When you think about what you want from your life, a dream home, sexy car, extensive wardrobe, vacationing in exotic places, or whatever, you probably come up with some sort of plan. You may start with, “I plan to take a vacation this summer with my honey.” So, when someone asks you what you plan to do in the summer, that may be what you say, but ultimately, that may not be what you do.

In this particular example, simply saying “I plan to…” is not really a plan. That’s stating a want. You may want to take a vacation in the summer, but merely wanting it will not make it happen. So, you may take it one step further. You may figure out that you will need $1000 to pay for the vacation and $1000 spending money. Okay, this is better, but still not a plan. Now you take it even further and figure out that you can save $100 from each weekly check to completely pay for your vacation, including spending money.

NOW THAT’S A PLAN. Continue reading »