Comments on: The Road to Wealth is Paved with Goals http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/ personal finance that makes cents Fri, 04 Jul 2008 22:16:13 +0000 http://wordpress.org/?v=2.5.1 By: SMART Goals & A Piece Of Cake | Rich Snail http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-113154 SMART Goals & A Piece Of Cake | Rich Snail Tue, 22 Jan 2008 03:57:36 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-113154 [...] link to check from very different sources: How to write SMART objectives - Rapidbi The Road to Wealth is Paved with Goals - Get Rich Slowly Create SMART Goals – Self [...] [...] link to check from very different sources: How to write SMART objectives - Rapidbi The Road to Wealth is Paved with Goals - Get Rich Slowly Create SMART Goals – Self [...]

]]> By: Seorsa http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-112815 Seorsa Fri, 18 Jan 2008 21:37:27 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-112815 Great article. I am looking to make some changes this new year, and I really need some successes. I feel like my wife and I are programmed to spend everything. Last year we had only our home debt (379K) in January. I pay taxes and insurance, no escrow. Now at the start of this year I have 14K in credit cards, 17K car loan, and 371K home loan. Yikes! I think I said "Yes we can spend that" When I should ahve said "No!!!" I am not communicating well about our financials. I do everything since my wife doesn't like to. She pays all the bills and budgets at work. ANyways, thanks for the article and for those of you who shared ideas and encouragement. Great article. I am looking to make some changes this new year, and I really need some successes. I feel like my wife and I are programmed to spend everything. Last year we had only our home debt (379K) in January. I pay taxes and insurance, no escrow.

Now at the start of this year I have 14K in credit cards, 17K car loan, and 371K home loan. Yikes! I think I said “Yes we can spend that” When I should ahve said “No!!!”

I am not communicating well about our financials. I do everything since my wife doesn’t like to. She pays all the bills and budgets at work.

ANyways, thanks for the article and for those of you who shared ideas and encouragement.

]]> By: The Benefits of Looking Ahead: Success Tips from 1950 ? Get Rich Slowly http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-110138 The Benefits of Looking Ahead: Success Tips from 1950 ? Get Rich Slowly Tue, 01 Jan 2008 09:00:47 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-110138 [...] As we say “good-bye” to the old year and “hello” to the new, it’s a great chance to look ahead to our plans for the future. I believe that the road to success is paved with goals. [...] [...] As we say “good-bye” to the old year and “hello” to the new, it’s a great chance to look ahead to our plans for the future. I believe that the road to success is paved with goals. [...]

]]> By: Casey Serin: $2 Million in Debt in Two Years ? Get Rich Slowly http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82460 Casey Serin: $2 Million in Debt in Two Years ? Get Rich Slowly Thu, 29 Mar 2007 12:00:55 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82460 [...] Casey Serin is the Napoleon Dynamite of real estate investing. He took real estate seminars from Russ Whitney and read books by Carleton Sheets. He bought into the “get rich quick” mentality. In [...] [...] Casey Serin is the Napoleon Dynamite of real estate investing. He took real estate seminars from Russ Whitney and read books by Carleton Sheets. He bought into the “get rich quick” mentality. In [...]

]]> By: Personal finance at KMull.com http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82401 Personal finance at KMull.com Wed, 28 Mar 2007 15:47:37 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82401 [...] J.D. over at GetRichSlowly loves goals. [...] [...] J.D. over at GetRichSlowly loves goals. [...]

]]> By: 10 Reasons You Aren’t Rich ? Get Rich Slowly http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82384 10 Reasons You Aren’t Rich ? Get Rich Slowly Wed, 28 Mar 2007 12:01:09 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82384 [...] have no goals. I’ve written extensively about goals lately. They’re important. Without financial goals, you’re traveling the road of life [...] [...] have no goals. I’ve written extensively about goals lately. They’re important. Without financial goals, you’re traveling the road of life [...]

]]> By: Debt Blitzkrieg » Blog Archive » Goal setting and all that jazz http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82163 Debt Blitzkrieg » Blog Archive » Goal setting and all that jazz Sun, 25 Mar 2007 20:20:47 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82163 [...] POSTS — Can you afford to follow your dreams? Can you afford NOT to? — The Road to Wealth is Paved with Goals — Make a Wish List of Financial Goals — The #1 Mistake People Make When Using the Law [...] [...] POSTS — Can you afford to follow your dreams? Can you afford NOT to? — The Road to Wealth is Paved with Goals — Make a Wish List of Financial Goals — The #1 Mistake People Make When Using the Law [...]

