The Wheel of Life is a great exercise and tool for helping you create more balance and success in your life. It is often used in coaching and is a great 
foundation exercise when goal-setting.
A way to take a good, hard look at each facet of your life, and rate its relative quality level, so you can uncover which areas need more attention than others. Consider each area like a spoke of a wheel: When one of the spokes is shorter than the others, the wheel breaks. By getting this view of your life, discover where the gaps are between where you are today and where you want to be.