Setting goals is very important goal for your children because:

Develop a sense of purpose - When your children develop a sense of purpose, they would also improve their self-belief, self-image and self-esteem. In turn, it would enhance your children's self-confidence. Developing a sense of purpose will also lead to touching something that meaningful and worthwhile.

Develop focus - Children may develop an ability to make better decisions and focus helps them in the process. With focus, children will start acting towards reaching their goalpost. Focus is just like a dartboard where you can throw darts on the bull's eye.

Motivation - Achieving goals in life helps children develop internal motivation. Goals are always personal and meaningful. They are very close to your children's heart and soul. This internal motivation also helps them reach their desired goalpost. Internal motivation also gives them encouragement, energy and strength to achieve whatever they want in their life.

Children who set goals and achieve them, be them sporting or academic or personal, are more likely to perform better in life than children than children who do not have any meaningful goals in life. It pays a lot to train your children the art of setting goals and achieving them in the end. You may want to show them how they can do it and experience good things in life. Help them to achieve their own goals and not yours.

Goals and dreams have many things in common. Children interpret goals as their dreams. Just watch children mimicking those courageous fire and police officers weather saving people trapped in fire or catch a thief by using dare devil techniques. These are some of the favorite dreams for your children and that is what they want to be when they grow up and become adults. Goal setting also start at this ripe young age. What they need is a strong catalyst in the form of useful and goalpost reaching techniques.

 Discuss with students why it is important to set reasonable goals. 

How are setting goals similar to athletic events or musical performances, where training and practice relate directly to success and growth? 

Ask students to think of one goal that they have set for themselves. Is it athletic? Academic? Social?
Ask students to write a short story about their goal and achievement in a sport, music, or other area. 

Have them outline the steps they took, or are taking, to succeed and how it will feel to accomplish their goal.
Cover a table top with recycled newspaper. Have students to paint a dramatic picture of themselves achieving their goal. Dry on a flat surface.
 Add important details to the painting, such as outlines, background patterns, or facial features.
 Students attach their story to their painting with a glue for display.

1. Identify a goal. Discuss with your kids their dreams and aspirations and write them down. Reread the list and help each child select one or two wishes. The goal must be within your child’s ability and be realistic. If it’s not, you might want to help your child choose another goal. Then help him frame it using the goal formula, stating what he will do and by when – say, “I will get at least 9 out of 10 spelling words right on my spelling test this week.”

2. Establish a time frame that is realistic for your child. For young children, goals should be kept simple and easy to achieve. Once they understand goal setting and have experienced the positive results of reaching their goals, they will be eager to set more difficult goals. Some children need to set even shorter-term goals to the end of the hour or a day, such as finishing a simple school project, reading a page a night, cleaning a closet, raking leaves, picking up toys or making a bed without reminders.

3. Think through the steps to success. The next step is to help your child think through how he will succeed. It helps if kids write down or draw their course of action. Help your child write or draw on sticky notes the tasks he must do to achieve his goal. After he’s finished, help him put those tasks in the order of when he will do them. Staple the notes together. Then have him tear off a note as each task is completed until none remain. Then have your child identify all thepeople or things required for goal attainment.

4. Track goal progress and celebrate success. Hang your children’s goals on a wall to remind them of their intentions. Pointing out their efforts will motivate them to keep trying: “Look how much closer you’re getting to your goal!” And if the goal is too hard, too easy or a step or resource was overlooked, just revise the plan so attainment is possible.

5. Talk about your goals. The task of setting goals affords a good opportunity to share thoughts and feelings with your children. Tell them about goals you had when you were younger and about your goals now. Describe how you overcame obstacles, how you felt as you achieved goals and/or how your goals changed. Also talk with your children about the time when you did not reach certain goals.

Your child may not always achieve his goals. However, he will have learned a few valuable lessons about planning and goal setting and should have noticed measurable improvements along the way. More importantly, he has probably learned some very worthwhile things about himself.

(https://childwatch.com/blog/2019/05/11/the-importance-of-goal-setting-for-children/)