Derek Sivers: Keep your goals to yourself

Written and accurate as at: 10 September 2010

We have heard it many times before, it is good to verbalise a goal as it makes you more accountable. This might be to lose weight, do some exercise, a financial goal or career or business goal.

Often it can be our first instinct to tell someone when we come to that decision to do something. But Derek Sivers says it’s better to keep goals secret. He presents research stretching as far back as the 1920s to show why people who talk about their ambitions may be less likely to achieve them.

Which is it for you? Do you find letting people know your goals gives you more enthusiasm to make it happen or do you have a tendency to not achieve the goal once you have let the world know?

Have you set your Goals in line with your Money Personality? This may be another challenge for you.

If there are financial goals, whether it be paying off some debt, buying a house, selling a house or having a savings plan. Take some time to assess whether you are on track and if you need help devising a roadmap to reach your financial goals then please contact us.