Goals are those that keep you awake the whole day and make you busy working to make them happen because you know its importance and value to yourself and to the people you love.
Do you have goals? Do you have the motivation to earn more money so you can save and invest more for your goals?
If none, this post is not worth reading to you.
If yes, go ahead.
Remember the last time you went on a getaway to a favorite destination? How was it like preparing for the vacation?
I definitely can remember my last time. I had to check on how much the airfare costs, where I would be staying that would be economical and at the same time accommodating, when I will be leaving, and even as important as all those questions above - how much money I should save to make the most out of the vacation.
In terms of saving, having found out how much for the plane fare, terminal fees, hotel stay, entrances to theme parks, food, etc., I now know how much to save in a month within a particular time. I know that my discipline to save will be for the fulfillment of my destination.
Remember when you had to save regularly for a couple of months, or even years, just to own a computer, a professional camera, a house and lot, etc? See how easy saving and investing money can be easy when we just set our eyes on the prize (destination) and faithfully going through the journey (discipline).
But somehow, we end up saving only for only short-term wants and procrastinate - and even disregard - on long-term needs. So if the wants can be fulfilled, the needs also need to be taken into consideration, even more than those wants. Through the 2 D's featured in this blog, I believe you will make it to your desired goals.
Destination. Understand what you really need. How do you see yourself 10, 20, or even 30 to 50 years from now financially? What goals do you want to accomplish by that time? Remind yourself why you are saving and investing with the destination. A written, well-thought of and specific destination will motivate you to make the most out of your investments and find more ways to earn more.
Discipline. This is just as important as the destination. You can't move from the bedroom to the kitchen without actually taking one step at a time to get there. You can't just get the best shape of your physical life by going through only one workout and be a couch potato again. Just like in saving for the things you need the most, you have to continue saving and investing on regular intervals in order to achieve them. It's not enough that you invest one time and leave it there to grow (unless if you really invested a big chunk of money); faithfully investing reminds you that you have goals to accomplish and a destination that you surely want to reach.
Long term needs like preparing for your child's college and even retirement are things that need to be addressed as soon as possible. You can't just think about retiring at age 60 and prepare for it at age 55. Because living too long cannot be a privilege but a long term burden.
Make the sacrifice to save and invest for the right long-term reasons. The Law of Harvest simply states that "What you plant, you harvest. What you don't plant, you don't harvest". What do you want to harvest when you retire? When your kids are growing up? Think about starting early, saving regularly, and keep your eyes focused on the harvest that awaits you.
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