Goals

A Step-By-Step Guide to Making Big Goals Achievable

Here are a few recent emails I’ve received. From Connie: Over the last few years, I’ve taught myself to play acoustic guitar and lately I’ve started writing a lot of songs. I’d like to record them and share them with others and maybe eventually start playing concerts, but every time I think about it, I …

Categories: Goals

What Are You Saving For?

Carl writes in: I am 21 years old and am still in college earning my degree. As of lately I have begun thinking about my future and what I will do with my money. I understand saving is a crucial part of living a successful financial life, but I am confused on how to attack …

Categories: Goals

Goals and Plans for 2009

Roughly a year ago, I wrote an article entitled Goals and Plans for 2008 that specified the things I intended to do during this year: eliminate all of my family’s non-mortgage debt (didn’t quite make it), start an investing plan (yep), double the readership of The Simple Dollar (yep), pull the trigger on three writing …

Categories: Goals

120 Minutes

A few days ago, Seth Godin posted a brilliant piece on his blog entitled Is Effort a Myth? In it, Seth addresses the issue of luck: And that’s the key to the paradox of effort: While luck may be more appealing than effort, you don’t get to choose luck. Effort, on the other hand, is …

Categories: Getting Started, Goals

The Real Reason They Aren’t Homeowners: Different Goals

Categories: Goals, Housing

Personal Finance and the Bucket List

A while back, I watched part of the Jack Nicholson/Morgan Freeman movie The Bucket List. In it (if you didn’t already know), the two main characters, older gentlemen, come up with a list of things they want to do before they “kick the bucket” – and proceed to do most of them, even though many …

Categories: Goals

Will You Ever Reach Your Goals? And What Will You Do When You Get There?

About two weeks ago, a friend observed that since I started The Simple Dollar, I seem to have become really goal-oriented. Then he asked two big questions that really made me think: Will you ever reach your goals? And what will you do when you get there? I’m a goal-oriented person. I find it much …

Categories: Goals

Financial Independence as a Goal

Whenever I read personal finance books and articles, I often see the term “financial independence” bandied about. To some, it merely means not relying on a parent or other loved one to help pay the bills. For others, it means freedom from all debt. For yet others, it means freedom from having to work for …

Using Twitter and Blogging to Motivate Yourself Towards Personal Finance and Other Personal Goals

When I first started The Simple Dollar, I mostly intended it as a place to log my own personal financial progress and also note any interesting thoughts or findings I discovered related to personal finance and other related topics. My primary goal was to make myself write every day and also to motivate myself to …

Categories: Goals, Websites

Making the Hard Choice

When I think back over my life, I’ve found that time and time again, the hard choices I’ve made were the ones that provided lasting positive change in my life. When I took the easy road, it didn’t have any impact – it was only the hard choices that really brought about change. When I …

Categories: Goals

Holding a Monthly Family Financial Meeting … And How It Can Benefit Your Marriage and Educate Your Children

Prior to our financial meltdown, my wife and I simply never sat down and talked about our finances. Right after our meltdown, we talked about things almost every day, but through our recovery, our discussions have slowly reduced themselves to the point where we’re effectively already having monthly family financial meetings. And these meetings have …

The Five Ps: Breaking Down Big Dreams Into Little Steps

One of my most loyal readers, a person named Brad who first emailed me about The Simple Dollar about a week after it launched, sent me an email this week that really struck a chord with me. Here’s the key part. Ever since I was a little kid, all I’ve wanted to do was play …

Categories: Getting Started, Goals

No Regrets

When I was young, I dreamed about a lot of things. I wanted to be a writer, writing things that genuinely changed people’s lives. I wanted to have children and be a father to them like Ted Arroway without the collapse. I wanted to visit lots of different parts of the world and see how …

Financial Independence: Defining It and Figuring Out How to Get There

My big, overarching dream is to achieve true financial independence. By that, I mean that I have enough money saved and invested that I can live off the interest and investment income – a point that I’ve discussed before as the crossover point. This is a huge goal, one that I won’t achieve for many …

Categories: Getting Started, Goals

The Fine Art of Abandoning Goals

Hopefully, this headline woke you up a bit this morning. Several months ago, I made a list of 101 goals that I wanted to reach in the next three years. I piled this list on top of an already long list of medium term and long term goals – building a writing career, paying off …

Categories: Goals

Monday Morning: Setting Goals for the Week Ahead

One thing I often do early in the morning on Mondays is make a list of the things I want to accomplish during the week. Some of them are simple enough that I can get them done in a half an hour when I find the time – others require some continuous effort throughout the …

Categories: Goals

10 Things To Do Today

1. Play with a child. There are only 6,574 days between a child’s birth and their eighteenth birthday. Don’t waste a single one. 2. Keep that wallet in your pocket. Time is money and money is time – don’t spend either without a good reason. 3. Stop and smell the roses. You’re never too busy …

Categories: Getting Started, Goals

The Long Journey

Out of all of the challenging times since I began to turn my financial life around, I may be facing the most challenging of all right now. It’s not anything immediate or urgent. I have a nice healthy emergency fund to take care of that. It’s also not a temptation to buy anything, nor a …

How to Define and Stick To a Successful New Year’s Resolution, Financial or Otherwise

Almost every year, I define a handful of New Year’s resolutions for myself, as do many people around the world. The new year provides a proverbial “clean slate” – the turning of the calendar year provides a very clear psychological place with which to work on life changes we’d like to make. The problem is …

Categories: Getting Started, Goals