dc:creator>Ben</dc:creator>
				<category><![CDATA[goals]]></category>
		<category><![CDATA[new years resolution]]></category>

		<guid isPermaLink="false">http://moneysmartlife.com/?p=3074</guid>
		<description><![CDATA[I&#8217;ve written about how to&#160;set New Year&#8217;s Resolutions but what&#8217;s the best way to make sure you actually reach the goals that you set? Penelope Trunk of Brazen Careerist offered up&#160;some tips on the subject today that I thought were useful enough to expand on, and her title was good as well so I borrowed [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fmoneysmartlife.com%2Fhow-to-keep-a-new-years-resolution%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fmoneysmartlife.com%2Fhow-to-keep-a-new-years-resolution%2F" height="61" width="51" /></a></div><p>I&rsquo;ve written about how to&nbsp;<a href="http://moneysmartlife.com/how-to-set-awesome-new-years-resolutions/">set New Year&rsquo;s Resolutions</a> but what&rsquo;s the best way to make sure you actually reach the goals that you set? Penelope Trunk of Brazen Careerist offered up&nbsp;some <a href="http://blog.penelopetrunk.com/2009/12/29/how-to-keep-a-new-years-resolution">tips on the subject</a> today that I thought were useful enough to expand on, and her title was good as well so I borrowed it for this post:</p>
<p><strong>How to Keep a New Year&rsquo;s Resolution?</strong></p>
<p>Penelope recommends two things I&rsquo;ve mentioned before:</p>
<ul>
<li>Visualize Achieving your Goal &ndash; <a href="http://moneysmartlife.com/a-new-years-resolutions-secret/">A New Year&rsquo;s Resolution Secret</a></li>
<li>Start Now &ndash; <a href="http://moneysmartlife.com/how-to-set-awesome-new-years-resolutions/">How to Set&nbsp;Awesome New Year&rsquo;s Resolutions</a> </li>
</ul>
<p>She also suggests:</p>
<ul>
<li><strong>Starting Small </strong>&ndash; Don&rsquo;t ask yourself to accomplish the change all at once.&nbsp; Let yourself ease into it.</li>
<li><strong>Focusing on the 1<sup>st</sup> Three Weeks</strong> &ndash; The first few weeks are important to establishing your actions as&nbsp;a habit. Penelope shares research that suggests three weeks is the magic amount of time.</li>
<li><strong>Goal Wording </strong>&ndash; How you phrase your goal is important, you want to be specific so you know precisely what you need to do in order to reach it.&nbsp; Penelope also recommends your New Year&rsquo;s Resolution be explained to describe something you want, not a goal that&rsquo;s only supposed to make other people happy. This makes sense, if it&rsquo;s phrased to describe something you want then you&rsquo;re more likely to take action.</li>
</ul>
<p><strong>New Year&rsquo;s Resolution Tips</strong></p>
<p>Here are a few other things you can do to help make sure you keep your New Year&rsquo;s Resolution:</p>
<p><strong>Make it Public</strong></p>
<p>If you announce your goals to others in your life then you&rsquo;ll be accountable to them for making your goals happen.&nbsp; If other people know that you&rsquo;re supposed to do things like:</p>
<ul>
<li>Start bringing your lunch to work so you can save money &amp; build an emergency fund </li>
<li>Work overtime for funds to pay off credit card debt</li>
<li>Setup an IRA, 401k, or 403b to start saving for retirement</li>
<li>Begin a college fund for your kids</li>
</ul>
<p>then you&rsquo;ll be more likely to take action.&nbsp; If you&rsquo;re the only one that knows about your goal, it&rsquo;s easier for you to sluff off and say to yourself &ldquo;I&rsquo;ll start that next year&rdquo;.</p>
<p><strong>Track Your Progress</strong></p>
<p>The simplest way is to keep a notebook where you write down each day what you did, or didn&rsquo;t do, to reach your goal.&nbsp; You could combine &ldquo;Make it Public&rdquo; with tracking your progress and start a blog where you declare your goals and then document your progress towards them.&nbsp; If you&rsquo;re not comfortable sharing with the world, there are ways you can limit access to specific people in your life.&nbsp; </p>
<p>However you do it, be sure to track your progress. Goals that aren&rsquo;t tracked are less likely to be achieved.</p>
<p>Okay, enough about New Year&rsquo;s resolutions.&nbsp; You&rsquo;re probably sick of reading about them for the last few days, I won&rsquo;t write about them again until next year : )</p>
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		<title>A New Years Resolutions Secret</title>
		<link>http://moneysmartlife.com/a-new-years-resolutions-secret/</link>
		<comments>http://moneysmartlife.com/a-new-years-resolutions-secret/#comments</comments>
		<pubDate>Tue, 29 Dec 2009 05:40:09 +0000</pubDate>
		<dc:creator>Ben</dc:creator>
				<category><![CDATA[goals]]></category>
		<category><![CDATA[new years resolutions]]></category>

