My goals and actions – My priorities in seven life areas

Life area 3 – Money and personal finances

  • Some of the questions you might benefit from answering here are:
    • What do I want to afford in the short term?
    • What do I want to afford in the long term?
    • What do I achieve with my finances?
    • What options do I have for generating more income?
    • What options do I have for generating new income?
    • How can I use the Internet to generate more (or new) income?
  • Self-evaluation questions – Please evaluate from 1 – 10, your current situation and where you would like to be in five years from now.
    • How important is being financially effective to you?
    • How satisfied are you with your current financial effectiveness?
    • You have enough money to meet your current wants.
    • You have enough money to meet your current needs.
    • You know what your exact outgoings are each month.
    • You always know what’s in your bank account/s.
    • How important is being generous to others to you?
    • How generous are you currently being towards others?
    • How satisfied are you with how much you give to others?
    • How important is a charitable contribution to you?
    • How satisfied are you with how charitable you currently are?
    • How willing are you to step out your comfort zone and take new risks to generate more income?
    • How much do you worry about your current financial situation?
  • Write a personal vision statement and goals in your relationships related to this life area that you like to make changes in:
    • What is your greatest life vision for this life area?
    • What are your main ‘life area’ goals that will lead you towards fulfilling your greatest life vision? What needs to be done and by whom? When do these goals need to be completed by?
    • What are your medium-term milestone goals? What needs to be done and by whom? When do these goals need to be completed by?
    • What are your short-term mini-goals? What activities and tasks are needed to be done, by whom and by when? (Prioritise doing important or urgent activities and tasks that leads you to achieve your greatest life vision goal and long-term main goals and eliminate those that are not important or not urgent.)
  • Then ask yourself, for each goal, the following questions to determine whether they are SMARTER:
    • Specific – Are you specific with your goals?
    • Measurable – How will you know when you have reached your goals? How will you know that you are making progress towards them?
    • Action focussed – Do you have a good idea about what’s required to achieve these goals?
    • Relevant – Why are these goals important to you? How do they fit in with your greatest life vision or long-term goals?
    • Time-specific – When do you want to have achieved these goals by?
    • Exciting (and enjoyable) – Whyare these goals exciting to you and why will you enjoy working towards them?
    • Revisable – How will you revise and review the progress you are making?