First, know what you want to achieve. Write them down. Some of the more common goals include sending children to college, buying a brand new car, preparing for a vacation getaway and retirement planning.
Second, breakdown the goals according to their priorities. Goals achievable within a shorter period, say three years, should gain more of your attention than those achievable within longer periods. Make concrete steps to achieve the goals.
Third, make some effort to be informed and educated. Read books and literature about investing and finance. Visit websites devoted to money and wealth.
Lastly, make a regular evaluation of your progress. Determine the effectiveness of your plans of action. Make the necessary adjustments as soon as you find out that your goals seem unachievable within the time frame you have set.
Setting your financial goals can provide you with clear directions on your way to financial security.