Five Financial Goals to set in life.

"A goal is a dream with a deadline" - Napoleon Hill.

Welcome to the last quarter of the year (2016), time really does fly. I cannot believe its November already. Good thing about this is that it is a time to reset. A time to plan ahead. A time for a new beginning in 2017.
At the beginning of the year, it is common for people to make new year resolutions. However, a couple of weeks or months after, these resolutions are quickly forgotten and at the end of the year you are exactly where you started off. A major reason for this is that resolutions are easily forgotten because they lack time frame for execution. What then is the difference between a goal and a resolution?.

For example, a resolution is - "I will lose weight in 2016" however a goal is "I will lose 15kg by the 30th of November 2016.

So here are 5 financial goals we need to set in life.



If you don't have savings, this is a good time to start. The key thing is to save before you spend. Create a budget to determine how much you have available for savings. You may thinks that you don’t earn enough and that when you earn more you would start saving. Well the thing is that if you can’t save when you have little you won’t be able to save when you have alot. It is also important to create an emergency fund.


If you are in debt, its important to be determined to be debt free or to start working towards paying off your debt before the end of 2016. Being in debt is like carrying a heavy luggage on a long journey. Whilst you may reach your destination, debt hinders your progress and may delay the process significantly. No matter how large your debt is, you can pay it off. The key thing is to start and to start small and build up.


  1. Living debt free is everyone's dream! I am currently reading a book about investing. Seems like a great way to achieve financial stability but I need to be more knowledgeable on the topic. I also endorse saving before spending. Some really great tips here.