By: Sam
I have a big goal (its really my goal and not so much Mr. Sam’s but will impact him) to build my dream house in an expensive resort area several states away from where we live. This will be our...
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By: Kevin
Chett, thanks for expounding, that makes much more sense. Your initial comment belied any working knowledge regarding agricultural operations, and instead gave the impression that you were suggesting...
View ArticleBy: Debbie Lacy
Lots of good advice here on breaking the big goal down and celebrating the milestones along the way. I’d add three things for Lance: 1. Don’t knock your goal. If it’s what you truly want, then don’t...
View ArticleBy: ts
Eight years ago I set out a few goals to achieve in 5 years time. I used a ‘your 10 financial priorities’ method that suggested by the msn.com financial people. I listed out what I most wanted to...
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By: Powered by Tofu
Yes, breaking goals down into actionable items has been my biggest gain. Then, when you align your actions with your priorities, you start making progress. For example, forgoe the $200 shoes and save...
View ArticleBy: Gholmes
20+ acres is what my wife and I want, same as Lance. Key indgredient is to be patient. Pick a finance guru and follow the steps/plan. Get out of debt, Save/plan a cushion for emergency (estate plan,...
View ArticleBy: Linear Girl
@Sam – I like your approach. I like the way you’ve made a fairly nebulous long-term goal very tangible through your pictures, binder, plans, and savings account with a name. I can imagine (though you...
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By: Funny about Money
Twenty-five acres, and you plan to raise cows? What part of the country will these acres reside in? In some regions, you figure as many as 40 acres of forage per cow. Some years ago, we owned a ranch...
View ArticleBy: Rob Bennett
I think that the key here is your recommendation to “take one step at a time,” J.D. Humans cannot process huge goals. They just do not provide motivation. Huge goals are essentially daydreams. Anything...
View ArticleBy: Trendy Indy
I am on my way to pay off a huge debt now. I have to admit that sometimes I do get stressed when I look at what I want to accomplish but in a bizzare way it fuels my drive.The more I get stressed about...
View ArticleBy: Mike
My name is also Michael, and my wife also never had any long-term goals, a behavior DEFINITELY learned from her parents. Though I think she’s starting to plan a bit further out, especially since her...
View ArticleBy: Rick Francis
Why do you think it would be strange for different people to have different wants? If a farm will make you happy, go for it! I would just make sure you have enough experience with raising cows that you...
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By: Mr. Brown
Start by saving for and buying one cow. If it stinks enough (and it will!), your neighbors will pay for the farm. loading....
View ArticleBy: JB
If this were my goal, I’d start out by finding a cattle rancher/farmer in the area who is willing to take on an apprentice part-time (or full-time). In exchange for free labor for the farmer, I’d be...
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By: TosaJen
Having one goal is fine — it can help you focus your energy. DH and I just had a conversation last night about how to deal with all the goals we have at the moment. Our personal goals are simple and...
View ArticleBy: MyFinancialIndependenceCoach.com
There is some really great advice here for Lance! Thus, I’ll give a bit more general examples of setting goals and achieving them. We walk our online coaching members through a simple series of steps,...
View ArticleBy: Patrenia
Hello J.D., Great advice to Lance. I love, love, love Margo’s comment. I think I will use it. loading....
View ArticleBy: Natalie
You hit the nail on the head. People focus too much time and energy on the Big Goals and the “Big” Decisions, but in reality the big Goals are just a sum of the small decisions we make every hour of...
View ArticleBy: Edi
Lance’s question really made me think because I have been going through this too. It can be hard when you have a big goal which is not what the people around you share. For years now, my big goal has...
View ArticleBy: Dorothy
for the survey; need to include “housing coop” as a third option between rent and own; loading....
View ArticleBy: Charley
Definitely make yourself a Vision board. Just take a bulletin board and start pasting up pictures of your ideal farm, your livestock, a picture of the type of tent you’d like to camp out in etc. Make...
View ArticleBy: Karawynn
One of the best things about the Internet is the way it empowers us to connect with people like ourselves regardless of location. For many years now, every time I’ve looked for information about...
View ArticleBy: Gen
Check in with your local County Extension or USDA office. They’ll have a lot of useful information about farming in your area. They have soils maps so you can get information about the specific soils...
View ArticleBy: Kristin @ klingtocash
I agree with many of your readers who suggest breaking the goal down into smaller goals. Maybe you figure out the cost of each acre and set a goal to save for so many acres each year. That makes a...
View ArticleBy: mhb
Lots of great advice here. I just want to add my support for Lance’s goal – nothing weird about wanting some land to farm. It’s the goal my DH and I are working on, too – and we have friends/family who...
View ArticleBy: Tim
These are all great suggestions. But with all this talk of goal setting, I am surprised no one has mentioned SMART Goals. All the thoughts previously noted are implied with SMART goals. This just adds...
View ArticleBy: MyFinancialIndependenceCoach.com
Tim, that’s awesome (SMART)! Honestly, it’s been so long since I heard of, or used that handy acronym, I forgot all about it. Thanks, and great summation of so many of the good responses on goal...
View ArticleBy: Frances
Definitely look into property law/tax advantages in different states for your agricultural ideas. Vermont is a good place to start, the policies about land use are very friendly to small farms. You can...
View ArticleBy: Slinky
I like doing things like Margo does. Break it down into a fun way to track it. For my retirement savings, I track my monthly income in retirement based on a 4% withdrawal rate. I also set benchmarks...
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