MOSAIC FI
  • Home
  • How We Help
    • Investment Management
    • Financial Planning
    • Divorce Planning
    • Retirement Planning
    • Elder care planning
    • FAQ's
  • Our Team
  • My Mosaic
  • Resources
    • Reference Guide
    • Insights
    • Events
    • Newsletters
  • Jenifer's Blog
  • Contact
  • Think Differently

Goals vs Direction

8/12/2022

0 Comments

 
Picture
​It is ok to not have all the answers. Sometimes just starting the journey is enough to get you to the next place. What is important is to have a sense of direction.
​In financial planning we talk about goals.  A lot.  Goals provide a framework for discussions relating to opportunities, options, and strategy.  For instance, retirement in 5 years may be a goal.  Is it necessary to know exactly where you will live, how you will live, and what you will be doing?  Not really.  It is okay to just have a sense of direction, knowing it can or will change. Maybe you retire in 7 years or in two years. 

In business, we talk about goals.  Maybe their revenue goals, sales goals, operational goals, or customer satisfaction goals.  Is it useful?  Maybe.  It could be one way to determine compensation or another way to measure success or failure.   For many businesses, (like personal goals), it is arbitrary. 

Many people are turned off by goals.  Others may not have specific goals and think that planning will not be very useful unless they have goals.  Some may feel that goals are an artificial means of outwitting the universe. 

Whatever your belief, what is important is to have a sense of direction.  What happens along the way is what keeps you moving.  How you experience your journey may fuel your sense of purpose, may provide clarity, or may not even seem to be useful in that moment.  You have heard the expression “people plan, G-d laughs”.  Things will happen that reinforce your direction or incent you to try a new direction altogether.   

Today I counseled a young person who just graduated from college.  He was looking for his first job and his area of interest included financial planning and insurance.  He asked me, knowing what I now know, would I have done anything differently.  Great question, and one for which I did not have an immediate answer.  Back then I did not know what I didn’t know and made decisions based on what I did know, which wasn’t much.  However, I made sure I learned new things that allowed me to pivot, go deeper if I liked something, change direction if I did not, and kept learning.  I think I would do it again.  
 
What would you do?  
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Archives

    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    February 2021
    January 2021
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    June 2019

    Categories

    All
    Career
    Charitable Planning
    College Planning
    Elder Planning
    ESG Investing
    Estate Planning
    Financial Planning
    Health Care Planning
    Inflation Q & A
    Insurance
    Investing
    Market Updates
    Professional Spotlight
    Retirement Planning
    Sustainable & Impact Investing
    Tax Advantaged Savings
    Taxes

    RSS Feed

  • Home
  • How We Help
    • Investment Management
    • Financial Planning
    • Divorce Planning
    • Retirement Planning
    • Elder care planning
    • FAQ's
  • Our Team
  • My Mosaic
  • Resources
    • Reference Guide
    • Insights
    • Events
    • Newsletters
  • Jenifer's Blog
  • Contact
  • Think Differently