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How FlyWheel Affirmed Everything I Believe About Goal Setting

Posted in Live Better, Save More | Tagged: | Leave a reply

goal setting, financial goals, save more

Yesterday I got to try out FlyWheel’s new and improved bikes. They are amazing! I walked up and my bike’s screen displayed “Hi Ashley” along with my personal best power score. Your power score is how much power you generate over the course of the entire bike ride. It’s a combinations of torq (resistance) and speed. FlyWheel instructors and aficionados, feel free to chime in here on how all of this works!

Of course, I see my score of 258 and decide I have to beat it! These bike upgrades are a genius addition by FlyWheel. It sets a goal in our minds before the class even starts.

By now you might be thinking, “how does this relate to money?” Bear with me. I’m getting there…

Going from 0 to 259 sounds like a big leap but as I set up my bike, I started to break down my goal into benchmarks. If there are usually 10 songs per class, how much power do I have to generate each song? I did some quick (let’s be real… quickish math) and I figured out that I had to do a bit better than 25 points per song. I peddled like crazy going out of the gate. Song one, 35. I thought “phew! No way I was doing that for 45 minutes.”

This is the beautiful thing about benchmarks. You can beat some and then be behind a bit on others, as long as you average out to your goal. Song two, I’m at 65 total. Winning! This benchmark thing really works. I counted each song and for some I rode my heart out and for other I came in under my goal. I ended the ride with a 270, beating my previous personal best.

What are the takeaways?

1) FlyWheel knows a thing or two about how we tick.

2) We can break any big goal down into benchmarks which makes it manageable and achievable. If you want to to save $1,000 next year, think about it as $85 per month or even $42.50 per paycheck. You can save more during some months and less during others as long as you average out to your benchmark goal.

3) It might seem too easy to work, but it’s not! When you have your goal in mind along with a realistic plan to achieve it, it just happens. You achieve one benchmark goal at a time, celebrate and move on to the next. Next thing you know, you’re done.

With the New Year around the corner, it’s the perfect time to set some big goals. What do you want to achieve in 2016? Set up some benchmarks to help you get there.

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