My husband and I recently moved to California which we knew would not be the best financial decision. The decision to move was based on more emotional reasons and my own rather questionable health coupled with a really rough pregnancy, we knew that despite the fact that our income would drop a bit and our cost of living would increase, it was still the right decision.
But add the start market decline and a rocky real estate market and 2008 was financial disastrous for us. Of course, we weathered the storm better than a lot of people and will hopefully recover in 2009 - if not fully, then we’ll at least be well on our way.
My husband pointed out that our conversations over the past couple of months have shifted from “will we ever be able to buy a house?” to “when will we be able to buy a house?”. It’s a much more optimistic conversation.
Tonight we went out and looked at the neighborhood that we would some day like to end up in. We also talked about what we were looking for and now we have a ballpark range to shoot for.
We made the goal much more concrete.
And in doing so, we’ve set our sights on something we can visual and measure progress against.
That’s not to say that the goal won’t every change, but it’s a good starting point, regardless of where we actually end up.
Steps to Making a Goal More Concrete
Visualize
Whether it’s running a marathon, finishing school or buying a house, a concrete picture of what you’d like the end result to be will help you stay focused. When you start to waver from your goals, return to the mental picture and remind yourself of your motivation.
Set a Timeline
I recommend setting up two timelines, a stretch goal and a realistic. Be willing to reevaluate at set points - however, don’t allow yourself to use excuses to push back your vision.
Have honest conversations with all involved
Sure, maybe you’re the one running the marathon, but if you think it doesn’t affect your family, you’re fooling yourself. If you want to buy a house in the suburbs and your spouse wants to live in a loft downtown, you’re setting yourself up for disaster. Talk specifics with the other people who will be affected by your new plan. If everyone isn’t on board, find out why and work to resolve the issues.
Having other people aware of your goal is a great way to make the goal more real. Accountability is key.
Measure
Decide how you’re going to measure your progress and then take the measurements at regular intervals. This will alert you to falling off course before you veer too far.
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