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Testimonial

“Kenneth is an innovative entrepreneur who has a passion for helping individuals navigate through the complex web of private and Federal student loans. His investment in FMI and commitment to his student clients’ success is testament to his success.”


Angel Beltran Integration Project Manager, Talmer Bank & Trust

Thursday, December 9, 2010

Financial Goal Setting (Not A How To)

A Little Humor
Hey everyone, it's that time of the year health club membership are up everyone is on the bandwagon to loose weight, eat right you know who you are.  Your all excited and your saying "Girrrl I'm gonna loose all this weight off my A$$".  Now fellas if you are echoing those same words well that's just a topic for a different day.

Setting Financial goals is just as important as your health goals; it's like we know what to do but sometimes we disconnect from the goal.

A Coach-Um Up
Q-What are the motivating factors to setting this goal?
(Example: are these goals motivated by deeper values and interest, or by social pressures, perhaps guilt.)

Staying Focused On The Outcome
For many years and even today we view goals in terms of Short and Long Term goals.  In my opinion when we set goals and categorize our goals this can be very challenging especially if the individual is not accustomed to setting goals let alone achieving financial goals.

This is in the book on How To set and achieve short and long term goals. The real "How To" book should be called "How In The Hell Can You Tell Me How To Set and Achieve Financial Goals When You Don't Know A Damn Thing About Me" now that's a "How To"

Listen the important thing to do is:
  1. Identify the behaviors that manifest when you start to disconnect from the goal. (Is it in certain social groups, is it the late night infomercials that lure you in to buying items that you don't need, is it a family member that always seems to know when your check comes etc..) 
  2. When you begin to understand what the set of circumstances were that caused you to disconnect from the goal, achieving the goals become easier.
  3. If you struggle with holding yourself accountable for your action plan you can always connect with me at kgrayer@fmiedu.org 
Thank You For Reading

I'm Out Kenny G.

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