TLDR: The article suggests that instead of focusing solely on financial goals, individuals should consider shifting their focus to bigger-picture aspirations and long-term habit-forming activities. It explores the idea that setting financial goals without understanding the broader implications can lead to myopia and a loss of sight of one’s broader aspirations. The article recommends aligning values with life aspirations and envisioning the ultimate aspiration first, which will then inform the specific goals to pursue. Furthermore, the article highlights the importance of habits in achieving goals and suggests automating desired behaviors, such as savings and bill pay, to turn them into default actions. By focusing on habits rather than goals, individuals can create small, manageable steps towards achieving their aspirations. The article concludes by emphasizing the need to align one’s lifestyle and community with long-term financial aspirations in order to build positive financial habits that resonate with one’s desired outcomes.
2024: Abandon goals, chase dreams, build better habits for success.
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