We’ve given you a few weeks to settle into 2022 and start working on your goals so that you will THRIVE in 2022 – not just survive. In this part, we’ll address Needs versus Wants as they relate to your goals.

Identification of Your Needs and Wants

           The next step in GOAL BASED BUDGETING is to write down a list of each need and want for each of your goals. Alternative ways of achieving each goal should also be written down. Your list of needs and wants should contain a description of how it contributes to the goals of the family. Other than that, no judgments should be made at this point.

It should be noted that self-interest motivates both buyers and sellers in a society based upon capitalism such as the United States. This self-interest, or selfishness, will become evident very quickly as each member of the family contributes to the lists. Using the family’s goals that have been agreed to as a benchmark for identifying needs and wants will help redirect individual selfishness towards the welfare of the family.

         There are four basic needs that people have in today’s society:

Creating Goals Is a “Wealthy” Habit (Refer back to part 1 for “Wealthy” vs. “Poor” habits.)


Goals are specific, measurable tasks or activities in which you, (individual/family), will engage. There is no limit to the number of goals you may or should set. There should be a combination of both long-term and short-term goals. Goals should address both needs and wants. Ideally, each goal will have two or three alternative ways of achieving it.

Plan now for a GREAT 2022

Create a Plan

It’s hard to thrive spontaneously. You need to plan how you are going to thrive. The steps to success are:

  • Get Clear.
  • Get Confident.
  • Get Excited.
  • Get Focused.
  • Get Committed.
  • Get a Game Plan.
  • Check and Adjust with a mentor/coach

As you seek clarity, take an honest assessment of your habits. Those with rich habits will thrive. Those with poor habits will survive – just barely.

Good employees are a company’s most valuable resource. They also have the potential of being the greatest liability a business has. Increasing numbers of employers are utilizing data bases to access records revealing an individual's most personal secrets to help them select the best possible employees.