Also, before I start discussing this technique, you need to realize that this is not a one-time exercise. We need to record our goals onto a document. Our thoughts and desires now become a living document. Every three months, I suggest reevaluating the document and do this exercise again. And ask these questions, “Did I meet my goals?”
“Do I have new desires?”
“Are the goals I thought to be once important, not in line with my ultimate goal now?” The a https://npfinancials.com.au/ technique I use to set my goals is the Must Haves, Whys, and Hows (MWH) Analysis. For the purpose of doing this exercise, download this worksheet: http://www.at-home-incomes.com/downloads/MWH_Worksheet.doc.
When the worksheet is opened, there are two sections: MWH analysis and Setting Date-Specific Goals. Lets look at the MWH analysis page.
This page has the template that we will follow to gather our thoughts, hopes, and desires. You will notice that there are multiple occurrences of these lines:
Must Have:
Why:
How:
This is where we will start the process of writing down our information. So let’s start with the Must Haves.
Must Haves: This is where you write down your desires and wants. Think about what is important. Think about those crazy items everyone dreams of owning (expensive cars, big houses, jewelry, etc). Maybe you only want to provide a better life for your family. Maybe spending more time with your family is important. Maybe you want to travel. From the Must Haves, you start to develop your goals.
Whys: Now look at each Must Have and decide why you n