A second point is that our goals are not independent of other people and their goals. Spouses, children, parents, and others play an important role. Even our purely personal goals are likely to have effects on these other individuals. Goal setting is important because goals are a major part of our guidance system. Decisions can be made concerning the likely effects that alternative actions will have on our goals.
Goal setting is a dynamic process.
Once a goal is reached it should be a source of a feeling of accomplishment. However, once a goal has been reach, new goals may become important to us. Priorities of various goals may also change over time. Also, individuals may have unrealistic goals which, if not revised, may be a source of frustration and stress. Risk Attitudes and Risk Tolerance Risk has many meanings.