If you didn’t meet your financial goals in 2018, don’t worry. It’s time to press the reset button, get your mind back in the game and work your financial plan. Life happens every single day, so you may have had a minor or major setback. That’s quite alright. You can still work to pursue the goals you set in 2018 and the ones you’ve created for 2019 with a little work. All it takes is some determination. Here’s what you need to do:
1. Develop Your Goals
When developing your goals, you want to do them in a quiet place where you can assess where things went awry. Detach from everything and everyone so you can have a clear focus on what you want to achieve and how you will go about doing it.
2. Write Your Goals Down
The best way to visualize and work to achieve goals is by writing them down. The saying “Write it down, make it plain” has merit. You will be able to see the vision and have a roadmap to follow.
3. Complete a SWOT Analysis
Create a SWOT chart with your strengths, weaknesses, opportunities and threats. This will help you determine what you do well, what you need to work on, and any opportunities you can capitalize on. Being able to see each one will help you create a viable plan that works.
4. Break Your Goals Down
The main thing when you are developing your goals is to break them down into manageable steps. Don’t think of something as being too hard – take it one step at a time until you can achieve the goal. Viewing your task as overwhelming can discourage you. Always look at a goal as something you should work towards every day. By breaking them down into smaller tasks you have a much better chance of reaching your goals.
5. Identify Your Needs
Every goal cannot be accomplished without adequate resources or manpower to make them happen. Do you need to learn a new skill? It’s time to get moving on it. Need additional hands? Ask for help. You won’t be able to meet your goals if you aren’t doing what you need to get what you need. Identify all the elements you need to be successful and put them into place.
6. Make Your Daily Routine a Habit
Success does not happen overnight. It takes work and dedication. You must work at your goals every day to see progress. Make the work you do a daily habit that becomes familiar. It takes 21 days to form a habit they say. Those days may be a struggle to get through, but you must see the finish line. This will help you stay determined to do what you need to do.
All of this starts with belief. You must believe you can achieve your goals. It’s always good to build a fail-safe into the plan just in case you get sidetracked. Once you develop confidence in your ability to make things happen, everything else will fall into place.
Have a Question?
Shoot me an email at Luis@buildabetterfinancialfuture.com, and let’s get started on pursuing your financial goals together. To get monthly financial tips sign up for my newsletter if you have not already done so. Just go to my website at www.buildabetterfinancialfuture.com
Luis Rosa CFP® EA is the founder of Build a Better Financial Future, LLC. He has been in the financial services industry since he graduated college in 2001. Luis focuses on empowering people with planning tools and action steps to help position themselves for a better financial future.
Luis has been quoted in articles published in Yahoo! Finance, U.S. News & World Report, NBC News, Investopedia, Business Insider, The Daily News, and several other online publications. In addition to obtaining his securities registrations Series 6, 7, 63, and 66, Luis is also a CERTIFIED FINANCIAL PLANNER™ professional and is enrolled to practice before the IRS. This diverse financial knowledge allows him to best serve his clients by understanding how one financial decision affects the other, allowing him to better guide them toward pursuing their goals. To meet and see how Luis may be able to help, contact Luis directly at Luis@buildabetterfinancialfuture.com.