Accomplishing large goals, such as saving for a vacation or getting a promotion at work, takes time, but breaking your goal up into smaller steps can make it easier to achieve. For long-term goals, consider creating a five-year plan to help you take smaller, more manageable steps.
Whether you’re thinking about changing your career or making another big decision, you should do as much research as possible. For example, if you want to find a different job, you should find out the average salary in your area, the training required, and how much experience you need. You can also do your best to impress your current boss to get a good recommendation.
When you decide to make a large purchase like a car, start saving for the down payment. A larger down payment will help you save money on interest and reduce the loan amount you need. You should also pay off credit cards, student loans, and other debts as soon as possible. That way, you can keep your credit score high and avoid paying off a higher interest rate.
When you’re ready to outline your five-year plan, try using a task management system, like Trello, to stay organized. List all of your smaller goals and include the amount of time you think it will take to complete them and any resources you need. When you achieve a goal, mark it off your list, which can help you stay motivated. If you plan on buying a house any time soon, speak with your loan officer before changing jobs or making any large purchases.
Source: Medium, A Beautiful Mess, SmartAsset.com, Billfixer.com
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