We are now a little over a month into the New Year. The festive season may seem long gone, as is the time for setting New Year’s Resolutions. But it doesn’t mean it is too late to make strides in the right direction when it comes to achieving your financial goals.
For example, you may have set a financial resolution for the New Year. Whatever it may have been now is a good time to review your resolution and your progress. Have you done what you wanted to do? Have you achieved anything yet? Have you taken notable strides towards your financial goals?
If the answer is yes, you can review your position, adjust your focus if necessary and then keep on going. If the answer is no, it is also a good time to review your position. You may think you have failed in achieving your goals, or at least taking steps towards them. But this isn’t necessarily the case. You are only failing if you ditch your resolution now.
Have you forgotten your goal?
Don’t worry if you have – people around the world will have forgotten their goals by now. The thing that will separate you from the ones who failed is that you can carry on. There will be obstacles and challenges in the way of everything you try to achieve. It is how you get round or over these obstacles that will make the difference.
This is why it makes sense to review your goal and to see what is working and what isn’t. Even if you have strayed away from your goal over the past few days or weeks, you can make changes now to refocus.
How to get back on track
If you have found it difficult to remain on schedule with regard to your financial goal, think about what made you set it in the first place. Very often you can focus on the motivating reasons and use those to get you back on track again.
Alternatively you may find you no longer have any passion to reach that same goal. This can happen, and if it does this is the ideal time to find a new focus – a new financial goal to target. This doesn’t mean the earlier goal was a failure, or that you didn’t choose the right one to begin with. Times change and so do we, which is why we must be ready to find the right solution to the problem.
The point is we can set new financial goals or re-ignite old ones at any time of the year. Don’t wait until next January 1st to figure out what your goal is for the New Year, or to restart an old one. Start today and look at achieving your financial goals again. You’ll be glad you did, especially when you look back in months and years to come and see the progress you made. You might be pleasantly surprised at how much you achieved.