Financial Goal Setting
6 Simple Steps to Financial Abundance
Ah, financial goal setting. This is for all you folks out there who are about chasing the paper – making money – building an empire – and becoming ludicrously rich and wealthy.
Saying that, it can be used by anyone who wants to improve their finances – but it takes a bit of commitment, so if you’re not truly motivated by the Benjamins, you’re probably better off mixing your financial goal setting with your other
If you do have a burning desire for more abundance in your life, however,
I think you’ll be surprised by how powerful this simple technique is.
Napoleon Hill – Money Making Genius
If you are serious about making large amounts of money, you should get yourself a copy of the wealth-building-bible by Mr Hill, Think and Grow Rich.
The book explains the mental principles that some of the wealthiest people on the planet at the time used to get rich – including Ford, Rockefeller, Edison, Woolworth and Wrigley – the chap who made all the gum. These folks actively recommended the principles in the book – and between them they are worth billions and billions – so it’s a pretty safe bet that it’s worth a read!
Anyway, Mr Hill devised a financial goal setting exercise that is both simple and comprehensive. I’ve replicated most of it here as it’s quite tricky (and a little arrogant!) to revise a technique that has reportedly made hundreds of thousands of people quite ridiculously wealthy. Therefore – all credit to Mr Hill for this one.
If you follow this process, you’ll see results. I’ve used it and increased my income – but I’m not really money motivated, so I find it hard to stick with it day after day.
If you are incredibly driven to generate more abundance in your life, try this out for three weeks and see what you think. If money is a big motivator to you, then you’ve found the right way to go about getting more!
Financial Goal Setting – in 6 Steps
1) Fix in your mind the exact amount of money you desire. Don’t just say “I want plenty of money”. Be definite as to the amount.
2) Determine exactly what you intend to give in return for the money you desire. There is no such thing as “something for nothing”.
3) Establish a definite date when you intend to possess the money you desire.
4) Create a definite plan for carrying out your desire, and begin at once, whether you are ready or not, to put this plan into action.
5) Write out a clear, concise statement of the amount you intend to acquire. Name the time limit for its acquisition. State what you intend to give in return for the money, and describe clearly the plan through which you intend to accumulate it.
6) Read your written statement aloud, twice daily, once just before bed, and once when you get up in the morning. AS YOU READ, SEE AND FEEL AND BELIEVE YOURSELF ALREADY IN POSSESSION OF THE MONEY.
That’s it! Pretty simple – and all I would add to Mr Hill’s insight is that you have to have a burning desire to get this cash – otherwise it just won’t work as effectively.
This is the same principle for all goals – so whatever your biggest desire is, make sure you work on generating the feelings you would have if you already had it. Also be sure to write your goals down, put them somewhere you can see – and
yourself achieving them!
If you follow all these steps – and practice every day as detailed - this financial goal setting exercise will send you on the path to more cash and abundance.
Go from Financial Goal Setting to Why is Goal Setting Important?
Go from Financial Goal Setting to Setting Goals
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