Importance of SYSTEMS in achieving Financial GOALS

Whenever you see anyone who has set a certain benchmark for you – do you feel inspired?

Do numerous thoughts run through your mind?

Do you feel the urge to be at that position?

Do you think what made them attain that place?

If your answer is a YES then let’s come straight to the point which is a small word but with great and infinite dimensions;

The word is GOAL. This 4 letter word envelops our life’s all acquisitions, possessions, achievements, and accomplishments. These are a few parameters that help us to measure our success.

Importance of system in financial goal
Importance of system in financial goal


We all have different ideas and perceptions of the word GOAL.

Goals are of different types as:


Now let me elaborate a little

These days’ people do a lot of things like:

  • Going to gym
  • Take a healthy diet, avoid junk food.
  • Do meditation
  • Detox etc to name a few.

Can you understand why all these things are followed, perhaps you hit it right. It’s simply because their GOAL is FITNESS.

But can you imagine achieving this without following a plan?

No one can!!!

That’s because without system and discipline you cannot be consistent and gain what you want, as goes an old saying ‘NO PAIN NO GAIN’.

Read – Setting SMART Goals

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Check the system that we have built with more than 12 years of Financial Planning Service Experience.

Financial Life Planning System
Financial Life Planning System


But imagine that what if a person followed only SYSTEM without pursuing a GOAL would he still be successful?

My answer is ‘MAYBE’– but can someone achieve Goals without System – my answer is ‘NO’.

When you focus and pursue a system whether it is your daily exercise or habit of saving money you ought to end up getting something.

So the crux is that in order to achieve anything in life first you need to clearly identify what is our goal.

But that’s not enough. It’s just the beginning; there is something more important that follows which is called as SYSTEMS.

Now don’t get confused!

You need to know that both when GOAL and SYSTEMS become hand and glove you can catch success.

Isn’t that interesting!

Now I shall share with you a few tips to make both of them work together.

Let’s start talking about what may matter most in your life at any point in time.

Yes, you guessed it right. I’m talking about making and putting money in an organised way we can call it, IMPORTANCE OF SYSTEM TO ACHIEVE FINANCIAL GOALS.

Theoretically, it may seem absolutely clear to have and allocate money for these long-term financial goals

But honestly speaking it’s not at all a cakewalk.

Goals build more stress and pressure but if you stick to a system – you can enjoy the journey.

When you get committed to a system it becomes part of your habit thereby actions leading your path.

I don’t mean to scare you but I believe it’s my responsibility to share the ground reality with you.

Life is not as predictable or convenient as shown in television and advertisements.

InfographicsMaslow’s Hierarchy of Needs & Your Financial Goals


In order to make your future safe and be prepared for the inevitable, you need to change from ‘I think wisely’ to ‘I execute systematically’.

Here you can see a few tips to start with this process that you can call a budgeting system:

  • Maintain a diary to see and check your everyday expenses.
  • Sit with your partner at least once a week and discuss savings.
  • Brainstorm your ways to improve your financial future.
  • Compare your income and expenditure every month with the previous month’s.
  • Prioritise your expenditure.
  • Keep track of your activities.

When you have some of the mentioned points as a system in your life you will eventually have something for your future and for your rainy day.

I’ve found that goals are good for planning your progress and

systems are good for actually making progress.

Goals can provide direction and even push you forward in the short term, but eventually, a well-designed system will always win. Having a system is what matters. Committing to the process is what makes the difference.

ReadBudgeting: First Step of Financial Planning


If you are good at one or two things that are mentioned in the below list – that may not help. You have to add all this & much more to a bigger financial system:

  • Think of saving predictable and feasible amount of money.
  • Make a list of areas where you can avoid spending.
  • Try to settle for less in some areas. For example, if you want to buy a pair of jeans check out different brands and online offers before you impulsively pick your choice.
  • Most important: STAY IN TOUCH WITH YOUR FINANCIAL PLANNER to help you to save and invest with discretion.
  • Do not pile on too many EMIs and debts.
  • Do one thing at a time.
  • Be practical. Don’t expect a full moon on a new moon day. Rather wait for the right time.

So all I intend to say is that be CONSISTENT and fall in love with SYSTEM rather than planning and thinking of goals and you shall see how the seeds sown today become a beautiful and fruitful tree tomorrow.

