10 Tips to Set New Year’s Money Resolutions That You’ll Actually Stick To

10 Tips to Set New Year’s Money Resolutions

The start of a new year is a great time to reflect on the past year and to set goals for the coming year (although you should do this any time you want to make a change). Keep reading to learn how to set New Year’s money resolutions that you’ll actually stick to.

Set Specific and Realistic Goals

Being specific makes progress easier to track, let’s you know exactly when you’ve met the goal, and makes it very clear when you’re slacking on the goal. Along with being specific, resolutions must be realistic if you hope to achieve them.

Start Small and Take Baby Steps

Starting small is a major key to setting New Year’s money resolutions that you’ll actually stick to. Remember, you’re trying to change a habit and it takes time to wear out a new path. Starting small will allow you to begin wearing a new path with some success, which will help you stay motivated to keep going.

Set Goals for Things Within Your Control

Another surefire way for your New Year’s resolutions to fail is to make them about things that you have little to no control over. While we may want to make 10k this next year blogging or lose 2 lbs a week, we really don’t have a fail-proof way to make those things happen.

Tackle One Thing at a Time

Another key to setting resolutions you’ll stick to is to tackle one thing at a time. Many people use the new year as a time to begin making changes to everything they see wrong with their life, and in theory having multiple goals is a great thing.

Track Your Progress

Yet another key to making New Year’s money resolutions you’ll actually stick to is to track whether you’re actually making progress or not. I’m a special education teacher, and tracking progress is at the heart of what we do. If you set a goal and aren’t tracking progress, you have no idea whether what you’re doing is working or not.

Periodically Revisit and Revise Your Goals

One of the benefits of tracking your progress is that you’ll know if you’re blowing your goal out of the water or maybe need to back it off a bit to be able to succeed. Life throws you curves, and changes in your life throughout the year may require you to revise your goals from time to time.

Swipe Up to Learn 10 Tips to Set New Year’s Money Resolutions

For More Posts Like This Visit

Money Saved Is Money Earned!