What would you do if there were mo way you could fail? If you were 10 times smarter than the rest of the world?
But, how will we find the cost to achieve these goals?
I have read many self-help books that define goal-setting in detail. But, this process is very realistic because it includes setting an income plan that will help us achieve the goals. Throughout the chapters so far, Tim continues reiterating that 'how' it will happen is not important. So, what's important is that you set the goals and just follow the process. And I promise that filling this worksheet will help you get more clarity of the actions you would take in order to achieve them. The best part- you can modify it according to your own needs.
Let's go through Tim's process of 'Dreamlining' or Setting goals:
1. What would you do if there were no way you could fail? If you were 10 times smarter than the rest of the world?
Create two timelines- 6 months and 12 months-and lists up to five things you dream of
'Great cook' → make Christmas dinner without help
Fluent in Chinese → have a five-minute conversation
4. What are the four dreams that would change it all?
5. Determine the cost of these dreams and calculate your Target Monthly Income (TMI) for both timelines.
If financeable, what is the cost per month for each of the four dreams ( rent, mortgage, payment plan instalments, etc.)? Start thinking of income and expense in terms of monthly cash flow-dollars in and dollars out-instead of grand totals. Things often cost less than expected.
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