This might include a gym membership, hiring a meditation coach, or buying a new pair of workout shoes. Physical well-being Saving for and spending on things that enhance your physical well-being. This might include things like a ceremonial object, upgrading a prayer room, or a spiritual retreat with other people who share similar beliefs. Spiritual well-being Saving for and spending on things that support your spiritual self. This might include things like acupuncture, reiki, or a solo-cation. Emotional, spiritual, and physical wellbeing are often intertwined, and I want you to think about setting goals in this domain if it's important to you.Įmotional well-being Saving for and spending on things that enhance your emotional well-being. Saving for a specific thing Saving for things in the short and mid-term like a downpayment for a home, a set of new tires, or a refreshed wardrobe. Maximizing your retirement accounts and investing outside of them when you've maxed them out. Investment & Retirement Understanding which retirement accounts you have or should open based on your needs and ensuring that the investments within those accounts are appropriate for you. Spending less than you earn Making sure you have a cushion leftover each month so you aren't living paycheck to paycheckĭebt paydown Making additional payments toward different types of debt like medical debt, student loans, credit card debt, auto loans, or any other type of debt. Setting and maintaining a budget Finding a way to track spending in a way that you find easy to maintain. Strengthening current areas of financial understanding and expanding on your financial knowledge. Here are other domains that you can set specific financial goals in:įinancial literacy Understanding more about the ins and outs of your money.

Financial goals go beyond saving for things or debt paydown, though those can be important.

Mind lock on goal