Relatively Easy Money Goals That are Said to be Impossible

When talking to friends, family, and even associates about your large financial goals, the first response from them is usually a dismissive one. And if you “dare” to inform them of the nearly impossible financial goal that you have achieved, most of them will automatically think that you are lying or exaggerating the truth.

Some large and extreme goals may seem out of reach, however is up to each individual person to make those impossible goals realistic ones by following these three easy steps:

1. You have to want to reach the impossible financial goal more than anything else.
2. You have to believe that you can achieve the goal that you set out to reach.
3. You have to behave in such a way that makes the impossible possible.

Sure these three steps take a lot of work and sacrifice, but face it, anything worthwhile usually does. Think of it this way, if it were easy, no one would think of it as being impossible. And most importantly, make sure that your actions coincide with your goal. For example if you want to retire early, then you may have to spend less money today and save every extra penny that you get or you will have to earn so much money that you can still spend freely while saving tons of money.

Here is a list of money-related things that people commonly dismiss as impossible, but are more than possible if they focus their efforts on working on them.

Fully-funded Emergency Fund: Many people feel that putting away 3 – 6 months of money for an emergency fund is impossible. It’s particularly impossible to them if they are saving for retirement and other long-term financial goals. You can easily begin working towards this goal by saving the money you normally eat out with, saving the rebate offer from the back of the cereal box, or even saving your full income tax refund to help give you a major boost in your emergency savings.

Becoming Self-Insured: A lot of people are unhappy with their current health insurance provider, but are afraid to kick them to the curb and pay out of pocket for a new insurance plan. This can be done, but you will first need to have enough money saved to cover any loss or damage to your property, or any illness that you may have. If you can’t fully self-insure, then it is even more possible to save money by carrying only catastrophic insurance. You will end up paying only for the minor things while your insurer covers the significant losses.

Start a Business: Beyond popular belief, starting a business doesn’t take a large amount of money to do. All you need is discipline, a salable product or service, and a personal commitment to making the business work and grow. Your dedication should include putting in a lot of hours, listening to feedback, and learning how you will keep up with your bookkeeping and finances.

Multiple Vacation Travel Planning: Luxury traveling requires a lot of money, but traveling regularly can be quite inexpensive. It is less expensive to plan your trip travel on an RV camper as opposed to a flight and hotel for example.

Paying Cash for College: Whether you are the parent or the student, paying for college with cash only isn’t an impossible goal to seek out. For parents, saving money for college should start either before the birth of your child or shortly after. If you are a student, you will have to be willing to work hard, apply for every scholarship you can get your hands on and attend a state school to pay your entire tuition via cash.

April Lewis-Parks has more than 15 years of experience in the financial sector, she is a certified financial counselor, and a consumer affairs advocate. As the director of education and public relations for Consolidated Credit she is dedicated to generating awareness about personal finance issues and acts as their consumer affairs advocate. As host of, she promotes financial education and offers timely and informative personal finance articles to educate the public. April’s promotional efforts can be seen in past issues of the New York Times, Washington Post, Newsday, Consumer Reports, the Business Journals, Money Magazine, Glamour, Cosmopolitan, Family Circle, among others. Connect with April on Google+.