The last quarter of the financial year has officially gotten underway, which means tax time is just around the corner. For some taxpayers, the end of a financial year is often the catalyst to evaluate and set goals, financial or otherwise. While setting goals can be easy, achieving them is usually anything but.
However, the following tips may help you to achieve your goals for the next financial year and beyond.
Make Them Real
Everybody has regular and not-so-regular commitments they need to stay on top of, which makes it easier to relegate goals to the back of the mind as day to day duties take priority. This makes it important for goal setters to write down their goals and keep this list in a place where they can see it every day, such as the work desk or on a wall in the house.
One popular way of making goals physical is through a ‘vision board’, to creatively put down all of the goals to be achieved. Having a physical representation of desired goals can help keep a person motivated to achieve them, and constantly keeps those goals at the forefront of the mind.
Goals are usually substantial and can take a lot of time to be achieved. The scale, size, and complexity of some goals can demotivate, dishearten, or even stop people from achieving them.
This makes planning absolutely imperative for anyone intent on achieving the ambitious goals they have made for themselves. A solid plan includes setting timelines and milestones, figuring out different ways to make progress on achieving the goals, and making a ‘plan B’ in case something makes the initial plan unworkable along the way.
Whether a person’s goal is individual or group-based (for example, a person could have a goal to arrange a family holiday), involving others makes a person feel more accountable and motivated to achieve what they’ve set out. It is up to the person to decide who and how many people to involve in achieving their goal, but close friends and family members are usually great for keeping things on the right track.
Involving others work in two major ways. Firstly, the risk of embarrassment offers continuous motivation for the goal setter to continue addressing goal achievement. Secondly, in the case of a setback, encouragement from those around them will stop the goal setter from giving up on what it is they’ve targeted for completion.
* * * Disclaimer: No person should act on the general information in this article without taking specific advice from a qualified adviser. * * *