Financial education

How to create a good financial goal in 2021?

Do you know how to create a good financial goal in 2021? So keep an eye out and we'll teach you step by step! Read on!

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What are your financial goals?

Como criar uma boa meta financeira em 2021? Imagem: rodobens
How to create a good financial goal in 2021? Image: rodobens

Initially, establishing a financial goal is one of the first steps in search of a good financial organization, because, in this way, it is possible to achieve economic independence through the definition of clear and consistent objectives!

So, do you know how to organize a financial goal? Today, we will show you the step-by-step guide to achieving independence in 2021!

Why should we have goals and a financial organization?

Como criar uma boa meta financeira em 2021? Imagem: banco bv
How to create a good financial goal in 2021? Image: bv bank

So, it is important to have goals and financial organization to have clear objectives of where you want to go in the short, medium and long term!

In this sense, the goals will serve as a step-by-step guide for you to achieve the results you want, hence the importance of being specific with deadlines and parameters.

Therefore, to have a healthy financial life you need to set goals to be able to organize yourself!

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What are financial goals?

Well, financial goals are basically the steps you take to achieve greater results. For example, you want to get married.

In this, the objective is marriage and the goals are the steps necessary to get there, such as the engagement, the wedding party, the purchase or rent of the couple's home, among others.

Therefore, the goals need to be very specific so that the results can be achieved and they can be short, medium and long term.

Being short-term, those that must be achieved within a period of up to 1 year, which can be for urgent cases or to prepare for larger objectives.

On the other hand, in the medium term, they must be completed in a maximum of two years, for example, home renovation, wedding, travel.

On the other hand, long-term goals are the goals that take longer to achieve, around 5 years at least.

Therefore, financial goals act as a kind of ladder so that you can achieve your goals!

How to make a good financial goal?

So, to set a good financial goal, you need to clearly know the current scenario you are in, your current and future projects, values and where you want to go, what results you want to achieve in the short, medium and long term!

Then, just follow the right steps to create a good financial goal, as we will show below.

Step by step to create a good financial goal

Como criar uma boa meta financeira em 2021? Imagem: vecteezy
How to create a good financial goal in 2021? Image: vecteezy

Check out this step-by-step guide to learn how to create your own goals!

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Determine your goals

So, first of all, know clearly what you want to achieve.

This is because, if your goal is to go on an exchange, your financial goal will be to raise money to stay in another country and, therefore, your first step is to define your objective and how long you intend to achieve it!

Identify steps

Next, you need to identify the steps that will be part of the path taken.

In this, the steps can be bigger or smaller to achieve the results, and these bigger or smaller steps are the goals we mentioned earlier. After that, you will be ready to move on to the third step of our walkthrough!

Be realistic

Don't create a financial goal that you know you won't be able to achieve, or that you'll have to basically “kill yourself” to achieve.

For example, “I will be able to triple my current budget within 3 months.” Of course, you can triple your budget in 3 months, however, several variables will present themselves along the way and can take you out of focus!

Therefore, choose realistic goals, because if you achieve them in less time, it will be a great advantage for your budget!

Get organized

After organizing the objectives, the financial goal with the respective deadlines, you will now move on to practice and organize your planning in a spreadsheet that can be digital or physical.

This is because, through the spreadsheet you will be able to better visualize your goals and how you will achieve them.

Track your performance

Finally, monitoring the performance of a financial goal throughout the day is a super important step so that you know how it is progressing over time.

This is because, this way you will be able to know if you are making a mistake or getting it right and also where you are going wrong and where you are getting it right!

Therefore, be sure to monitor your performance in organizing your financial goals! And if you want to read a little more about the subject, below is some recommended content:

Is it worth opening a savings account?

Opening a savings account can bring security, but it is no longer so advantageous in terms of income. So is it worth it? Check it out here!

About the author  /  Joyce Viana

Graduated in Law from PUC Minas. Post Graduated in Criminal Law and Criminal Procedure by Faculdade Legale. She produces content for different niches, from recipes and finance to beauty and health. Since he was a child, he made writing his best friend, and he never stopped!

Reviewed by  /  Junior Aguiar

Senior Editor

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