Reexamining My Goals

I set 1 year, 3 year, and 5 year goals at the beginning of 2012. The goal was to spend 2012 paying down student loans and the home purchase was more in the 5 year goal. Needless to say, my goals have changed significantly in the last 30 days. So now is the time for me to reexamine my goals and to create new ones. This is a personal finance blog so a lot of the goals will be financial but some are more life related, such as long term career path.

As a forward-looking person who suffers from slight ADHD, I find it helpful to have my long term goals written and visible, making me constantly ask the question “how will this benefit my goals?”  I also try to make sure that my goals might be slight stretch goals but still achievable; if they are unobtainable I believe it is setting yourself up to fail. That means I will be crunching numbers multiple times and thinking about my life desires.

I can’t wait to share them with you. Do you create long term goals? If so, how often do you adjust the goals? Any advice? I’d love to hear from you!

Love,

C

3 responses to “Reexamining My Goals

  1. Hi Caitlin! I found your blog from EEMusing and can’t stop reading. 🙂 I’m in my late 20s, just married, about to enter a full-time MBA, and have consulting on my radar. It’s a little sobering looking at the cost of graduate school, especially as my husband also wants to get his masters in the next year so… so it’s nice to see people who’ve made it to the “other side” and gotten a post-MBA job that can pay the loan and the bills. (And buy a house! I’ve been wanting to buy a house forever. That will have to come after graduation and job…).

    I have several long-term goals, but for a while I’ve been saving money without getting any more specific than “retirement.” It’s hard to see what life has in store, and it’s a balancing act trying to get it right between stretch goals and setting-up-myself-to-fail goals…

  2. Hey, thanks for stopping by. I have been following your blog for awhile (congrats on the wedding, btw) so it’s good to find you here 🙂

    I am excited for you and your MBA program! It was expensive and challenging but also extremely fun. Despite the loans and all, I have never regretted the experience and knowledge I have gained. I definitely feel that it has paid for itself and then some. Good luck and please feel free to reach out to me with any questions, etc.

    And thanks for the comment on the goals. I was feeling a bit weird because a friend has recently told me that she thinks this goal setting process is causing “unnecessary stress” and that I am the only person she knows who sets these goals. I am still trying to think through why I have goals and will post a follow up.

    Again, thanks for commenting and good luck on your MBA! Please stop by often 🙂

  3. Pingback: Do These People Work??? | 30 is the new 21

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