		<guid isPermaLink="false">http://moneysmartlife.com/?p=3068</guid>
		<description><![CDATA[Want to know the secret to keeping your New Year&#8217;s Resolutions?&#160; Pretend that you&#8217;ve already acheived them!
I&#8217;m not saying that if you imagine yourself as 30 pounds lighter or $5000 richer that it will automatically happen.&#160; However, visualizing how things will be in your life once you&#8217;ve reached your goal can be the first step [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fmoneysmartlife.com%2Fa-new-years-resolutions-secret%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fmoneysmartlife.com%2Fa-new-years-resolutions-secret%2F" height="61" width="51" /></a></div><p>Want to know the secret to keeping your New Year&rsquo;s Resolutions?&nbsp; Pretend that you&rsquo;ve already acheived them!</p>
<p>I&rsquo;m not saying that if you imagine yourself as 30 pounds lighter or $5000 richer that it will automatically happen.&nbsp; However, visualizing how things will be in your life once you&rsquo;ve reached your goal can be the first step to making it happen.</p>
<p>I think I&rsquo;ve already talked about it in one way or another on this site but the idea is you imagine your ideal scenario and take notes about every little detail.&nbsp; Once you know what you want to acheive then you can work backwards to figure out what specific actions to take to get there.</p>
<p>For example, once you have your ideal image in your head, you ask yourself what would I have needed to do to make this a reality?&nbsp; Once you figure that out, you ask what the preceding action would have been, what the action before that would have been, and so on.&nbsp; You keep working backwards from your imagined perfect future and keep a list of the actions, until you reach your current day status.</p>
<p>There you have it, a list of all the actions you need to take to reach your&nbsp;goal.&nbsp; This can be kind of tricky with more abstract goals but it works well with concrete ones, specific financial goals are a good example.&nbsp; If you set a <a href="http://moneysmartlife.com/money-resolutions-for-a-financially-secure-new-year/">money resolution</a> of building up a $5000 emergency fund by the end of the year, you can list out specific steps you&rsquo;ll take to spend less, earn more, and save more.&nbsp; If the numbers add up to $5000 over 12 months and you follow the actions you list, then you should have your money goal saved by the end of the year.</p>
<p>Another New Year&rsquo;s Resolution tip is to work on your goals ahead of time, before the ball drops in Times Square.&nbsp; A little planning ahead can help you set <a href="http://moneysmartlife.com/how-to-set-awesome-new-years-resolutions/">awesome New Year&rsquo;s Resolutions</a>!</p>
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		</item>
		<item>
		<title>Setting Goals to Get What You Want</title>
		<link>http://moneysmartlife.com/setting-goals-to-get-what-you-want/</link>
		<comments>http://moneysmartlife.com/setting-goals-to-get-what-you-want/#comments</comments>
		<pubDate>Tue, 13 Oct 2009 13:09:04 +0000</pubDate>
		<dc:creator>Ben</dc:creator>
				<category><![CDATA[Personal Development]]></category>
		<category><![CDATA[goals]]></category>
		<category><![CDATA[setting goals]]></category>
		<category><![CDATA[ten year plan]]></category>

		<guid isPermaLink="false">http://moneysmartlife.com/?p=2613</guid>
		<description><![CDATA[How specific are you when you set your goals? If you were more detailed do you think you&#8217;d be more likely to reach them?
I&#8217;ve always heard that being very specifc about your goals increases your chances of achieving them. Last weekend, I saw some pretty good examples of this theory in action.
A Ten Year Plan
I [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;"><a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fmoneysmartlife.com%2Fsetting-goals-to-get-what-you-want%2F"><img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fmoneysmartlife.com%2Fsetting-goals-to-get-what-you-want%2F" height="61" width="51" /></a></div><p>How specific are you when you set your goals? If you were more detailed do you think you&rsquo;d be more likely to reach them?</p>
<p>I&rsquo;ve always heard that being very specifc about your goals increases your chances of achieving them. Last weekend, I saw some pretty good examples of this theory in action.</p>
<p><strong>A Ten Year Plan</strong></p>
<p>I met with about 40 other people for our 10 year college reunion and spent a few hours catching up and visiting about where they were in life.&nbsp; During the course of the evening they were showing a video that was taped about 10 years ago, interviewing members of our class right before graduation.</p>
<p>One of the questions people answered on the tape was, &ldquo;Where do you think you&rsquo;ll be in 10 years from now&rdquo;.&nbsp; Some of the responses were pretty general like &ldquo;I hope I&rsquo;ll be making a lot of money somewhere&rdquo;.&nbsp;Other people laid out their plans in great detail.</p>
<p>Unfortunately, I wasn&rsquo;t on the video.&nbsp; I&rsquo;m not sure why I didn&rsquo;t participate; perhaps I was studying hard for finals or maybe I was celebrating my pending graduation.&nbsp; Whatever the reason, I know if I had that I wouldn&rsquo;t have been as detailed as many of the responses that I heard.</p>
<p><strong>Achieving Goals</strong></p>
<p>As I visited with people after we watched the video I made a point to ask each person how close they had come to meeting their &ldquo;ten year plan&rdquo;.</p>
<p>Not surprisingly, more of the alumni with very detailed plans had reached the point in their life that they had been aiming for.&nbsp;&nbsp; Of course not everyone&rsquo;s plans had worked out.&nbsp; Some people had changed course over time, others had tried unsuccessfully and had to change their plans.</p>
<p>Overall, the people that were specific about what they wanted their life to be like ten years down the road were more likely to have achieved those goals.&nbsp; Now I need to sit down and make out my 10 year plan to get my family where we want to be when our kids are teenagers, gulp : )</p>
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