One of the easiest things to do in life is to point fingers and blame others; ironically enough one of the hardest things to do is direct those fingers at ourselves. Personal accountability is a difficult habit to form yet in finance it could actually lead you to achieve your goals.
Personal accountability is related to financial goals, how? And why is it important? Read on and get your answers:
1. Stick to plans
Holding yourself accountable for anything plays a huge part in sticking to the plan and making considerable progress towards achieving your goals.
2. Staying with the time-limit
Having a checklist and giving yourself a timeline for achieving certain goals by a certain time gives you a motivation to make it possible.
3. Accountability gives you the drive you want
Nothing feels worst than disappointing yourself. When you hold yourself accountable for achieving your goals, you get that drive that could eventually lead you to success. It is just a matter of realizing that it would be you who will get the rewards. In the end, it allows you to get organized, to come up with better and more creative ways of achieving your goals. You give yourself mini-deadlines and eventually the larger picture becomes clearer and a lot more attainable.
4. Reality Check
When you hold yourself personally accountable for attaining your financial goals, you really see the reality of your situation as you begin to understand it on a personal level and get a splash of a reality check. Accountability allows you to understand where you currently stand in terms of debts, bills, mortgage, installments, and payments. This is just a realization that you get but it goes a long way in inspiring you to set and achieve your goals.
5. It becomes a matter of reputation
When we hold ourselves accountable for our goals, we make it a habit of sharing it with others and making it a public knowledge through our social media accounts; by doing this, we unknowingly give ourselves a challenge. All this sharing not only gets our closest friends and family in our case–in a positive way–but also allows us to prove ourselves to the world at large. Ultimately, failing to achieve your goals would mean failing to prove ourselves and that is a loss we are not willing to accept.
6. You get performance reviews
When we are working so hard towards something, we tend to know how we are doing. We either do a performance review our self or involve a friend or relative to do it for us. Getting something in black and white opens our eyes and gives us the motivation to do better.
7. You learn to say no
When you hold yourself accountable, you begin to take responsibility for things. You do not need outer motivation, it comes from within and that drives you to say no for things you know will mess with your goals. The best part is, saying no does not even remain difficult anymore when you can see the ultimate goals right before your eyes.
To conclude it all up, we can simply agree on the fact that the ultimate way to achieve your goals is to hold yourself accountable and the rest will not matter anymore.…