This is a popular time to make a new years resolution but how many of these actually turn into results? The usual question after someone announces their resolution is: "how long will that last?" Instead we should be asking "how long will it take to complete?" That's why I don't support new years resolutions, they are bound to fail every time. We instead need to make goals that we want to accomplish in the new year. To make goals work they need to encompass 5 qualities, they need to be:
1) Specific
2) Measurable (how much?)
3) Yours (not your wife's, husband's, mother's, brother's or friend's goal for you)
4) Have a time-limit (how long?)
5) In writing
Therefore the standard new years resolutions of "My wife wants me to lose weight", "I want to spend more time with family" or "My family wants me to get out of debt." Will not work! They are bound to fail. We instead need to make them goals and incorporate the 5 characteristics above. You want to get out of debt? Great! How much do you have to pay off? How long are you giving yourself to pay it off? These are the types of questions that need to be asked, answered and written down. Once you do this, your goals can be accomplished and 2012 can be the year your life turns around for good.
--A Future Millionaire
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