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Important Rules To Follow:

Rule #1
Write down your goals. It helps to make them realistic and easy.

Rule #2
Goals must be specific, measurable, and provable.

What not to do: "I want to be wealthy in the year 2000."
An actionable goal: "I will put aside 10% of my income in a retirement account for the next year."

Rule #3
Start now! Take immediate action within 48 hours.

By doing something immediately--making a call or looking up the information you need--your goals will feel more real and specific.

Rule #4
Put a written copy of your goals where you see them every day.

Good places include your organizer, bathroom, or kitchen.

Rule #5
Share your goals with someone you love and trust.

Support and help from family and friends are invaluable.

Rule #6
Develop goals that fit with your values.

If your value ladder showed that spending more time with family was important, translate that into a goal such as, "Picnic at the park with the kids every Saturday at noon."

Rule #7
Review your goals at least every 12 months.

At a minimum, review your goals at least once a year (like in the last week of December). This will help to refocus your efforts and urge you to recommit emotionally.

MsMoney.com has two tools to help clarify your goals and objectives:

 Clarify Your Values

 Financial Goals & Priorities

 

 

 

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