How Much Do Your Goals Really Cost?

When we set goals, we often overlook the costs required to achieve them. In our excitement to move forward, we tend to ignore the full scope of what those goals might demand.

These costs aren’t always financial. They can also include emotional strain and social sacrifices.

Before fully committing to a goal, take time to consider all the potential costs involved in pursuing it.

Financial Costs
Once you start thinking about goals and what it might take to achieve them, you may realize it will take some money to be successful. In some cases, though, the cost can be part of the motivation. For some goal setters, the fact they are paying “good money” for certain services encourages them to keep going.

There are times when certain financial costs are unavoidable. For example, if you're determined to reach a certain pay grade, you may be required to attain a certain degree level or take a particular certification course. 

Whether you're working on your health or your career, or are hoping to learn a new language, there might be financial costs attached to your efforts. Make sure you understand these costs and confirm they are worth paying before you get too far in.

Emotional and Social Costs
Even if you manage to find a way to alleviate all of the financial costs associated with achieving goals, it doesn't mean there aren't other costs. 

Most obvious is the investment of time. You almost certainly will have to put in time and effort if you want to be successful with your goals. Whether your goal is writing a book, or learning a new language, make sure you understand how much time it truly takes to work on your goals, since you won't be able to get that time back.

There might also be other emotional and social costs to your goals. If your focus is weight loss, you may be uncomfortable explaining your food choices when at a restaurant or party with friends. In order to avoid awkward questions, many people choose to avoid these situations altogether, which can impact their social life and even lead them to feel anxiety and depression because they no longer have the same relationships.

If you're trying to advance your career, there's not only a time investment, but perhaps the sacrifice of bonding with family members. Are you ready to miss your child's basketball game or musical performance for a night class?

The True Costs of Your Goals
These are the types of costs that are impossible to quantify, but which can never be recouped. As you consider your goals, it's important to think about the other costs and sacrifices, beyond money, that might result.

Will your family relationships be on the line? Can you schedule your commitments so you aren't sacrificing what is most important in your life?

You also have to consider how long these costs will be exacted. In some cases, it can be a long process, and the cost continues to mount over time. If you don't have a plan for alleviating it, you could find yourself paying a heavy toll in terms of a broken marriage or strained relationships.

There's nothing wrong with setting goals and working to improve yourself. However, it's important to be realistic about the cost. As long as you can make it work and you feel the cost is worth it, go ahead and pay it.

Need help determining the true cost of your goals? Email me at: info@thegiftedleader.com