One of the things most people struggle with is maintaining a goal that has been set. A goal must be well-written and measurable. For example, “I want to work out and be healthy” can be a vague goal if your objective is to lose weight and be fit. A better goal then would be, “I want to lose 20 pounds by a certain date.” Your financial goals are no different!
If the objective is to save more this year, an example of a good goal could be, “I want to have 50 thousand dollars in my bank account by the end of this year.” That is a measurable financial goal, with a deadline. After setting a meaningful goal, you then must work towards it. If your goal is to save money, you may have to make small changes in your life, or maybe big changes depending on your spending habits and debt load.
No matter how big or small your goals for 2023 are, have them in a place where you can see them constantly, and when you wake up everyday focus on that objective. Your goals, especially your financial ones, will have a greater chance of achievement if you’re diligent in working towards them.