How to Make REAL Income Goals

Looking back to where I started in May until now I see dramatic changes. Not only in income, but in my life in general.

In fact, I have learned more in the past 3 months than I did in the 2 years I went to college. Go figure?

I was able to pay off a decent amount of debt, not as much as I would have liked, but at least I made some progress.

I really want to pay off the rest of my debt completely in 2008. I am still sticking to my April 2009 goal (exactly 24 months from the time I started my blog). However, I secretly want to see if I can do it faster.

I want to streamline my business in the coming year to give me more time to spend with my family and doing the things I am really passionate about.

A book that really struck a chord with me was 4 Hour Work Week.

It taught me that a certain dollar amount of money should not be a goal. (Example: I want to make a million dollars.)

Instead you should make a goal of what you want to do with your life, what you want to accomplish. Then you look back and determine what income you need to meet your goal.

So according to that here are my goals:

My immediate goal would be to get out of debt and live simply. Make enough money from my online ventures to pay my bills and have enough left over to help others.

I want to free up my time to be able to serve more volunteer hours for my church and organizing service projects.

I also would like the time and resources to help the Constitution Party (yes, I am a Constitutionalist) and the Natural Solutions Foundation.

I would like to put my kids in a private Christian school because I am not big fan of the public school system.

I also plan to save up for a home. The homes in the area we like are in the range of $250k.

I would never want to buy a mercedes or any other expensive car. I am not even the type that would wear “designer” clothes. It just isn’t my personality. Sure, I like to look nice, but Target is good enough for me.

So instead of thinking, I want to to make such and such amount each month. Determine what you really need to meet your goals and live the life that makes you truly happy. Then you can determine what you need to do to get yourself there.

When we really know what we are striving for it helps put everything into the right perspective.