Skip to Content

Setting Financial Goals with Free Printable Worksheets

Share this post

I have some pretty lofty goals in life, both financial and otherwise.  I like to dream and dream big!  Sometimes a dream is just that, it’s a fleeting thought but nothing really comes of it.  Other times a dream can be turned into a goal and, if I work at it, can become a reality.

I am sharing with you how my husband and I set goals, specifically financial goals, and stick to them.  Financial goal planning has been instrumental in keeping us on track especially living on one income.  I have included some worksheets that will help you work through the process and identify real ways you can work towards your financial goals.

(scroll down to download this worksheet)

Goal setting 101

If you do not have a goal, then what is motivating you?  Probably nothing.  So, take some time to contemplate exactly what you want to get out of life, where you want to be down the road.  It might take you a few weeks if not months to fully sort this out.  It is time well spent though.  If you are married make sure to recruit your significant other in this process because otherwise you are very likely going to fail.  When setting a financial goal think big, but not crazy big.  Be specific about the time frame as well.

The key is setting reasonable goals and breaking them into achievable chunks so as not to get overwhelmed.  Your Big Picture goal can be a dream, but the steps to get there need to be attainable.

Big Picture Goals

What is your dream?  Be careful not to let the world define these goals, what do you want?  Take time to really define this goal. A big picture goal should be singular, but if you choose to have more than be sure they are something you really truly want out of life.

Some examples of big picture goals:  Retire at age 55.  Pay off all debt.  Save enough money to send children to college.

If you are goal setting as a couple do this part separately.  You can use this worksheet to help you work through the process.

Financial goal setting big picture goals

(scroll down to download this worksheet)

Once you have identified your goal (or goals) talk with your spouse.  How do you compare?  Are you on the same page?

Take your individual Big Picture Goals and choose to work on one as a couple, maybe you need to creatively combine goals you have set independently.  The next step is setting smaller goals and working toward your Big Picture Goal.

Short Term Goals and Steps

Once you have set a goal as a couple it’s time to figure out how to get there.  A goal is not attainable without a plan to achieve it.

Focus on habits rather than drastic unsustainable measures.  I am no expert, but still I am convinced that human beings spend a good bit of our lives on autopilot.  Just going through pre-programmed scripts that most people call habits.  Focus on identifying those habits which are keeping you from your long-term goals as well as habits you can create to help achieve those goals.     Take a month if not two to make a conscious effort to re program yourself and change your habits.  If you can do it for a month or two, chances are you will be fine for the long haul.

These short-term goals, and the steps you take to achieve them, need to be actionable and trackable.

Each month identify 1 or 2 actionable steps you will work on.  After the month is up these are likely to become habits.  The next month you will continue with your previous month’s habits while identifying new actionable steps.

You can use these worksheets to set short-term goals, actionable steps, and to help keep you on track.

financial goal setting short term goals and steps financial goal setting monthly habits

(scroll down to download these worksheet)

Here’s an example of a goal I am working on with my husband.  We want to pay off our debt by 2020.  We are fairly conservative spenders but there is room for improvement.  We set short-term goals and actionable steps that focus on curbing our spending in order to put more money toward our debt.  There are little things that we truly enjoy as a family that require  a few extra bucks.  The key is to choose goals and steps that are not so restrictive that we feel deprived and give up all together.

Big Picture Goal: Pay off debt by 2020

Thought process:  We need to find ways to have extra money at the end of the month to put toward debt.

Short Term Goals: Cut $100 each month in excess spending.  Use the extra $100 to pay down debt.

Actionable Items:  Cut out small extra daily spending.  Shop for girls on sale or at the resale shop vs. new brand name clothing.  Meal plan each week.  Eat out twice or less per month and do it for entertainment not because we forgot to shop or meal plan.  Do not take on any more debt.

February Steps:  Meal plan each week, shop once per week.  Go out for ice cream no more than once per week.

Goal setting as a couple should be fun and exciting.  You should walk away feeling empowered to reach your goal.  Achieving a Big Picture Goal is all about sustainable habits, work in achievable chunks and you will reach your goal.

Use these worksheet to identify your goals and work through the steps to achieve them.

Download Here 

Have you set goals with your significant other?  I’d love to hear how you work on them together.

Use these sheets to set some goals and be sure to share with us on Facebook Twitter and Instagram how it’s going.

Thanks for visiting!

Creative Ramblings signature


Share this post

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Why You Need to Get Yourself a Side Hustle - Creative Ramblings

Friday 20th of March 2015

[…] sounds dirty, but I promise it’s not.  A side hustle is a gig that can help you reach your financial goals sooner.  A side hustle is a gig outside of your full-time every day job.  It should be something […]

Alicia Snow

Tuesday 3rd of March 2015

This is perfect! We have been trying to be better with our finances so this couldn't have come at a better time.

Live Simply: How To Get Your Spouse On Board

Monday 2nd of March 2015

[…]   Here are 5 ways to approach insourcing as a couple:   Set Goals. Take a look at this post for some printables and tips on setting goals as a couple.  Take some time apart and […]

Kim @ This Ole Mom

Wednesday 25th of February 2015

Thank you for sharing. I need to download your printables. I'm sharing on pinterest so others can use these wonderful sheets, too.


Monday 23rd of February 2015

This is great and totally goes hand in hand with DIYing Your Life. I am a huge believer in goal setting and setting both long and short term goals. Thanks so much for the free printables!!


Monday 23rd of February 2015

You are very welcome, thanks for reading today.

This site uses Akismet to reduce spam. Learn how your comment data is processed.