Planning savings resolutions might strike fear in some Canadian households, but it really can be easier than you think! If you're really going to be successful this time around you have to look at how you've managed years in the past too! Find your mistakes and don't make them again. Pinpoint your weaknesses and do everything you can to avoid them. For example, if you crave dinner out 1 time a week, start making plans to slash that to every other week. At least for awhile. Another thing that smart Canadians can do is connect with other Canadians who are financially conscious. Surrounding yourself with those people who have similar goals is just smart.
Furthermore, we want to stress how significant committing to a specific goal really is. For example, if you decide that there will be a
no spending day
then you have to stick to a resolution like that no matter how difficult it feels. You can still find a ton of entertainment that is free, and have just as much fun too! However, you don't want to be so restrictive you feel suffocated. This is something that you'll find mentioned in many financial blogs across the internet and it is very true.
Setting Goals and Sticking to Resolutions
When it comes to your financial goals the first thing you have to do (if we haven't already mentioned) is to identify them. If you haven't pinpointed these then it's time to do so. Identifying a clear goal will motivate you to meet it. You also have to create a plan to resolve difficulties. If you've been struggling to meet the same goal every year--develop a new strategy. Sometimes consolidating debt might be an option that works best. Every situation is different, so just weigh the odds. But, don't ever just give up and say: "next year we will do it."
We aren't going to give you the same things other websites do. Here, you're going to find some unique ways you can start meeting your 2017 goals, so let's get started. We feel certain you're already well aware of the importance of staying on budget and cutting back, right?
onsider boosting your 401k retirement savings--
Because it just makes sense, right? You better bet it does, and when it comes down to retiring you'll have more than what most do, all due to smart thinking and pre-planning! The goal should be to contribute at least 3% but better at 6%.
Don't join a gym, just use what's available--
When you think you need a gym, you're just looking for excuses to not exercise. Use what is all around you to get that workout in and you'll find it to be just as good, or even better.
Cut back on bad spending--
Forget about McDonald's and Starbucks, you don't need it. Focus on trying to live healthier and you'll save a lot more!
Remember, just small changes will help you get on track. Begin with a plan of action you can accept and will stick with and take it from there. It's all about progressing to your final goal and achieving life satisfaction.