]]> By: 101 Things in 1001 Days ? Get Rich Slowly http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82099 101 Things in 1001 Days ? Get Rich Slowly Sat, 24 Mar 2007 15:50:30 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82099 [...] site is about. I encourage you to subscribe to my RSS feed. Thanks for visiting!After writing that the road to wealth is paved with goals, I realized that my own list of goals looks a little ragged. Some of the goals are outdated. Many [...] [...] site is about. I encourage you to subscribe to my RSS feed. Thanks for visiting!After writing that the road to wealth is paved with goals, I realized that my own list of goals looks a little ragged. Some of the goals are outdated. Many [...]

]]> By: J.D. http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82095 J.D. Sat, 24 Mar 2007 15:32:08 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82095 It sounds as if it would be useful for me to write about actively pursuing goals once you've set them. A couple of you have mentioned this, and I have problems with it too. Limeade is right: one of the keys is to keep your goals in front of you all the time so that you're constantly reminded of them. It's easy to get wrapped up in day-to-day life and to lose sight of goals... It sounds as if it would be useful for me to write about actively pursuing goals once you’ve set them. A couple of you have mentioned this, and I have problems with it too. Limeade is right: one of the keys is to keep your goals in front of you all the time so that you’re constantly reminded of them. It’s easy to get wrapped up in day-to-day life and to lose sight of goals…

]]> By: limeade http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82094 limeade Sat, 24 Mar 2007 15:11:31 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82094 Having clear set goals is a place to start. As was mentioned earlier, the follow through is where most fail. It's great to have certain goals, but if you don't have a way of holding yourself accountable, they're pretty much wishes. Try carrying a notecard around in your pocket with a couple succint goals and reading them a couple times everyday. Do whatever works for you, but give yourself an attainment date, and hold yourself accountable to it. -limeade http://fiscalmusings.blogspot.com Having clear set goals is a place to start. As was mentioned earlier, the follow through is where most fail. It’s great to have certain goals, but if you don’t have a way of holding yourself accountable, they’re pretty much wishes. Try carrying a notecard around in your pocket with a couple succint goals and reading them a couple times everyday. Do whatever works for you, but give yourself an attainment date, and hold yourself accountable to it.

-limeade
http://fiscalmusings.blogspot.com

]]> By: John R http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82090 John R Sat, 24 Mar 2007 13:01:52 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82090 I am 58 years old and have been working since college. I have looked at the different get rich schemes over the years and have determined that they work well for the guy who figures it out in the first place. Ultimately you are responsible for your problems, which is simple enough, only we today are looking for someone to blame. If you have goals to follow, written, printed, framed or planted in your mind, this is your road map. My main goal has been my family. Provide for them, watch them grow into good people, and enjoy life. Now it has become think and grow rich as Napleon Hill quoted, not get rich quick. Find something you enjoy personally and develop that into a fun business. Develop your goals as you go and don't hestate to revise your direction. Stay flexible and enjoy. You only have one life to live so live it. I am 58 years old and have been working since college. I have looked at the different get rich schemes over the years and have determined that they work well for the guy who figures it out in the first place. Ultimately you are responsible for your problems, which is simple enough, only we today are looking for someone to blame. If you have goals to follow, written, printed, framed or planted in your mind, this is your road map. My main goal has been my family. Provide for them, watch them grow into good people, and enjoy life. Now it has become think and grow rich as Napleon Hill quoted, not get rich quick. Find something you enjoy personally and develop that into a fun business. Develop your goals as you go and don’t hestate to revise your direction. Stay flexible and enjoy. You only have one life to live so live it.

]]> By: Greg C. http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82082 Greg C. Sat, 24 Mar 2007 05:42:35 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82082 Russ Whitney reminds me of the Burger King King. Russ Whitney reminds me of the Burger King King.

]]> By: badger10 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82079 badger10 Sat, 24 Mar 2007 03:16:52 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82079 1% of the population owns 50% of the stock assets in the United States. I often wonder if it is a good idea to convince people that they should be in the market. For beginners, I would suggest putting money into mutual funds with low fees because professionl fund managers will then make all the stock picks and decisions. It is hard enough just getting ourselves to invest some money each month. Beginners shouldn't be encourged to play the stock buying and selling game. 1% of the population owns 50% of the stock assets in the United States. I often wonder if it is a good idea to convince people that they should be in the market.

For beginners, I would suggest putting money into mutual funds with low fees because professionl fund managers will then make all the stock picks and decisions.

