Don’t you love the clean slate of a new year? It brings renewed enthusiasm about where life is headed, and it’s a time to establish a fresh mindset about your life and finances; where you are, where you are going, and at the end of this year, where you would like to be.
In Jim Wood’s article, 5 Ways to Be Better in 2017, he touches on several points to help make 2017 the best year yet.
Setting goals can sometimes seem uncomfortable and unattainable when thinking about them in your head, so write them down! Once you have them on paper, take those new goals and share them with loved ones. Talking openly about what you are trying to achieve helps keep the goal fresh in your mind.
Cultivating good habits can help you to measure your results as well: get your trust and will paperwork in order, prepare for tax season and educate yourself about investing options.
Never settle for mediocrity. If your portfolio is mostly cash, you are settling for mediocrity. Don’t let the current state of the country or market or government paralyze you to the point that you are just sitting there. Your money needs movement too. You cannot have action or growth with no movement.
For more great tips to have a great new year, listen to this week’s podcast here.