The Connection Between Goal-Setting and Building Wealth

February 8, 2023

Dream Big and answer these questions...

  • What do you deserve?
  • What do you want? 
  • Why do you want it?

Goal-setting is a critical component of building wealth. With purpose behind your goals and clear objectives, it will become easier to stay motivated, stay on track, and make progress toward your financial aspirations. Whether your goal is to build an emergency fund, pay off debt, invest in real estate, build a diversified investment portfolio or launch a successful business - setting goals is the first step towards actualizing your financial goals. 


Set Long-Term and Short-Term Goals
Peter Drucker, a well-known management consultant, is often misquoted as saying, "you can't manage what you can't measure." In other words, achieving a goal is impossible if you don't know what it is. Setting both long-term and short-term goals is an essential step in wealth-building. Long-term goals are typically larger, more ambitious aspirations. It may take years or even decades to achieve, such as buying a house, saving for retirement, or starting a business. On the other hand, short-term goals are smaller, more immediate targets. This may be achieved in a matter of months or a few years, such as reducing debt, building an emergency fund, or saving for a down payment on a house. Having a mix of long-term and short-term goals allows you to create a well-rounded plan for your financial future while feeling a sense of accomplishment along the way.
Bonus: if you can challenge yourself, go through the thought exercise of taking a 100-year view of your finances and generational wealth.


Visualize Your Goals
Once you've set your wealth-building goals, the next step is clearing your mind, sitting still, and going into a peaceful mental space to visualize.
Visualization involves using your imagination to see yourself achieving your goals. For example, you must continuously imagine yourself in the future with the financial stability, security, and abundance you desire. By visualizing this future reality, you create a mental image that can motivate and inspire you to take action toward making it a reality. This practice helps to build confidence, increase motivation, and focus your energy on the things that matter most. It can also help you overcome any doubts or fears that may arise along the way. By focusing on your vision of financial abundance and stability, you can make it a reality through your thoughts, actions, and persistent effort.


Manifest Your Goals
The next step is
manifestation, which is the process of building momentum toward what you want and the goals you set forth. This involves the compounding effect of your habits, decision-making, and overall mindset and attitude. It consists of focusing on what you want in your life and taking steps to make it a reality. The steps include deep research, self-reflection, setting thoughtful intentions, and a consistent forward motion toward your goals. The manifestation process can help you tap into your inner power and creativity to bring abundance and prosperity into your life. It's important to remember that manifestation is not just about passively waiting for things to happen, but taking inspired action, getting out of your own way, and being open to all possibilities and opportunities. By aligning your thoughts, feelings, and actions, you can manifest the life you desire and build the wealth you want.


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