Goal Setting for the New Year

Lets face it, we’ve all made a New Years Resolution that haven’t come to fruition. One of the possible reasons that many of us fail on our New Years resolutions is because we don’t know how to effectively set goals. Goal setting needs to be SMART: Specific, Measurable, Attainable, Relevant, and Time-Bound. You have a bigger chance of achieving SMART goals than those that are vague and too broad or don’t have a specific target date for completion.

S- Specific

When goal-setting, your goal must be very clear and defined not only to you but to others as well. It should be precise, detailed, and capable of answering questions instead of creating more.

M- Measurable

Include dates, exact financial numbers, and amounts in your goal. Your goal shouldn’t be, “Make more money,” it should state a specific amount, by a specific time. “I will make $10,000 extra dollars by January 1st, 2018.” If the goal is broken down into steps, each step must be measurable, as well.

A- Attainable

Your goal must be achievable. You should be able to accomplish it within the constraints of time, money, environment, as well as your skills and abilities and other important factors. I do however, recommend you set a couple goals for yourself that I call “breakthrough goals” or a goal that is really going to push you to attain.

R- Realistic

Goals should be in line with the direction that you’re heading in life. Keep your goals in line with your true purpose. Don’t waste time with unrealistic goals.

T- Time-Bounded

Always set specific deadlines for the completion of your goal. Creating a target date of completion creates accountability and gives you more motivation. If you don’t achieve your goal by your specific date, that’s ok, adjust and keep moving forward. Always set a date to your goals.

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