Financial Resolutions – Stay on Track:
Most people give up on their financial goals all too quickly!
Often this is due to unexpected expenses, lack of willpower or setting an unrealistic goal. Sometimes just a little slip up can be enough to stop people pursuing their goals but whatever the size of your obstacles, before you give up, please ask yourself:
1. Why did I set the goal in the first place?
Pretty good chance you still want the outcome you envisioned at the time of setting the goal. If you keep going, get over the humps, and start to get results, will it be worth the effort?
3. Are my goals SMART?
Without these elements you’re setting yourself up to fail: Specific, Measurable, Attainable, Realistic, Time Bound. Don’t throw in the towel before giving yourself a chance to succeed.
Sadly, many Australians lack financial knowledge which can ultimately result in debt, lack of choices and suffering.
That’s why we think one of the healthiest things you and your family can do is learn about spending, saving and investing.