It is hard enough just getting ourselves to invest some money each month. Beginners shouldn’t be encourged to play the stock buying and selling game.

]]> By: Kev K http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82068 Kev K Fri, 23 Mar 2007 23:44:33 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82068 If you don't know where you want to go or how you are going to get there, you never know where you might end up. I think we need to constantly remind ourselves of this. If you don’t know where you want to go or how you are going to get there, you never know where you might end up. I think we need to constantly remind ourselves of this.

]]> By: finance girl http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82067 finance girl Fri, 23 Mar 2007 23:05:28 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82067 Could.not.agree.more. It's so sad to see who goes to the financial/realestate/scam seminars, I am very much against them. First, they create cult of personality, second, they cost tons of money, third, nothing is learned that cannot be learned by disciplined research and studying, and fourth, they can do real damage (such as RK's boy CS). Could.not.agree.more. It’s so sad to see who goes to the financial/realestate/scam seminars, I am very much against them. First, they create cult of personality, second, they cost tons of money, third, nothing is learned that cannot be learned by disciplined research and studying, and fourth, they can do real damage (such as RK’s boy CS).

]]> By: pfodyssey http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82064 pfodyssey Fri, 23 Mar 2007 21:54:49 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82064 Unfortunately, this theme is a common one. I don't know if I always "knew" that the "well-worn paths" were the way to accumulate wealth. However, since I was part of the "rat race" and apparently not creative or daring enough to start a business, etc...they seemed the reasonable way for me to go in order to achieve my goals. What I struggle with these days is whether or not I can challenge myself to do better...but not through "get rich quick" methods, but rather by overcoming the inertia to just "stay the course" as I have been. Basically, this means being less lazy and I believe that is the missing piece of the puzzle for many of these people. I often find these kinds of people have "plans" and "goals", but not the "will" to do what is needed to realize them. This is where I have much in common with them in that I too am lazy and am lack "will"...but perhaps just a bit less so. Unfortunately, this theme is a common one. I don’t know if I always “knew” that the “well-worn paths” were the way to accumulate wealth. However, since I was part of the “rat race” and apparently not creative or daring enough to start a business, etc…they seemed the reasonable way for me to go in order to achieve my goals.

What I struggle with these days is whether or not I can challenge myself to do better…but not through “get rich quick” methods, but rather by overcoming the inertia to just “stay the course” as I have been.

Basically, this means being less lazy and I believe that is the missing piece of the puzzle for many of these people. I often find these kinds of people have “plans” and “goals”, but not the “will” to do what is needed to realize them.

This is where I have much in common with them in that I too am lazy and am lack “will”…but perhaps just a bit less so.

]]> By: Kevin M http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82057 Kevin M Fri, 23 Mar 2007 19:27:03 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82057 Great article. There are two parts to this -- setting the goal and then sticking to the goal. Getting started does you know good if you never finish. JD, ever thought about doing a book like Ramit? Great article. There are two parts to this — setting the goal and then sticking to the goal. Getting started does you know good if you never finish.

JD, ever thought about doing a book like Ramit?

]]> By: Adam http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82054 Adam Fri, 23 Mar 2007 18:36:58 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82054 I think maybe some princes of Saudi Arabia might have something to say about being the richest men in the world. They don't show up in Forbes, but more than likely have more wealth than Bill Gates. I think maybe some princes of Saudi Arabia might have something to say about being the richest men in the world. They don’t show up in Forbes, but more than likely have more wealth than Bill Gates.

]]> By: JenChi http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82051 JenChi Fri, 23 Mar 2007 17:50:29 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82051 I think a lot of people miss out on getting things they want, or becoming who they want to be because it's uncomfortable dealing with change...and actively pursueing change, oh god! I think a lot of people miss out on getting things they want, or becoming who they want to be because it’s uncomfortable dealing with change…and actively pursueing change, oh god!

]]> By: J.D. http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82049 J.D. Fri, 23 Mar 2007 17:44:37 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82049 <i>With site’s like this and Ramit’s on the web, it always blows me away to hear about people with massive amounts of CC debt.</i> It doesn't amaze me, but that's probaby because I used to be one of those people. It starts simply enough. You tell yourself that you can afford a treat, that you deserve it, that it's not that expensive. That feels good, and doesn't seem to cost anything, so you do it again. And again. And again. Soon you're into the guilt stage, and that creates its own vicious cycle of spending. Then comes the oppressive weight of the life you've built. It sucks. But these things happen because people don't have goals. When you have goals, it's easier to catch yourself when you're doing something stupid. The stupid stuff doesn't mesh well with the goals, and so it's clear that you're doing something wrong... With site’s like this and Ramit’s on the web, it always blows me away to hear about people with massive amounts of CC debt.

