Hi, I'm Chris with Money Burst, and today let's talk about creating money resolutions for the new year that we will actually stick to.
With the New Year in sight, it's time to set resolutions that we can commit to for the whole 12 months. Setting a money goal is easy, but sticking to it, that is the real challenge.
Get started by setting specific and achievable goals. Instead of saying I want to save more money, try, "I want to save $200 a month". This little bit of clarity makes your goal so much more real, which will make it easier to stick to.
Next, create a realistic budget that aligns with your goals. It's not just about cutting costs. It's also about smart spending, also, don't forget to plan for setbacks. Life is so unpredictable, so having a buffer or 'plan b' can help you stay on track even when things don't go as planned. And remember, small steps can lead to big changes. Consistency is the key.
Lastly, create goals that you actually care about. Don't just set a goal because you saw someone else pick that online. If your goal isn't personal to you, then why will you care about it six months from now? Choose something that will keep you motivated through all the way to next December.
I want you to remember to keep your goals clear, achievable, trackable and most importantly, personal.