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It is already more than halfway though 2016. I cannot even believe that time is going this fast. Many people sit down and evaluate the goals they set for the year about midway through the year. I am a little behind in posting this, but I do think it is a good idea to have periods to time to review your life goals you set at the beginning of the year. Have you achieved any or all of the life goals you set out to achieve this year? What did you do to achieve them? What steps did you take to make them happen? In this post, I am going to give you some steps to help you achieve your goals if you haven’t gotten to them.
Many people make New Year’s Resolutions or have goals that we want to achieve at the beginning of the year, however it is estimated that only 8% of those who make resolutions achieve them according to a study done by the University of Scranton. In order to achieve your goals, there are certain aspects that will make it easier.
Strategies on How to Achieve Your Goals:
- Set reasonable goals. Make sure the goals that you set are reasonable. If you set a goal you know you can’t achieve, it may seem to far out of reach and you give up before you start. Set a goal that can reasonably be accomplished within the time frame you are looking to achieve it.
- If you are a go getter, think about setting a goal that may be just a little out of reach. Some people like to set goals they don’t think they can achieve as it adds fuel to the fire per se. If you are one of those people, then set a goal that seems a little far fetched or a little out of reach so you have a goal to hit. It just depends on what type of person you are. We are not all built the same.
- Set up a plan to re-evaluate your goals. How often are you going to assess your progress with your goal? Creating some way to constantly evaluate your progress makes it more likely that you will achieve the intended goal.
- If you get off track with your goal, brainstorm ways to get back on track. When you are in the re-evaluation phase and you see that you may be off track, start thinking about ways that may be a little out of the box in order to get to where you want to be.
- Evaluate what is working and what is not. Do you see a pattern of what seems to be working? What has been the easiest to do and why? What has been hard to do and why? Can you think of a way to make the hard things easier? For example, if you are trying to watch your diet and you notice that on the weekends it is really hard to eat well, what can you do in order to make it easier to eat healthy on the weekends? Set up an action plan to start right away to make it happen. In this case, maybe you need to surround yourself with people who have the same goals when things are hardest. There are a lot of options on what you can do, you just have to figure out what works for you.
- Organize and plan your goals and incorporate them into your life. We are all so busy it is very easy to forget about the goals we have. It is easy to get busy and get caught up with what we are doing day to day that we let our goals slip away. Don’t do it. Think about how you will feel once you achieve the goal you set out to achieve. I know that you are busy enough with work, school, kids and activities, but don’t let your future goals fall by the wayside. Let your future motivate you and keep you focused on why you should achieve your goals. It is necessary to take control of your schedule and set yourself up for success. Figure out how to incorporate your goals into your daily life.
- Think about your goal every single day. I can’t stress this one enough. When you wake up, think about the goal you want to achieve. Before going to bed think about the goal you want to achieve. This may sound excessive, but when you think about how much we think about each day, our goals can be last on the list if you don’t put them first. If you are constantly thinking about your goal, you will be more likely to achieve it because it is in the forefront of your mind.
We set out to achieve some financial goals this year and so far we have done pretty well. We didn’t go about it in the way we thought we would though. We wanted to pay off our duplex we bought in 2013 and we did that….by selling it. We closed on that property within 30 days of accepting the offer. We hadn’t really discussed selling that property until April. It was something that came out of nowhere for both of us, but seemed logical. We felt that the property was at the peak of the market so now would be a good time to sell it.
We bought it for $61,000 in 2013
We put $20,000 worth of updates into it (total investment of $81,000)
We owed about $16,000 on it
We sold it for $116,500
After all the realtor fees and closing fees were taken out, we ended up with a little over $90,000 in our pockets. I tell you this to hopefully inspire you to think about real estate investing as a way to make some side money. There are ways to get into real estate investing for very little money. There is actually a book I recommend reading if you want to get started in real estate but you don’t have a lot of money to start. It’s called The Book on Investing In Real Estate with No (and Low) Money Down by Brandon Turner. Brandon is a part of the Biggerpockets team and I listen o the podcasts every week. He is a real estate investor who has used creative financing to get into real estate and eventually quit his 9-5 job.
We paid off $78,000 worth of debt in 17 months and now we are over $100,000 in less than 2 years. If you are interested in a free email course with the same steps we used to pay off debt, you can sign up here.
There are tons of ways to make extra money as side hustles. If you would like to check out ways to make more money, check out the free download of 175 ways to make extra money. Real estate happens to be our side hustle. You can check out our latest renovation here and check out ways to save money on renovation. If you have an interest in real estate investing, start reading books. Check out my recommendations page for a list of great books that will put you on the path to becoming more knowledgeable about real estate.
Our other goal was to take a vacation. We hadn’t been on a vacation since Logan was born, so we decided we were past due. We wen to Topsail Beach, North Carolina recently and we had a blast. It was so nice to just relax and be a family having fun. We had some down time together with the sun and sand and it was really great. It is nice to just disconnect from the world sometimes.
What are your goals? Have you achieved the goals you set out to achieve this year?
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