All you need to do is systematically water, nurture, and be patient.

As rightly said by someone:

“People often confuse confidence with a display of magnificence. I speak with some years of observation on people who become an inspiration to many; confidence mostly comes from being habitually consistent.”

Please share the Importance of achieving Financial GOALs.

Importance of system in financial goal


  1. Great information..
    Without the Understanding system, It would very hard to achieve goals
    Good Job!

  2. I am giving my portfolio below. I am 35 now and have a kid of 4 year old.

    My monthly income with spouse is 2 lakh. I have home loan of 50 lakh.

    I am doing investment in all four mutual funds from last five years.

    My goal is to have 1 Crore in next 15 years for kid’s education and 2 Crore in next 25 for retirement at the age of 60.

    Can you please review the information and help me if I can complete my goals. Appreciate if you give some suggestions. Thank you.

    5,000 per month – Reliance Regular Savings Growth Equity NOW Reliance Value Fund

    5,000 per month – DSP Blackrock Top 100

    5,000 per month – Birla Sunlife Front Line Equity

    5,000 per month – SBI bluechip fund growth direct

    10,000 per month – RD

    3 lakh FD

    1 Crore Term Insurance Insurance cover

    Total 5 Lakh LIC cover from Jeevan anand and Jeevan tarang

  3. Hi, I want to buy “ICICI Pru Heart / Cancer Protect” to protect me and my spouse. Can you please help me in terms of if I can go ahead. This is specifically for cancer cover.

    I already have term and critical illness insurance and this is just another step to protect my family.

    Appreciate if you can help or suggest any other cancer plan. Thanks.

    • Hi Rajeev,
      You can’t cover every risk under the sun. Normally Health & Critical is sufficient but if you think otherwise – talk to a financial planner.

  4. Hi, I want to invest in Kotak Standard Multicap Fund – Direct Plan (G)

    This SIP will be for 10,000 per month. I already invest in SBI Blue chip fund from last 5 years with SIP of 10,000 per month. I am 27 years old now and want to buy house in 10 yrs.

    Please guide me if this Kotak fund is fine or can you suggest a Multi Cap fund for a goal of 10 years. Thank you!

  5. I am watching on you tube and reading a lot of things about – Parag parikh long term equity fund

    Can you please let me know if this fund would be suitable for 5K SIP for 5 to 7 years time horizon.

    How is this fund house? Are there any cons of Parag parikh long term equity fund scheme?

    I invest in SBI blue chip direct and AB sunlife front-line equity direct funds. The current SIP in both funds is 10K each.

    Please help me on the question.

  6. Good afternoon,

    I invest through SIP in three different fund. Each SIP is of 30,000. I have two large cap and one mid cap fund.

    Now I have 3.6 lakh as a surplus. The questions is:

    Can I do additional purchase of around 10,000 each month in each fund that is 30,000 per month for next 12 months rather than doing a lump sum purchase?

    Please advice your opinion. Thank you.

  7. Hi,

    I invest in these three funds. 1. Aditya birla sunlife front line equity 2. Parag parikh long term equity 3. SBI bluechip

    My amount for each fund is 10,000 per month. My goal is to generate 3 Cr. for retirement at 60. That is after 30 years. I am a moderate risk taker.

    I know that I have two large cap and one multi cap. The question is can I add “kotak standard multicap” as another multi cap. Is this advisable?

    I have regular investments in Post office schemes to cover my debt part of the investments, please help. Thank you very much.

  8. Hello sir

    my husband and i do sip of 5,000 in SBI bluechip, 5,000 in Reliance small cap, 5,000 in ABSL front line equity fund and 5,000 in Parag parikh long term equity mutual fund.

    So total of 20,000 from 2016. We want to invest for 12 years for our children. We want 50 lakh in 15 years.

    Is this portfolio of small cap, multi cap and two large cap good? What will be your recommendation? advance thank you for the advice.

  9. Hai sir ur response is super….i am 32 yrs married and 1 child.monthly my salary is 3o thosand and every month I invested in SIP in nearly 15 funds with 15000 rupees and I had 1 Term plan covered with 95 lacks up to age of 80yrs and my goal is 1cr for my child and 1 Cr for my 2 crores. Pls reply me sir how to i approach and pls suggest me..

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