Goals

Celebrating a Successful Completion of a Goal

When a significant goal is reached, many people often feel the desire to celebrate in some fashion. However, I’ve often noticed that the “celebration” goes quite a long way towards undoing some of the good work of reaching the goal. Believe me, I’ve fallen into that trap, finding excuses to “celebrate” everything whether it was …

Categories: Goals

101 Goals in 1001 Days

While I was working on writing the essays for Goals Week, I kept getting excited to define some of my own goals, and so I finally took the initiative and gave the “101 Goals in 1001 Days” meme a shot. About “101 Goals in 1001 Days” I first became familiar with the 101 Goals in …

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Not Quite There Yet: How To Deal With Not Meeting Your Goals And Set Yourself Up For Success The Next Time

We’ve all done it. We’ve set a goal for ourselves and simply failed to reach it. Sometimes we don’t even get close. What happens after that? We feel like a failure. I can’t tell you the number of times I’ve failed at a diet, and I’ve chronicled my personal finance failures here in detail. It’s …

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Setting and Reaching Long Term Personal Finance Goals

Since we’ve covered microgoals, short term goals, and intermediate term goals, it’s appropriate to tie up this little series with a look at long term personal finance goals. What’s a long term goal? For most people, a long term financial goal usually involves a very large purchase equaling multiple years of salary (like a dream …

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Setting and Reaching Intermediate Term Personal Finance Goals

Once our house is bought and furnished, our next goal will be focusing on a pair of vehicle replacements that will occur roughly five years from now. We would truly prefer to pay cash for both vehicles if at all possible, so that means we need to start saving now to reach this goal. What’s …

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Setting and Reaching Short Term Personal Finance Goals

As I mentioned earlier this week, right now we are focused on saving for a number of short term goals, mostly related to properly outfitting our house once we move in. We currently have minimal furniture and minimal appliances as well, so we are going to have a lot of needs when we first move …

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Goals, Dreams, and Values: Separating the Tangible from the Fantastic

When I was just starting out my professional career, I had all sorts of crazy dreams: an amazing car, an amazing house, and so on. I believed my life was headed in such a direction that such things were an inevitability and that they would just simply come to me. I wanted them badly, but …

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Defining and Accomplishing Microgoals

A big part of my day-to-day life is defining and accomplishing microgoals. Microgoals are things that I can achieve in one week or less if I am diligent about it, and they’re quite useful in many aspects of life, including personal finance. Let me give you a pair of examples. Right now, I have two …

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Specifying Goals – Using Myself As A Case Study

Earlier today, I wrote about techniques for defining personal finance goals that you can reach by making them as specific and as realistic as possible. So, how do these techniques really apply to some real world personal finance goals? I took five of my own goals and spent some time working them out to make …

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Making May An Ultra-Frugal Month

My wife and I have been talking a lot about making significant lifestyle changes related to frugality, and so we’ve decided to take a one month test run at it to see how it goes. We decided to make a list of twelve frugal initiatives to try for the month and then at the end …

Categories: Goals

How To Define A Tangible, Reachable Personal Finance Goal

This week on The Simple Dollar is Goals Week. Many of the posts you’ll read are about defining personal finance goals (and other goals) that are clear and reachable, defining goals with different timeframes, and handling achieving a goal – or not achieving one. So let’s get started. First of all, what exactly is a …

Categories: Goals