New Year - New Goals

As the year has begun, we look around and notice that nearly everyone we come across has a last minute new year’s resolution. Something to focus to this year, to scratch a short-term itch.

Now, we’re not saying new year’s resolutions are bad, we’re simply suggesting that there is a significant difference between a resolution and a plan.

According to Wikipedia’s definition: A New Year's resolution is a tradition, in which a person resolves to change an undesired trait or behavior, to accomplish a personal goal or otherwise improve their life.
What we know is that roughly as few as 8 percent of people that make resolutions stick to them. In our eyes, here at FoxPlan we’d rather help you set a long-term plan that you can stick to, than set a short term resolution.

A simple tool that you can use to set goals is the SMART acronym below, this will help you create goals that have been thought through and arm you with the tools to tackle your goals for the long haul.

 

Specific                What do you want? Why do you want it? Who is involved?  

Measurable          How will you know when you’ve reached it? How many, how much.

Attainable            Is it in your power to accomplish it?

Realistic               Can you realistically achieve it? Is it really what you want? Are you the right person?

Timely                  When exactly do you want to accomplish it? 

 

Now that you’ve set yourself a SMART Goal, go ahead and implement a few different ‘inputs’ to make the goal become a reality. These inputs are regular or structured actions that will break your goal down in to bite sized pieces. Remember Rome wasn’t built in a day. You might realize that the reason your goals haven’t eventuated in the past is because you didn’t take the time to make them SMART. 

 

Robert Baldwin 
FoxPlan 

Our Advisors

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