At the start of the year, it’s easy to make a resolution for what you want to achieve in the coming year. Actually sticking to that resolution is where many people fail. A New Year’s resolution, especially a financial resolution, like getting out of debt, isn’t going to happen by any stroke of luck. Achieving anything in life takes hard work, so here are some tips to make sure you achieve your resolution.
Tuesday Tip – 5 Ways to Achieve Your Resolution
If your resolution is related to your finances, it’s important to get started right away. Improving your financial situation may take a lot of work, but if you establish and consistently implement a get out of debt plan, there’s no reason you can’t achieve your goal. If you want to achieve your resolution, persistence and accountability are key.
Tools to Achieve your Resolution:
- Share your Resolution: Tell someone about your resolution. If you’re not comfortable sharing your resolution publicly, then tell a close friend you can trust. Say your goal is rebuilding credit. That’s not something that happens overnight. Ask this person to check in on your progress and ask about the specific steps taken to ensure your goal doesn’t fall to the wayside.
- Write it Down: Ever heard the saying, “nothing is written in stone”? Well, write it in stone. Writing your resolution down can actually help to make it feel more official. Get specific! Outlining a plan will help you get real about how to achieve your resolution.
- Team Up: Even better than telling others about your resolution, have a joint resolution! Teaming up with a friend, family member, or spouse will really keep your drive alive. And, you can share the up’s and down’s together. Sometimes being accountable to another person makes us work harder than we normally do for ourselves.
- Set Mini Goals: Try setting SMART goals to use as benchmarks on the way to your overall goal. It’s much easier to achieve your goal by following a plan of how much you aim to pay off each month than going in blind and coming away disappointed and discouraged by a lack of progress.
- Find a Community: Don’t underestimate the importance of support. Camaraderie between people in similar situations can really help everyone to achieve their goals. Finding a debt free community is an option, especially for anyone who feels alone on their journey.