LEONOR HERRERA

Here's a clear truth about money: while accidental successes can happen, intentional success is more likely when you plan for it by setting and sticking to money goals. If you want to thrive financially, creating a plan, tracking progress, reviewing, adjusting, and moving forward will put you on the path to success far more effectively than waiting for luck to strike.

Your Goals Should Be:

Long-Term - Some goals might take a year or more to achieve. For instance, you might plan to pay off a business loan over five years.

Medium-Term - These are goals within a shorter period, like quarterly planning for website content or launching a new product every month.

Short-Term - What steps can you take today to earn money? Keep track daily to know if your plans are working.

Separate - Distinguish between business and personal goals to remain objective. Paying yourself a salary can help separate the two.

Tracking is essential because it lets you test your assumptions and ...