Have you ever considered doing a mid-year homestead review for your homestead? We often review our goals in June for our businesses or careers, why not do so for your homestead also?
Most homesteaders set big goals for themselves when a new year starts. However, things happen that sometimes cause us to have to adjust our focus.
Doing a mid-year homestead review can help us realign our priorities for our homesteads and put us back on a clear path for a successful year of homesteading.
Mid-Year Homestead Review
What is a Mid-Year Homestead Review?
A mid-year homestead review is a way of reviewing the annual homestead goals you have set to see where you are on your journey and what may need to be changed or adjusted.
A mid-year homestead review is usually done around June, thus the name “mid-year”. During this time you can check to see if you are on track to hit those annual goals you have set and if not, what needs to happen to do so.
How To Do a Mid-Year Review
In order to have a successful review, there are steps you need to follow. The main steps include:
- Look at your annual goals realistically.
- Decide on a restructuring plan of your goals if needed.
- Follow Up
Step 1: Reviewing Your Annual Goals
Take a look at the goals you set for your homestead this year. Have you achieved any of those goals yet? If so, cross them off. Next look at the goals you have not accomplished yet.
These are the goals that are most important for your mid-year homestead review. Look at those goals and think about how far along you are. Ask yourself these questions:
- Can I meet the deadlines I have set for this goal? If not, should I remove it?
- Do I need to alter the goal in some way?
- What steps need to be added to accomplish this goal?
- Am I on track to reach this goal? If not what do I need to do to get back on track?
- Do I need to get assistance from an outside source to reach this goal? Is that help available?
Restructure and Re-plan
Once you have the answers to these questions start making any necessary changes. List out what needs to be done, what steps should be added, and what resources you need to make these changes. Also, remove any goals that are not attainable anymore from your plans.
You may have to completely change the necessary steps. Sometimes you may have to adjust your budget or timing for your goals. The mid-year homestead review is the time to do all of these changes and reviews.
At the beginning of the year, when you set your goals, you knew you would have to review those goals periodically right? After you complete a mid-year review, you have to remember to review your goals and progress often too. This is where the quarterly, monthly, and weekly review process comes in to play.
The Quarterly Review
If you complete your mid-year review at the end of June, I suggest doing a quarterly review sometime between the last two weeks of September and the first two weeks of October.
During this review, you will repeat the process you did during the mid-year homestead review. The only difference may be that you won’t exclude any goals. That does not mean that you cannot exclude any, but normally unless something major changes, a quarterly review is more for tweaking your actions steps towards the achievement of your goals.
Simply look again at your goals, make sure you still have your focus, and adjust as necessary.
The Monthly Review
Your monthly review is usually done at the very end of one month before the start of the next. During this review, you will look at what activities you need to focus on for the month, what projects or important events need to happen and make sure you are prepared for the upcoming month.
You will make sure that all of the steps you have scheduled and planned for the next 4 weeks directly correlate with your goals and deadlines. There may be minor changes made, but for the most part, this review is just to stay on deadline and stay focused.
The Weekly Review
The weekly review is the simplest review to do. This review happens at the end of every week. You will take a look at what was accomplished that prior week to get you closer to your goals, and then decide what needs to be done next week to stay focused.
You may add simple steps to get you closer to the goals you set, but usually, this review is basically a quick 5 to 10-minute review to stay on top of your schedule and planning.
Final Thoughts on Doing a Mid-Year Review
Doing a mid-year homestead review is a great way to make sure you are staying on track towards attaining the homestead goals you have set for the year for your homestead. By following up with a quarterly review, monthly reviews, and weekly reviews you are sure to set yourself up for success in attaining any goals you have set.
Have you set your goals for the year? Do you review your goals and then perform a mid-year homestead review? Tell me about how you plan and review your homestead goals in the comments below.