You\u2019re probably trying to figure out where I am going now. We were just talking about a new way of thinking was needed and now we are going into talking about financial goals.<\/p>\n

Don\u2019t worry we are not off track at all. I just want to use this to show you that indeed we have to look at things a little different than the ways we know.<\/p>\n

If I was to ask you what your financial goals were in life, what are the first thoughts that come to your mind.<\/p>\n

Usually, the answers I receive are things such as,<\/p>\n

\u201cI want security, knowing I have a good stable job so that I can provide for my family the best I can.\u201d<\/p>\n

\u201cI want to be comfortable knowing that all my bills are paid and that I can hopefully have something to send my kids to college with and maybe even retire on someday.\u201d<\/p>\n

Those are the typical goals we have because that is usually what we have been taught as being successful in life.\u00a0 Or, that is all we knew or saw\u00a0 ourselves as able to achieve out of our lifetime of efforts.<\/p>\n

We will come back to these ways of thinking in a few minutes but first let\u2019s talk about what a financial goal really is.<\/p>\n

You have to bear in mind that a goal is different from a wish.<\/p>\n

Remember back in our talk about setting goals, I said that goals required action steps.\u00a0 Well, the same holds true for your financial goals.\u00a0 It requires effort and action to achieve your end result.<\/p>\n

You may wish to be rich, but that doesn\u2019t mean you\u2019ve ever taken any practical steps to make it come true.<\/p>\n

You\u2019ve possibly even earned enough money to put some aside, but like most people, you\u2019ve probably invested it with an eye toward security, since you can\u2019t imagine yourself ever getting rich.<\/p>\n

You need to understand the difference between these 3 financial goals before you can go about achieving them:<\/p>\n

\n
• Job security<\/li>\n
• Financial security<\/li>\n
• Financial freedom<\/li>\n<\/ul>\n

  Job security is the probability that an individual will keep his or her job; a job with a high level of job security is such that a person with the job would have a small chance of becoming unemployed.<\/p>\n

  Like job security, financial security is the same except for the fact that you may not be living pay check to pay check and you are able to maintain your bills and still manage to put something away for a rainy day and your own retirement.<\/p>\n

  Many people think financial freedom is being rich or wealthy. I disagree. You can be wealthy and still not be financially free.<\/p>\n

  Being financially free to me means one is not worrying about money.<\/p>\n

  Complete financial freedom would mean your income is automatic.\u00a0 If the economy takes a severe downturn, or for some reason your job was taken away, or you just stopped working for an extended period of time, your life wouldn\u2019t make a noticeable turn for the worse.<\/p>\n

  It’s quite simple – aim for financial freedom!<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

  You\u2019re probably trying to figure out where I am going now. We were just talking about a new way of thinking was needed and now we are going into talking about financial goals. Don\u2019t worry we are not off track at all. I just want to use this to show you that indeed we have […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18,5,14],"tags":[],"class_list":["post-124","post","type-post","status-publish","format-standard","hentry","category-goals","category-lessons","category-mindset"],"acf":[],"yoast_head":"\n