Financial Goals Archives - Dr. Budgets https://drbudgets.com/category/financial-goals/ Spend Wisely. Live Wealthy.™ Thu, 25 Feb 2021 21:27:43 +0000 en-US hourly 1 https://drbudgets.com/wp-content/uploads/2016/01/cropped-DR_Budgets_Logo_R_Final_xs4-32x32.png Financial Goals Archives - Dr. Budgets https://drbudgets.com/category/financial-goals/ 32 32 Goal Planning for Real Life https://drbudgets.com/goal-planning-for-real-life/?utm_source=rss&utm_medium=rss&utm_campaign=goal-planning-for-real-life Thu, 17 Dec 2020 21:24:35 +0000 https://drbudgets.com/?p=1664 Goal planning can be tricky. I think most of us set goals based on past experience. But the most inspirational goals come from envisioning a better future that looks and feels different than our past. Stephen Covey explained this concept in his book “The 7 Habits of Highly Effective People” with Habit 2: Begin With the End in Mind. He states that this habit is based on “the ability to envision in your mind what […]

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]]> 5 Reasons NOT to Hire a Money Coach https://drbudgets.com/5-reasons-not-to-hire-a-money-coach/?utm_source=rss&utm_medium=rss&utm_campaign=5-reasons-not-to-hire-a-money-coach Thu, 16 Jan 2020 16:27:25 +0000 https://drbudgets.com/?p=1530 Many people who approach us can benefit greatly by hiring a money coach. Some, however, need to work with a different professional. The following are 5 reasons NOT to hire a money coach. Investment or Retirement Advice If you need guidance with your investments or retirement plan (i.e. your 401(k) plan) then a money coach is not going to be the best fit for you. A better resource is a financial advisor or a Certified […]

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]]> 3 Reasons to Contribute the Maximum Match to Your 401(k) https://drbudgets.com/3-reasons-to-contribute-the-maximum-match-to-your-401k/?utm_source=rss&utm_medium=rss&utm_campaign=3-reasons-to-contribute-the-maximum-match-to-your-401k Fri, 03 Jan 2020 17:02:47 +0000 https://drbudgets.com/?p=1521 A money coach does not give investment advice, but I thought it would be helpful to compile a list of articles that explain why you should contribute at least up to the maximum match into your 401(k) plan. Free Money: A surprising number of employees are missing out on a simple way to get “free money.” Tax Savings: Are 401(k) Contributions Tax Deductible? Automatic Savings: 3 Reasons You Need an Automatic Savings Plan

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]]> Why Savings Rate Is More Important Than Rate of Return https://drbudgets.com/why-savings-rate-is-more-important-than-rate-of-return/?utm_source=rss&utm_medium=rss&utm_campaign=why-savings-rate-is-more-important-than-rate-of-return Fri, 27 Jul 2018 19:26:06 +0000 https://drbudgets.com/?p=1255 By Daniel Rodriguez | Dr. Budgets Recently, I have been thinking about my purpose in life (my WHY). And, I have been thinking about how that WHY ties into Dr. Budgets. This year, Dr. Budgets hit a big milestone… 5 years in business. As I reflect on those 5 years and on what lies ahead for the company, I have come to realize that the reason why I started Dr. Budgets was to achieve one […]

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]]> The Secret to Achieving Goals https://drbudgets.com/secret-to-achieving-goals/?utm_source=rss&utm_medium=rss&utm_campaign=secret-to-achieving-goals Mon, 29 Jan 2018 17:20:20 +0000 https://drbudgets.com/?p=1190 By Daniel Rodriguez | Dr. Budgets Happy New Year! During this time of the year I enjoy writing about goals and budgeting (Do You Have a “Crash Budget”? Or a Healthy Spending Plan?, Why I Don’t Do Budgets) because this is the time of the year when many of us decide to start something new (or quit something!) that will improve our lives. Sometimes our goals are health-related, like exercising consistently or working out with […]

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]]> Can you Benefit from Hiring a Money Coach? https://drbudgets.com/hiring-money-coach/?utm_source=rss&utm_medium=rss&utm_campaign=hiring-money-coach Tue, 12 Sep 2017 22:38:38 +0000 https://drbudgets.com/?p=1123  

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]]> Why Rewards Are Critical to Achieving Your Goals https://drbudgets.com/why-rewards-are-critical-to-achieving-your-goals/?utm_source=rss&utm_medium=rss&utm_campaign=why-rewards-are-critical-to-achieving-your-goals Sat, 09 Jan 2016 19:41:10 +0000 https://drbudgets.com/?p=712 By Daniel Rodriguez | Dr. Budgets Rewarding myself when I reach my goals hasn’t been my strength in the past. As soon as I achieved my goal I would set a new goal, without acknowledging my efforts for reaching my original goal. Unfortunately, this created a cycle of “striving, but not arriving,” which made it very difficult to sustain my motivation over the long run. This is why I believe that rewards are critical to […]

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]]> 7 Steps to Achieving Your Financial Goals This Year https://drbudgets.com/7-steps-to-achieving-your-financial-goals/?utm_source=rss&utm_medium=rss&utm_campaign=7-steps-to-achieving-your-financial-goals Sat, 02 Jan 2016 17:29:05 +0000 https://drbudgets.com/?p=708 By Daniel Rodriguez | Dr. Budgets Happy New Year! Another year has come and gone, and last year’s goals are now in the history books. So how did you do? If you want some guidance in achieving your financial goals this year, then read on! Below I have compiled 7 steps to achieving your financial goals this year. I wish you much success in the new year! 1) Be SMART.   No, I’m not talking about […]

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]]> How Strong Is Your WHY? 10 Ways to Save $10K https://drbudgets.com/video-how-strong-is-your-why-10-ways-to-save-10k/?utm_source=rss&utm_medium=rss&utm_campaign=video-how-strong-is-your-why-10-ways-to-save-10k Mon, 24 Aug 2015 14:52:25 +0000 https://drbudgets.com/?p=634  

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]]> 9 Great Books for Your Summer Reading List https://drbudgets.com/summer-reading-list/?utm_source=rss&utm_medium=rss&utm_campaign=summer-reading-list Mon, 03 Aug 2015 03:05:54 +0000 https://drbudgets.com/?p=601 By Daniel Rodriguez | Dr. Budgets This month I wanted to share with you nine of my favorite books just in case you are looking for a good book to add to your summer reading list. They are mostly financial books (of course!), but some are not. What are your favorite financial books? Please let me know in the comments section below.   1) The Richest Man in Babylon A quick read about simple yet powerful financial lessons […]

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