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Importance of a plan.

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The Importance of a Plan

Having a plan or blueprint of what you want to achieve has been proven to dramatically increase the probability of success. Many people don’t plan to fail, but simply fail to plan.

A plan provides to with the roadmap of how you are going to get to where you want to be, or do what you would like to do.

Provides direction – a plan provides you with the ability to see where you are going, and how all the little things you may do today and tomorrow, are done because you have a clear vision of where you want to get to.

Reduces uncertainty – knowing what you are trying to achieve, and why, helps you get there. This will in turn reduce the doubt that you may not get to where you want to be.

Reduces impulse decisions – having a clear plan in your head also reduces the chance that you will make random impulse decisions that may not assist in reaching you goals. With a clear plan in your head, you may now ask the question – ‘how is this going to affect my goals’ prior to making decisions.

Allocation of resources – resources that you have at your disposal will be used to help you achieve what you had planned to. An example may be that funds may be locked away in a term deposit for a period of time, as they will be required at a later date for a purchase.

SMART – a plan will assist you to get you where you want to be, and within the plan will be goals that should be:

S                Specific

M              Measurable

A               Achievable

R               Realistic

T                Have a time frame

Do you currently have a plan in place? Or are you one of the many people who believe the world will look after them……..

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