Financial goal setting can be
rather tricky, especially if you
haven’t even mastered basic
goal setting yet. Money, it
seems, always makes things
twice as complicated. But no
need to worry! Here are a
few tips to help you out.

Financial Goal Setting Tip # 1:
Be Realistic.
Be Realistic.When it comes to
goal setting of any kind, you
must always be realistic.
Telling yourself that you want
to earn one million dollars in
one month is not realistic,
especially if you’re only
earning minimum wage. Setting
your goals too high will only
end up making you miserable.
And when that happens, just
how enthusiastic will you be
to give financial goal setting
another try? My advice is to
go small at first: Small amount
in a short period of time.
Once you succeed with that
goal, gradually make your
way up to the high stakes.

Financial Goal Setting Tip # 2:
Decide on a Target.Of course,
you need to have a target
amount and a target deadline.
Try to be as specific as
possible. The more specific you
are with your financial goal,
the better your chances are
of actually accomplishing it.
Writing down that you want
to be “rich” is inconclusive.
Just how rich is “rich”
anyway? And what about
“someday?” When will
“someday” come? Not
committing to a number and a
date only gives you excuses
to fail or back out. Don’t set
yourself up for failure. If
you’re really serious about
setting your finances straight,
give it your 100%.

Financial Goal Setting Tip # 3:
Learn How to Budget.It isn’t
just about deciding on a
number, it’s also about
plotting your way to achieve
your end goal. And in every
financial situation, budgeting is
always involved. If you really
want to meet your mark by
the set date, you need to
learn how to add and
subtract. Know which
expenses should be
maintained and which ones
can hit the road. Aside from
budgeting, you can also add
“earn additional income” to
your agenda. After all, there
is no room for failure here. If
you’re going to do something,
you might as well give it your
all. Financial goal setting is
easily achieved if you stick to
your guns. Don’t think about
those who have failed to
meet their money goals.
Instead, think of how hard
you’re working and how much
everything is going to pay
off.
Once in a while, you might be
tempted to veer off the
track, but don’t forget about
your goals come morning.