Where are you going? How are you going to know how to get there?

You won’t know where you are going financially unless you have considered your goals. When you are done listening to this episode, I want you to feel confident about your financial goals.

If you are new to the Money Mile podcast, welcome! This is the number one financial podcast designed for triathletes and runners. I’m here to help you increase your understanding of personal finance while improving your fitness.

Press play to enjoy while you are out on your long, steady run.

You will want to hear this episode if you are interested in…

Why haven’t we discussed goals before?

You may be wondering how have we gotten this far into financial planning without talking about goals. That is because there are certain financial areas you need to take care of regardless of your goals. Before exploring goals, we first covered estate planning, risk management, income tax planning, investments, and cash flow.

Everyone’s goals are different and they should be based on their feasibility. You’ll need to consider your resources as you set your financial goals.

Setting SMART goals

While it’s understandable that you probably want to improve your financial position, that isn’t the best goal to strive for.

Rather than trying to do better financially, consider setting a SMART goal.

“We are kept from our goals not by obstacles, but by a clearer path to lesser goals.” – Robert Brault

Your goals will evolve as you do

Only you can set your goals–nobody else can do this for you. Pick a goal that is meaningful for you and something that will make you proud when you accomplish it. When we embrace our goals, we also identify some of our current limitations, and our goals get better.

Just like us, our goals change over time. Your goals should evolve as you do to become a better reflection of who you want to be and the life you want to live. Listen in to hear how my fitness goals have evolved over time to reflect the future that I hope to attain.

Take action

Are you ready to take action? What you do is more important than what you know which is why it is time to come up with your own financial SMART goal.

Write it down and post it in a place where you will see it regularly. For bonus points post it on social media and tag #MoneyMile.

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