It’s Tuesday and today on MYM360, I have a question. And my question is this… Do Your Actions Match Your Intentions? There is a saying that goes – the road to you know where is paved with good intentions meaning that your intentions may be good but in the end intentions alone won’t get you to where you want to go – it also takes action.
When I first started this podcast, the idea was that it would serve as a quick reminder to mind your money each day and that has worked for some but life happens and when life happens, it’s easy to forget. It only takes a moment of forgetfulness to literally put you in a world of hurt. Trust me, I have been there and I have the t-shirts to prove it. So, I have a proposal for you and that is to create an intention statement – one that you can pull out and look at at any time. And I think it would be a great idea to put a copy in the same place where you keep your credit cards so you can’t help but see it each time you reach for them. Another great spot is on your bathroom mirror and next to your bed so you can see it first thing in the morning and each evening before you go to bed. The idea is to make it a part of your daily life and hopefully your actions will automatically match your intentions without even looking at it.
So what should you include in your personal intention statement? Well, here are five questions to ask yourself and your answers will form your intention statement:
- What is the most important goal you want to accomplish over the next 90 days? I used to make this a year, but I now find that it is so much easier to achieve targets with a shorter timeframe. As you get better at this you can increase the timeframe if you like. Also, remember these should be real goals – specific, measurable, etc. so you know exactly what you are aiming for such as saving $300 or starting a get out of debt plan, etc.
- How will you feel when you accomplish this? Just write one or two words like proud or ecstatic.
- What impact will achieving this goal have on your, your family, your career, your business, your health, etc.
- What is the #1 action step you need to take to create favorable conditions for this to happen?
- What is the #2 action step you need to take that you are struggling with the discipline to do? So if I want to save $300 over the next 90 days, setting up a savings account might be the first action step but step #2 – finding the money may be a lot more difficult because I may have to cut some things out in order to do that.
Once you answer all the questions, put your answers on cards and place them strategically so you can see them every day. See all of these questions and download a fill in the blank worksheet in the resources section of Episode 742 at www.mym360.com.
And that’s it for today. Got a burning question? Send it to me at firstname.lastname@example.org and don’t forget to follow me on Twitter @PatStallworth
Thanks for listening and as always remember that minding your money really is the path to a richer life!