|By Sarah Carlson, CFP®, CLU®, ChFC®
If you're like most people, goal setting was a top task at the beginning of the year. You were filled with excitement with your goals to set for the year. But how often do you revisit those goals?
Only 19% stick with the goals they've set at the beginning of the year! That's why it's important to revisit your goals regularly to make sure you're on track and to adjust them if necessary.
If you've fallen behind, here are some tips for revisiting your goals:
1. Set Aside Time Each Week or Month to Review Your Goals
If you want to be successful in achieving your goals, it's important to set aside time each week or month to review them. This will help you stay on track and make sure you're making progress.
It can be helpful to schedule a specific time for goal review, such as on Sunday evenings or the first day of every month. During this time, you can reflect on your progress, celebrate your successes, and troubleshoot any challenges you've been facing.
Making goal review a regular habit will help you stay motivated and focused on achieving your goals.
2. Make Sure Your Goals are SMART
One of the most important things to do when revisiting your goals is to make sure they are SMART: specific, measurable, achievable, relevant, and time-bound. This will help you create goals that are realistic and attainable.
For example, let's say your goal is to lose weight. A specific and measurable goal would be to lose 10 pounds in three months. An achievable goal would be to lose one pound per week. A relevant goal would be to exercise three times per week and eat a healthy diet. And finally, a time-bound goal would be to lose 10 pounds in three months.
Creating SMART goals will help you achieve your objectives and reach your desired outcome.
3. Write Down Your Goals and Keep Them in a Place Where You Can See Them
One of the best ways to stay on track with your goals is to write them down and keep them in a place where you can see them regularly. This could be a journal, planner, or vision board.
When you write down your goals, be sure to include specific details and deadlines. This will help you stay focused and motivated. Additionally, consider sharing your goals with a friend or family member to hold you accountable.
Keeping your goals visible will remind you of what you're working towards and help you stay on track.
4. Adjust Your Goals as Needed
As you revisit your goals, it's important to be flexible and adjust them as needed. This may mean changing the timeline, altering the goal itself, or adding new steps.
For example, let's say your goal is to save money for a down payment on a house. But after six months of saving, you realize you won't be able to reach your goal. In this case, you may need to adjust your timeline or save a bit more each month.
It's also important to remember that your goals can and should change over time. As your life circumstances change, so too should your goals.
Being flexible with your goals will help you achieve them in a way that works best for you.
As a team of Spokane Financial Advisors, we help our clients stay on top of their financial goals all year round. These tips will help keep your eyes on the ball throughout the year and for the next time you have goals to set.
Take some time today to revisit your goals and make sure you're on track. You'll be glad you did!
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