By: K.H. Smith
As the holidays are wrapping up, we are looking into the New Year and deciding on resolutions. What do you want to commit to this year? Most New Year’s resolutions tend to be short lived, but that sense of hope still drives us to make resolutions every year. What if instead of a resolution that we half-heartedly make, we make achievable goals. We make short term and long term goals with a plan on how to achieve them. This plan would make it easier to reach those desired long term financial goals of being debt free, having a strong emergency fund, and healthy retirement accounts.
If this sounds like the future you want, then you have to commit to it. But that commitment alone will not get the job done. You need to set reasonable, achievable goals for yourself. Maybe you need weekly accountability with your spending or just an amount to save from this paycheck. These small goals will help you towards the bigger picture of financial freedom. How do you make these goals?