Setting Financial Goals For The New Year


Start by writing down all of your short-term (1-2 years) and long-term (5+ years) financial goals. 

Keep in mind that these should be realistic and achievable within the timeframe set out. For example, if you want to save up for a house in 5 years, then make sure that goal is something you can actually accomplish given your current salary and expenses. 

Once you have a list of goals written down, create an action plan with specific steps that will help lead you towards achieving those targets. 

This could include things like creating a budget, eliminating unnecessary expenses, or automating savings contributions each month. 

Consider checking out a software for budgeting or create a spreadsheet to track your progress throughout the year. 

Finally, review your progress regularly so that you can adjust as needed if something isn’t working out as planned.


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