Goals are Key to Designing Your “Rich Life”

Financial Life Planning is a holistic process that will help you to clarify your values and guide you in defining and designing your unique version of the “rich life.”

Goal setting is an essential component of this process, and a powerful tool for experiencing what is most important to you.  When you imagine what you want your life to be like and what you want to achieve, these images will become the basis of your life and financial goals.

In addition, when you translate those images into words and write them down, your goals will become clearer and more compelling.  You will derive many other benefits from goal setting as well: (more…)

Setting Goals That “Make Your Eyes Shine”

Benjamin Zander

As I mentioned in a recent post, Are SMART Goals Wise? certain types of goal setting may actually be limiting rather than liberating. The principle of SMART goal setting is that your goals must be Specific, Measurable, Attainable, Realistic, and Tangible. I believe that while these types of goals can be helpful in some situations, they can pull us back into the frame of measurement and competitiveness, shutting down creativity and vision. (more…)

Identify Your Heirarchy of Life Values

valuesIn The Thinker’s Way, author John Chaffee describes the word “value” as “the general term we use to characterize anything that possesses intrinsic worth, that we prize, esteem, and regard highly based on clearly defined standards.” (more…)

Does Goal-Setting Give You Stress?

This piece on goal-setting (reprinted with permission from Money Quotient) is one that I share with my clients during the initial stages of our Financial Life Planning ® goal-setting process. The article offers “7 Tips” for setting effective goals – insights that can help you laser-focus on the right goals for you.

Goals

“The future belongs to those who believe in the beauty of their dreams.”
Eleanor Roosevelt

“Happiness lies in the joy of achievement and the thrill of creative effort.”
Franklin Roosevelt

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Wealth is a State of Mind

As more research into the reasons some grow wealthy while others do not is proving, a person’s mental attitude or state of mind is critical to financial freedom – however you define it. Like so many things in life, human beings are able to talk themselves into just about anything. So, why not talk yourself into becoming financially successful – or – rich?

In Napoleon Hill’s classic book “Think and Grow Rich,” written in 1937 during the Great Depression, he shared the principles that he used to pull himself out of poverty and to help others do the same. None of these principles deal with specific earning or investing skills, but with creating the mental attitude that creates the fertile soil of wealth building.

In an article for CNNMoney, for Money Magazine titled Trick Yourself into Getting Richer, the five authors rely heavily on the book “Thinking, Fast and Slow,” by Nobel Prize-winning psychologist Daniel Kahnemann, in which he “explains that human brains are of two minds: the fast, intuitive decision-maker and the slower, more analytical ponderer.” The idea is to try to “trick” oneself into thinking like a rich person. A few of the more effective tricks would be… (more…)

How Much Money is “Enough?”

When it comes to real estate, we are told it is all about location, location, location. When it comes to money, we are told we need more, more, more. However, this begs the question, “How much is enough?” Through the use of our personal investment management strategies and individual financial planning, we can help you answer this question; for yourself and your family.

The messages we receive every day, from radio, television, and all over the internet teaches us to focus on always striving for “More.” But, how much is enough? How much is enough to eliminate the fear of running out of money? How much is enough for us to relax and be happy? (more…)