Aro Accounting | Goals
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Goals

Goals

Goals notebook

Can you believe it, 1/12th of the year has already passed us by?  Blink and you’ve missed it!  As the old saying goes; the days are long, but the years are short…

With only 11/12 of the year left, what do you want to achieve in your business or personal life this year?  What are your objectives/goals/strategic priorities/whatever else you want to call them?

Here is some food for thought:
•    People with written goals are 50% more likely to achieve than people without goals
•    Only 3 out of every 100 adults write down their goals down on paper
•    Goals ‘held’ in the mind are more likely to be jumbled up with the other 1500 thoughts per minute that the average human being experiences

Why is writing down your goals so effective?  Part of it is that you begin to think through what is involved – the steps you will have to take and the sacrifices that you might need to make in order to actually achieve whatever it is that you want to achieve.  What’s more, writing down goals forces us to avoid being vague.

Now that you only have 11 months of 2017 left, what are you going to do with them?

Interest rates
There is still plenty of talk of interest rates increasing during the course of 2017.  Several banks have lifted their rates already this year and it appears likely that this trend will continue.

There are many factors at play which make it difficult to forecast how high interest rates will climb, and recent history shows economists are worse than weather forecasters at picking how things will play out, but this article might offer a little insight as to what the implications are of interest rate hikes.

If you have loans coming off fixed term over the next little while, it might pay to get in touch early with your broker or bank to investigate options around locking in rates ahead of time.

Edencitytax
melissa.tan@aroadvisers.com