Determine a re-evaluation schedule: Periodic
progress assessments are central to your success. You can safeguard against this trap by opening a separate bank account for your investment funds. . Most people end up with no retirement because they fail to set goals. Example: I will achieve Milestone 1 by
investing in real estate and using my current net cash flow and two hours a day in pursuit of my investments. 2. Use a conservative estimate at this stage, but revise it after you have completed your first real estate investment project and updated your
personal financial statement. Break down the financial goal into manageable milestones: Whether you need $10,000 or $500,000 to become financially free, you need to set milestones to help you manage your progress. We have developed a six-step financial goal-setting process. Determine a
reasonable time frame for each milestone: The rate at which investors are able to achieve their financial goals varies. We recommend that you use 20 percent of your goal as an appropriate milestone. Be disciplined and patient; your reward will be financial freedom. 5. Goal
setting is challenging for many, but we have a six step success strategy to setting up and accomplishing your goals. New investors have the tendency to spend their newly earned cash flow by increasing or adding new expenses to their ideal budget.
