BENEFITS OF INVESTING IN LONG TERMS GOAL.

In your life, you go from one goal to another. You want a raise, a promotion, a new job, a partner, a bag, a car, and so on. Often, these are the short-term goals that guide how you move from one to another.

Sometimes, these short-term goals can make you lose your way.

On the short-term, you might focus on many things. There are issues and problems to be solved, ways to improve your lives, experiences, and purchases you crave. This is fine.

But if you lose sight of your long-term goals, you might eventually get to a point where the truly important things have been left by the wayside.

Many people suddenly look back and realize that they have not accomplished what they truly wanted. It's not that they accomplished nothing. It's that they became so caught up in the pursuit of the current goal that they lost sight of what matters.

So, what is your long-term goal? What do you want to achieve?

You might want a family or a career or financial stability or anything else. There are no wrong or right goals, just what matters to you. Consider what is the single most important priority in your life and phrase it as a long-term goal.

Once you have it, ask yourself whether your short-term goals are aligned with it. For example, if you want to buy a house, short-term goals of buying expensive clothes are not aligned. They are contradictory or neutral, but do you have goals that align with your long-term objective?

Of course, not 100% of our short-term goals will be in line with the big one. Even if you want to start a business, for example, you still need to pay the basic bills.

However, if we have no short-term goals that allow us to reach the long-term one, how will it ever get done?

Your long-term goal is your guiding light. You can use it to set better short-term objectives for yourself. Move towards that light without stopping, and before you know it, it will be within your reach.

Every individual has financial goals that he needs to reach in the short, medium or long term period. Investing regularly to be able to reach the respective financial goal is called goal-based investing. For example, if you plan to buy a car, it can be called a short-term goal. You can also target a lump sum wealth till certain age as your goal.

Do you see your work as your purpose in life? Are you earning money by completing tasks that are worthwhile and inspired? If not, it might be time for a change.

Instead of spending the majority of your working day staring at the clock, counting down the minutes until you can go home, think about what you're passionate about in life.

While not everyone can do work that they love, everyone can do work that they're interested in and motivated to complete. You should think about your passions, your skills, and your interests and seek to find work that you're motivated to complete.

Although it seems daunting, you'll find that once you're doing something that inspires you, your productivity will soar. You will no longer see work as something cumbersome and laborious but as engaging and worthwhile.

The trick to finding work that you find worthwhile is not looking outward but looking inward. Society can't dictate to you what you should be doing to earn money; you have to do that yourself.




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