For me they do, it may seem like fiction and fantasy, but it does help. So, let me be happy in my delusion, for I need it, if only for now.
I am in a tenuous position, and I feel like I am standing here with my hiney hanging out.
I have nowhere near my two years of living expenses that I want to have between my Mid-Term and Long-Term Accounts.
That always makes me very nervous whenever I look at their account balances. Why?
Well, let’s just say that life and history has taught me never to rely on anyone or anything that is outside of my control (including any and all social programs).
So, I draw comfort knowing that if all goes according to plan, I should have that Milestone Goal Target Amount in the bank before the end of this year.
As I have said before, large goals are Crossroads Goals, because when you achieve them, your life is at a crossroads.
A good example of a Crossroads Goal is becoming totally debt free.
Another is my current Crossroads Goal of saving up my Target Amount before Total Freedom Day (sometime in 2022, currently pencilled in for April 7, 2022)
A Milestone Goal is a goal that you achieve on the road towards your Crossroads Goal. They mark your progress, yet they are not a destination in and of themselves.
An example of a Milestone Goal is me putting two years of living expenses in my Mid-Term/Long-Term Accounts.
It is these smaller goals that help me stay motivated on the road to the longer and larger Crossroads Goal.
So, my other Milestone Goals shall be each increment of 5% of my overall savings target.
Again, it may be a mind game, but it is one that I need, to stay motivated and on track.
As always: Keep your head up, your attitude positive, and keep moving forward!