mind I know that I will be able to overcome the financial trials of my past in

Mind i know that i will be able to overcome the

This preview shows page 6 - 8 out of 10 pages.

mind, I know that I will be able to overcome the financial trials of my past in order to accomplish this goal.The steps to accomplishing this goal include putting x amount of dollars in my savings each month, putting x amount in my daughter’s savings each month, and contributing x percentage into my 401(k) each month. I have discovered a number of tools and strategies that can help me to accomplish these steps. I use an spreadsheet document to put in the amount of money I am contributing each month and am always looking into the future to see what I would end up with if I continued at this pace. Every time I get a raise, I allocate more to each of these expenses in order to keep increasing their value. In addition, the Human Resources staff at my work are always helpful in planning for retirement, therefore they are a good resource to utilize for accomplishing this goal.I can utilize technology to promote completion of this goal by continually working on my spreadsheet to ensure that I am saving enough money for retirement. Also, since I plan to continue working at an electric cooperative, I can utilize cooperative.com. This is a website that 6
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PROFESSIONAL DEVELOPMENT PLANserves employees and directors of America's electric cooperatives. You can check your 401(k) balance and move your funds to different types of investment opportunities (National Rural Electric Cooperative Association, 2017). This is a great resource for all cooperative employees and is extremely helpful in achieving financial independence.Boss (2017) described that the most important reason why goals work is because they build character. Building this goal was difficult for me, because of the personal nature for aspiring to achieve it. This goal will have a number of timelines for accomplishment, as it is truly a multi-faceted goal. Through each step, I will continue to grow as a person. My true deadline for this goal is to have enough money to retire at age 60, keeping in mind potential health-care expenses, as well as my desire to travel throughout retirement. There is no certain numerical value that I wish to place on this goal, only my ability to ‘feel’ financially stable throughout life.Goal 3: Teach Doctoral Courses in Business AdministrationMy third goal is probably the most tangible, meaning that I am able to accomplish it in a certain time frame, as well as set more specific parameters. A good leader must be able to motive others to achieve their full potential (Casse, 2014). I aspire to be able to teach doctoral courses in business administration in order to help others who are experiencing the same things that I will have gone through. I am excited about the opportunity to help others learn more about themselves and their true potential.
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