14:49 05 January 2015
So you have set some financial goals for 2015. Good for you. How do you plan to keep at it?
Here is a collection of simple tips that have helped many goal-setters successfully accomplish their financial resolutions for the New Year.
1. Break your goals down
Divvy up your goals into actionable tasks that are measurable, and have some sort of a timeline tied to them. Any goal, no matter how realistic or ambitious it is, is just a wish if it has no timeline attached to it.
2. Spread the Word Out
Let everyone know what you are up to. It serves as a great source of motivation. Won’t you be loath to disappoint them with failures? Additionally, they can support and ensure you stay focused on your task.
3. Stay focused
Remind yourselves of what you are aiming to do and why. Just think of how better your life would be if you hit the target. By regularly reminding yourself of the benefits tied to accomplishing your financial goals, you are motivating yourself.
4. Reward yourself
To carry on through the weeks and months, give yourself some rewards every time you achieve a milestone or rather a smaller goal. In so doing, you will certainly feel positive that you are gaining ground and will be less likely to stop halfway through the year.
5. Monitor your Progress
Keep a tab on your progress all through the year. Do whatever it takes to track the rate at which you are progressing. You could make a journal, create a spreadsheet or use a notice board with pins and tags. Don’t be disheartened about reverting to your old habits. Take a deep breath and press forward. Treat failure as a passing cloud, rather than a concrete reason to surrender altogether.