Last week we look at step 1 of planning goals and objectives. This week, we’ll look at step 2:

2.     What’s your destination?

What’s the most common excuse for not doing what we want to be doing? Money? What is money?

My definition of money is a commodity used to help us to achieve our personal goals. Where we go wrong, is when money becomes the be all and end all of our existence.

Don’t get me wrong, I’m not saying that money isn’t important, it is, and I’m not about to head down a righteous path and unload on you a sermon about the evils of money, but when it gets in the way of your health or family, something is seriously out of whack.

We often try to separate our financial goals from our personal goals. Financial goals are the things you want to achieve that have a financial impact,  including your business strategies, your investment strategies, your risk management strategies, and your estate planning strategies.

Your personal goals  are those things that you want to do that may not have  anything  to do with a financial outcome, such  as health  and fitness,  taking a decent holiday every  year,  spending more time with your family, being  more involved with the community, undertaking more education for personal pursuits. We forget that how we feel about our financial security impacts on how we feel about our life, and vice versa. They are inextricably interwoven.

When we develop our strategies, the financial goals always seem to come first. This is usually because we are dependant on these to fund our lifestyle. We fail to recognise that our personal goals are actually those desires that, what may seem like a lifetime ago,  our financial journey  was  based upon.  Remember when you started working? Your pay was spent week in and week out to pay for the weekend, to save up for that holiday, buy that car you always wanted, or the ticket to the concert you couldn’t miss. But what got in the way of our lifestyle interests were responsibility, career, and the pressure of having a family. We work harder to provide and advance, but forget about ourselves and our interests.

We actually make it hard for ourselves. We put roadblocks up to make it hard to achieve our objectives.

The answer is to align your financial and personal goals. Accept that they are not two separate lists but one and make sure that you are consistently focusing on both without prejudice to the other.

Work out what your personal goals are, determine if you need more money to achieve them, then work out the shortest route to get it. That doesn’t mean rob a bank. It means develop a strategy and then focus on achieving it, while making sure you are achieving your personal goals along the way.

You might be saying to yourself, “It’s not as simple as that” You might be right, but it is a lot easier to achieve if you know where you are heading. You just need to work out the quickest route to get there. If you clearly understand what your goals and objectives and priorities are, you can then develop a clear action plan to achieve it and quickly become Financially Well Organised™.


Almost there!

We’ll finish off Step 2 and conclude Goals and Objectives with Step 3 next week. In the interim, should you need any help with planning your financial future, we are always happy to help! Simply call us on 07 3833 3999 or visit us at