It doesn’t amaze me, but that’s probaby because I used to be one of those people. It starts simply enough. You tell yourself that you can afford a treat, that you deserve it, that it’s not that expensive. That feels good, and doesn’t seem to cost anything, so you do it again. And again. And again.

Soon you’re into the guilt stage, and that creates its own vicious cycle of spending. Then comes the oppressive weight of the life you’ve built. It sucks.

But these things happen because people don’t have goals. When you have goals, it’s easier to catch yourself when you’re doing something stupid. The stupid stuff doesn’t mesh well with the goals, and so it’s clear that you’re doing something wrong…

]]> By: Starving Artist http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82048 Starving Artist Fri, 23 Mar 2007 17:24:40 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82048 Great article! I see so many people in my family trying to 'get rich quick' and it makes me sad. My dad got stuck in the mindset for years and really kind of scared our family. He'd lost a lot of his retirement due to my mother's long, drawn out battle with illness, and he thrashed around trying to get it back quickly. Thank God he's at heart a practical person, and most of his schemes stayed at the scheme stage. Great article! I see so many people in my family trying to ‘get rich quick’ and it makes me sad. My dad got stuck in the mindset for years and really kind of scared our family. He’d lost a lot of his retirement due to my mother’s long, drawn out battle with illness, and he thrashed around trying to get it back quickly. Thank God he’s at heart a practical person, and most of his schemes stayed at the scheme stage.

]]> By: Wesley http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82047 Wesley Fri, 23 Mar 2007 17:19:10 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82047 Definitely an interesting story. It amazes me that so many people paid that much money to listen to a short speech about real estate. Heck, down south, you can get a semester at a small college for that much money! But, I guess those folks were looking for quick answers. It's just sad. With site's like this and Ramit's on the web, it always blows me away to hear about people with massive amounts of CC debt. Hearing their stories always bums me out, but then to hear that their problems were compounded by some scam...ouch. Definitely an interesting story. It amazes me that so many people paid that much money to listen to a short speech about real estate. Heck, down south, you can get a semester at a small college for that much money! But, I guess those folks were looking for quick answers. It’s just sad.

With site’s like this and Ramit’s on the web, it always blows me away to hear about people with massive amounts of CC debt. Hearing their stories always bums me out, but then to hear that their problems were compounded by some scam…ouch.

]]> By: Elissa http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82041 Elissa Fri, 23 Mar 2007 16:50:29 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82041 I think one of the big reasons why people always try to find the "short-cut route" to getting rich is because they think that's how people like Bill Gates did it. When in actuality they have NO IDEA how Bill Gates got to where he is now. They have no idea about the history between Bill Gates (Microsoft) and Steve Jobs (Apple). They have no idea about the backstory, and most people don't care to learn about the backstory because they can't comprehend the idea of "learning from the past." (But if you do want to know I recommend watching Pirates of Silicon Valley) Everything today is "fast" and "now" and "immediate" and while that's all well and good, people forget that there was a time before "now" and it holds a wealth of information if you just stop and think about it for a minute. I think one of the big reasons why people always try to find the “short-cut route” to getting rich is because they think that’s how people like Bill Gates did it. When in actuality they have NO IDEA how Bill Gates got to where he is now. They have no idea about the history between Bill Gates (Microsoft) and Steve Jobs (Apple). They have no idea about the backstory, and most people don’t care to learn about the backstory because they can’t comprehend the idea of “learning from the past.”
(But if you do want to know I recommend watching Pirates of Silicon Valley)

Everything today is “fast” and “now” and “immediate” and while that’s all well and good, people forget that there was a time before “now” and it holds a wealth of information if you just stop and think about it for a minute.

]]> By: Dan http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82039 Dan Fri, 23 Mar 2007 16:39:13 +0000 http://www.getrichslowly.org/blog/2007/03/23/the-road-to-wealth-is-paved-with-goals/#comment-82039 Progress has little to do with speed, but much to do with direction. As only he could have said it... "You've got to be very careful if you don't know where you are going, because you might not get there." -Yogi Berra Progress has little to do with speed, but much to do with direction.

As only he could have said it…

“You’ve got to be very careful if you don’t know where you are going, because you might not get there.”
-Yogi Berra

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