It's a new year and that means many of you are currently making your New Year's Resolution. Do any of your resolutions include finances? I'm assuming many of you have thought about making finances a priority in 2010. According to TD Ameritrade, 63 percent of people have resolved to save more money in the new year. Unfortunately, many people struggle to meet their goals. Today, I would like to give you some tips on keeping your New Year's Resolution.
- Write down your goal. Just writing your goal down will increase your chance of achieving that goal. The biggest part of meeting a goal is just making the goal. After you have the goal on paper, all you have left to do is execute it.
- Set goals to meet monthly or even quarterly, in order to achieve your resolution. Sometimes the big goal at the end is just too big and it seems unreachable. If you set small goals to meet in-between, you are more likely to reach the big goal in the end.
- Set goals that are achieveable. If you're $50,000 in debt, don't set a goal to get out of debt in one year. Instead try to reduce that debt by a large percentage. It is important to make your goal achieveable, yet still a mission.
- Remind yourself. Our lives get busy and without small reminders we seem to forget about our goals and ambitions. Stick notes on your bathroom mirror or in your car. Do whatever you have to do to remind yourself of your goal on a daily basis.
Become a follower of our blog for more tips on achieving your financial goals.
