A key to achieving a financial goal
It’s human nature to generalize our goals.
“I’ve got to start exercising” is a common
one. But a key to achieving a goal is to first
identify one specific step. For example,
starting to exercise becomes taking a brisk
walk every day.
The same idea applies to wealth planning
goals. Say that someone’s general goal
is to take their estate planning – which
currently only consists of having a will –
to the next level. They identify their first
specific step as contacting their lawyer
to get a power of attorney for property
(mandate, in Quebec).
