“The trouble with not having a goal is that you can spend your life running up and down the field and never score.” - Bill Copeland
“You need a plan to build a house. To build a life, it is even more important to have a plan or goal.” - Zig Ziglar
Do you set financial goals for yourself? What are your goals for the next 1 year? How about 3 years from now? 5 years? 10 years? What are your aspirations and financial responsibilities in life?
Goal Planning is the first step in successful goal achievement. It marks your first point toward success. It’s when you switch from a passive state to being involved in life.
When you set goals, you think ahead, after which you can create your action plan. Even if things don’t go according to plan, that’s okay as you can review, adjust your plans, and then steer your life toward your vision.
Once you know your financial standing, the next logical step is goal setting to remedy the weak spots in your financial health. The long journey of goal planning starts with a step. The first step is to identify your goals. The next would be to break these goals down into measurable goals- short term (less than 1 year), medium term (1 to 3 years) and long term (5 years and more).
VittMantri can help you to increase your net worth by making the right investments. Lastly, your financial progress has to be evaluated at regular intervals- semi-annually or anually. This is imperative so that you know that you are steadily on the way to achieving your goals step by step.
Now that all things are created twice: first in the mind, then in the physical world. The mental creation happens when you set your goals. The physical creation happens when you work on your goal and bring it to life. Without mental creation, physical creation can’t happen. When you set goals, you kick off the very first step to make your dreams happen, after which the next steps will follow suit.
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Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments.
AMFI Registered Mutual Fund Distributor – ARN-165293 | Date of initial registration – 13-Aug-2019 | Current validity of ARN – 12-Aug-2025
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