A study on Harvard MBA grads revealed that 3% of the grads made ten times as much as the other 97% combined. Wow! The difference was they had clear, written goals and plans to accomplish them. I wish someone had taught me this as a kid. I didn’t learn how to consistently practice goal setting until I was an adult. I’m certain it would have saved me years of frustration and helped me to achieve more goals.
With that knowledge, teaching goal setting for kids is important and the Harvard study is a perfect example. If you’ve never taught your kids about goalsetting, begin immediately. If you have, make sure you make it a practice to review their goals with them, either quarterly or annually. Here are some ways you can teach goal setting and life planning skills to your kids.
1. Ask them what was the biggest thing they accomplished this past year and discuss it.
2. Have your kids write down the different roles they have in life – son/daughter, sibling, student, friend, athlete, musician, etc.
3. Have them write down one goal in each of the roles listed in Step One. Make sure they are S.M.A.R.T. (Specific, Measurable, Attainable, Realistic, Time-Specific).
4. Have them put their goals on a large poster board. Give them the opportunity to be creative and make it into a craft. Print letters, get artistic, or cut out letters.
5. Have them add pictures from magazines that represent each goal. When done, they will have their own goal board to place in an area they will see daily.
6. Help them set mini-milestones and rewards that will help them take steps throughout the year to achieve their goals.
7. Congratulate them, encourage them, and support them throughout the year for working toward their goals.
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Huddle Up Question
Huddle up with your kids and say what’s the biggest thing you want to accomplish this year?