So you’ve been dreaming of it all the car, the home in the leafy suburb, the places you go to and the holiday destinations. Problem is it’s not happening when you want it to. Want it now? Short of pulling a heist or getting extremely successful in a short while it will not happen soon. That doesn’t mean that it will never happen.
You just need a plan. Take a seat by me and tell me your plan to achieve your dreams. Do you have one? One that you know and can trace in your mind ? No?
That’s fine. Here’s how to do it. You can thank me later 🙂
1. Write all your dreams down
The ridiculous, the far -fetched they are your dreams and they deserve to be written. If you have been dreaming of a masters or working in a foreign country, writing it down makes you think about it more seriously. For too many people life just happens to them. Planning means that you get intentional about the things you financially and otherwise.
2. How long do you think it will take to achieve them?
Timing is a sensitive issue with our generation. We want it all now. It doesn’t help that so many our age are already living the life while the rest of us are still struggling to get there. It’s one of those things buying now unless you can afford it means that you’re buying with someone else’s money. They own you and you really can’t afford to get sick, lose your job or follow an opportunity that clashes with your little arrangement. Hard life to live if you ask me. Patience is hard but it pays off in the end. It makes you wiser too buying what you can afford and investing the rest to your dreams. It does pay off just not immediately.
Look at your earnings and your projected earnings for the next few years and given your investments set a rough timeline for your goal. It helps if you know where you stand with your goals.
Short term- Less than 1 year
Medium Term- 1-3 years
Long term- more than 5 years
3. Educate yourself
What investments will help you get there sooner? What do you need to know about personal finance? How can you increase your income? What financial products will help you get there? Financial Education is the most important education we need yet it’s never taught. It’s why the millionaires are not always Phd’s. We’ll be bringing more money knowledge from the Money Academy so keep it here.
4. Evaluate your progress.
Keep track of where you are in reference to your goals. A sudden pay rise may get you there closer or an investment may pay off more than you expect. It’s all good news. If some setback makes sure you’re off track evaluating helps you get back on track fast. Keep your goals in front of you- get a vision board, a book or a folder on your computer to remind you when things get tough. When you do get to your goal nothing beats the satisfaction.
P.S. That Picture it’s real. From the Seychelles Islands Just one flight away from where you are right now. Wouldn’t that be an amazing Christmas holiday?