47: Today on the show, we discuss a key strategy in making your money goals easier to achieve, faster. It's all about the FPA framework: focus, prioritize, and act.
In this episode, we cover:
- How to determine if you're making progress... or just looking busy but not actually getting anywhere
- Where most people go wrong with financial goal-setting (and how to avoid their mistakes)
- Why creating wiggle room and a buffer in your finances - with everything from your goals to your overall plan - is a critical component to success that most people skip
- How to make decision-making around spending and saving much easier
- Where our brains fail us when it comes to understanding probability (and how to plan around that shortcoming)
- The kinds of goals you may want to avoid, because they're more likely to hold you back or distract you from making real progress when it comes to building wealth
- The strategies and tips you can use to set goals that better align with your values, and are actually easier to achieve
We also share our number-one personal financial goal and priority that we set each year, and how you can accomplish it yourself if you want to work toward it with us.
