A wish is always vague by nature. It doesn’t come up with action plans to ensure you can get it what you want. I wanted to become a space scientist when I was 12 years old, but little did I know that just dreaming isn’t enough.

Just like me, many of you have dreams like buying a Rolls Royce, traveling to an exotic destination, buying a house, and many others that you would like to accomplish. But they don’t simply take off because we fail to make plans.

This is exactly where wish and goal disconnect. Without creating a plan for your goals, you are depriving yourself of a chance to turn your dreams into reality. 

Having a goal is just half the battle. Your goals should be SMART i.e. to S – Specific, M – Measurable, A – Achievable, R– Relevant, and T – Time-bound. 

1. Specific – Goals should be clear and specific like buying a car or a house and many more. Else you won’t be able to focus or feel motivated to achieve it.

2. Measurable – Financial goals should be measurable and it cannot be vague. So, you can track your progress and feel the excitement of getting closer to achieving your goal. Knowing the present value of your goals can help you calculate the future value and savings required to achieve them. Set out your goals and milestones so you know. you’re on the right path.

3. Achievable – The goal should be realistic and attainable in the future. You should be able to achieve your goal based on existing constraints or financial situation.

4. Relevant – Set a goal that matters to you. Goals can be never-ending but the means to achieve them are limited. Hence, we should prioritize our goals so we don’t miss the important ones.

5. Time-bound -Every goal should have a time frame in mind so you achieve them systematically. You can have short term goals like buying a two-wheeler soon say 2 years or a long-term goal like planning your retirement at the age of 60.

Always remember Planning is key to achieving your goals, not just financial goals but any other goals in your life. You have a personal goal of running a marathon. You wouldn’t just start running aimlessly every day. You would first prepare a training plan that would help you overcome the challenges in a systematic way. Your training would be progressive and not complex to get your body ready for your dream run.

Focus on your end goals and imagine as if they have already occurred. Half the battle is already won when you have achieved your goal in your mental space. It’s easier for you to understand exactly what you need to do to get there rather than thinking about obstacles that might face in the process. 

With a well-crafted plan and never losing sight of your SMART goals, you can achieve pretty much any goal you set out to complete.