Planning 1.0


At the beginning of the planning process, you should set a goal for yourself and start thinking about the steps you can take to reach your goal.  If the goal is too big (e.g., become a millionaire) or too hazy (e.g., get rich quick), you will figure it out very quickly because it will be hard for you to come up with actions you can take to get there or the necessary actions will be very difficult and very scary.  This will force you to select a very specific goal (e.g., create a $2,000 emergency fund in 12 months) which can be achieved with a series of small changes in your life (e.g., saving $42 per week for next 12 months).  This simple exercise will dramatically increase your chances of success by giving you a clear and reasonable goal that can be reached in a series of small steps.

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