What do you want in life?
- You want success.
- Financial independence.
- Wealth to take care of your family.
- Perhaps you want the time to go on exotic holidays with the family.
- Or pursue your passion without worrying about the bills.
There are plenty of reasons why a person wants financial success...
...But many don’t know how to get there.
...Or they lack the discipline to take the necessary steps.
Goal setting is imperative if you want to get somewhere.
It’s a roadmap to your destination.
Without your goals, you’re floating adrift at sea.
However, there’s one key factor for effective goal setting.
It’s also imperative for achievement.
Are you ready for the golden key?
The key is to start small and manageable.
That may not seem like a big revelation...
...But it can get discouraging for some people if the goals are too big or too far in the future.
So, where do you start?
Now, it’s time to plot the course...
That’s where small and manageable come into play.
Instead of keeping your eyes on the top of the mountain...
...start looking at the paths and trails.
These are the necessary steps.
But they’re also manageable and immediate.
These small goals represent something you can do right now while working towards your destination.
When you’re building wealth, you want to keep your goals small and manageable, too.
You know where you want to be in 25 years...
From there, start scaling back.
Cons – Increased Risk If Used to Invest
It may be tempting to use equity for additional investments...
...But this comes with additional risks.
You’re investing with money you don’t have in your savings...
...That means if something goes wrong, you still have to pay interest on it.
That’s the best-case scenario.
You may be at risk of defaulting on the loan in a severe downturn.
It’s easy to overestimate what you can do in a day...
But it’s equally easy to underestimate what you can do in a year.
So, try creating goals in 90-day chunks...
They’re small and achievable.
And they also move you forward towards your bigger purpose.
Ready to become the master of your own lifestyle design, and use Real Estate as the vehicle to get you there?
And remember, stay awesome, and keep dreaming bigger.