You KNOW what you want from your life – but your progress towards it is kinda stagnant. Your bank account leaves a lot to the imagination and you just can’t seem to put enough money away towards your goals. Today I’m going to show you EXACTLY how you can move the needle and FINALLY start to have more money in the bank so you can afford all of the juicy things you want in your life.
Chances are, if you’re reading this, that you have some sort of goal in mind that you’re not moving towards quickly enough… and that is FRUSTRATING as hell.
Because, you’ve set the goal and gotten all excited about it… BUT that bank account balance is just staring you in the face and mocking you. But I’m going to show you one simple trick that will help you achieve whatever it is you want to FASTER than you are right now.
Hands up who has completed a goal setting task before? 🙋♀️🙋♀️🙋♀️
Most people have been through the traditional way of setting goals, through the S.M.A.R.T goals principle. To refresh your memory, a S.M.A.R.T goal is:
But you see I have an issue with S.M.A.R.T goals. Don’t get me wrong, I love all of the elements of this except one… Timebound.
When people set a goal with ‘Time-bound’ in mind, most people default to ‘I want to achieve XYZ in 6-months time.’ When really, the trick to achieving your goals as quickly as possible is to use DEADLINES.
I don’t know about you guys, but I can be a really great procrastinator sometimes. There are times where I put things in the “too hard” basket and put it off until I absolutely HAVE to deal with it. Many of us work the same way – if we have a deadline we have to meet, we make sure that we get it done! But if there’s no deadline, we can just put it off and avoid it because we lack the same sense of urgency. This is true of our finances.
Most people find it hard to progress towards their goals, because they have no sense of direction or urgency to do it. When we use a time frame, it’s really easy for that time frame to just keep extending itself out. With no specific dates, that time frame of your choice will just keep creeping out without you even realising it.
I would almost bet that every single one of us has been in the situation that we cruise along, not really progressing financially. But then something comes up (like a holiday), and all of a sudden, we’ve saved up $3000 in 3 months! Why does this happen?
When we have a goal, a sense of direction and a deadline to meet this goal, we create a genuine connection with our money. Money transforms from being a general facilitator of life to something that provides us with opportunities to have fun and live our lives how we want to. All of a sudden, you find it so much easier to manage your money effectively because you know that it is going to get in the way of what you’re working towards!
So how can we use deadlines to build our wealth? Well that’s the easy part –use it as a part of your goal setting.
If you have a goal that you are working towards – pick a date and set it as your deadline. Mark that day in your calendar/diary/phone, and set yourself reminders.
You will INSTANTLY find that that goal becomes very real for you. It’s no longer just something that is floating around in your head – it is happening, and you have the deadline to prove it.
Once you’ve set your deadline, it’s time to do the do. Create a plan for your money and take ACTION so that you can meet that deadline.
Need help working out what to do with your dough to meet your deadline? Book in a FREE Mini Money Mentoring session below and let’s work that out together!