Take advantage of the energy a new year brings to set personal milestones. The earlier you start making smart financial planning moves, the more time you’ll have to benefit from their impact.
While New Year’s resolutions are a good start, setting goals may be more effective in the long run. The difference between a resolution and a goal is the planning and augmentation needed to achieve your objective. Goals provide direction, motivation, and a clear way to measure your progress. Without goals, you may struggle to find the path from where you are right now to where you want to be.
Goal setting doesn’t have to be a long and complicated process. Here are some Chime articles that easily break down how to start goal setting for the new year, including tips and action items that you can apply to this year and beyond.
Setting and keeping goals all starts with our mindset. When we establish a healthy mindset around saving, spending, and handling money, it has a direct positive impact on our ability to achieve our goals. Find out how to adjust your money mindset.
Committing and recommitting to your financial goals can be as simple as making sure your resolutions are personal to you, writing down your action steps, and automating your finances. Read more on how to increase your chances of success this year.
Push yourself beyond wishful resolutions into achieving tangible outcomes. Make your goal setting as efficient as possible by setting intentions to guide your actions throughout the year. Learn more about intentions and how they can lead to personal growth and financial wealth.
Resolutions on their own are meaningless, if you don’t have a plan in place to gradually change your habits. Ensure success this year and beyond, by giving yourself the time you need to make a change.
Setting Financial Goals: New Year’s Resolution Guide is written by Katana Dumont for www.chime.com