How To Get What You Want?

[alex499]

SMART is not something that will make you retire at the age 38. It is basically setting up goals that are;

specific
measurable
achievable
realistic
time bound

I think RISK is one more thing you forgot to include

[KiwiJo09]

That's why I like using Mint goals. I know it isn't exactly perfected. But it asks you all those questions and tells you what you're doing wrong, how to speed up your goal achievement,and when it'll be completed!

[photo]

There are various ways to achieve goals, but the most important aspect is simply to have a goal or a plan to get what you want. You've probably heard of the "marshmallow test" (I'm not sure what it was called) where children were offered the choice of receiving 1 or 2 marshmallows. The caveat was that the child had to delay gratification to get 2 marshmallows.

Receive 1 gratification now or wait and receive twice the amount later on.

The results are what you'd predict. The test was administered in the 1960s, so the children are now adults. The ones who delayed gratification had ultimately more success in life, both personally and professionally.

It's like that with money, especially for those who earn slightly higher wages. They have the means to obtain larger amounts of debt, so they can enjoy a lot more "toys" right away. But then they lose a lot of wealth by missing out on compounded interest by saving more and saving earlier. Those who don't indulge right away are much more often rewarded by having both wealth and, at the same time, their "toys," albeit at a later time.

[papa_squat]

I tend to use Stephen Covey's model for the Seven Habits of Highly Effective People and I've actually had great success with it. I feel I'm doing well in all areas of my life and I'm successful for my age, education and effort. I'm always trying to raise the bar though. Finding a system that works for you is great news to hear. Keep up the good work!

[alphadore]

I think RISK is one more thing you forgot to include

You mean goals that are Risky? Huh?