Cara Croxton

Where do you want to be FINANCIALLY and in LIFE in 5 years???

This is such an important question to ask yourself, but more importantly… to answer with as much CLARITY and SPECIFICITY as possible!!!
But why? 🤔
When you are crystal clear about where you want to be, you become laser-focused and make better decisions to get you there.
So, let me share with you a few of my 5 year financial goals that I am working towards:

1️⃣ Finish funding college at 75% for each of my kids.

2️⃣ Pay off our house

3️⃣ Save 60%+ of our household income for retirement (we are gradually increasing this percentage)
So, share with me some of your accomplishments that you want to achieve in the next 5 years .

We're finally starting to see the LIGHT ✨ at the end of the quarantine tunnel!!! (Well, sort of!)

Now that the world is starting to re-open I have been thinking of the changes I've made over the last couple months.

The pandemic has served as a wake up call to so many people (myself included) to make changes in their lives. Whether it be fixing their financial situation, exercising more, concentrating on their families more, focusing on work/life balance etc.

But what changes are we going to keep????

For me, I am keeping two things:

1️⃣ Making rest and fun a priority. Sometimes I get so caught up in the daily hustle that these two areas get put on the back burner.

2️⃣ Continue to make our HOUSE a HOME. For years we have been undecided about where we ultimately want to live and retire. What that has done is put house improvements and enhancements on hold. That has all changed recently by getting better clarity on what we want and, as a result, our house is becoming a more of a home.

So, tell me, what changes have you made that you are taking forward coming out of quarantine???

What was the game changer with money in your relationship?
For me and my husband, hands down, it was when we got SUPER specific about what goals we wanted for our future. Specifically, we set goals for 5 years out, then 10 years out and then got crystal-clear on what our retirement dream looked like.
Because this was such a powerful exercise for us, I have my clients do the same thing.
Have a DREAM MEETING! This meeting should be free of distractions with the goal to of defining what the two of you want to accomplish in life and put it down on paper.
EACH OF YOU answer the following (be as specific as possible) and then share with each other:
1️⃣ What are your top 5 financial goals?
2️⃣ What does your ideal life look like in 5 years?
3️⃣ What does your ideal life look like in 10 years?
4️⃣ What does retirement look and feel like for you?
5️⃣ What are 5 things that YOU are willing to sacrifice NOW to make these goals and vision a reality in the future?

Have you had a dream meeting with your spouse? If single, have you done one yourself and shared it with someone? Tell me about it! 👇🏼👇🏼👇🏼