PriyaPatelTLDR:
- Making smarter money decisions topped New Year’s Resolutions for 2021, with 73% of Americans creating goals centered around that theme.
- As you think about the financial goals you’d like to accomplish, these strategies can help you set better goals and increase the chance of achieving them.
Making smarter money decisions topped New Year’s Resolutions for 2021, with 73% of Americans creating goals centered around that theme. Sadly, only 9% of people are successful in keeping goals. If you’re among those statistics, this new year can be different!
The article suggests that being specific about financial goals, writing them down, and making them measurable can increase the chances of achieving them. Being specific in setting goals, such as “Save 10% of my paycheck into a separate emergency savings account,” makes them more tangible and achievable. Writing goals down in detail on paper can help encode them into long-term memory and increase the likelihood of accomplishment. Creating measurable goals, such as saving a specific amount of money by a certain deadline, can make tracking progress and adjusting plans easier.
To further help with goal setting and financial planning, the article provides a link to a 2024 Personal Finance Calendar. This calendar offers a breakdown of critical financial tasks and milestones month by month, as well as reminders for tax deadlines, investment reviews, and financial check-ups. By staying organized and using resources like this calendar, individuals can increase their chances of achieving their financial goals in 2024.
The article concludes by encouraging readers to set realistic and timely goals for the new year and seek professional help if needed. It wishes readers a happy, healthy, and prosperous 2024.
