Do you have your new year’s resolution set already? If not, you can start with these 10 simple financial goals and achieve it by end of 2017. Here they are.
This day and the coming weeks, everyone is thinking their new year’s resolution in one way or another. Either a career change, healthy diet, relationship, personal development and of course financially related.
On this article, I’ll share 10 simple financial goals that you can set and achieve on or before December 31, 2017.
These are simple money-advise that can be easily achieve yet can produce great results in your financial situation. Let start!
10 Simple financial goals
1. Attend financial seminar
Attending financial related seminar is one of the simple financial goals you can achieve this year.
It’s not complicated. You only need to spend a little amount yet you can learn a lot.
If you’re looking to learn something new this year that are financial related, attending seminar is one of the way to cross it off in your bucket list.
There are many financial related seminar available in the Philippines. Some are paid and most are free.
For example, you want to learn how stock market works this year so can start investing before year ends. Attend any of this free stock market seminar in the Philippines.
Banks and other financial institutions also offer FREE money-related seminar that you can take advantage of.
This is easy to start and easy to achieve.
Just to share, my goal is to attend at least 2x financial seminars or workshops this year.
Either paid or free I must accomplish this goal on or before December 31, 2017.
I’ll share it with you here.
2. Read financial related book
Another simple financial goals you can crush this year is to read and finish a financial related book.
This has always been my year-to-year goal.
I read a lot of financial, business and personal development books every year. Not to metion the thousands online articles I read from blogs and online magazines.
This is another way of learning. If you want to learn something new, buying and reading book is another great way to start.
3. Take a financial online course
Online courses are one of the in-demand sources of learning today.
You can study anytime you want and anywhere you want as long as you’re online.
If you’re into something, you can take this advantage.
There are many institution offering FREE and premium online financial course that can help you properly manage your finances.
TGFI offer affordable online financial related courses that help our kababayans learn more about financial literacy. You have to check it out.
4. Consult a financial planner
Confuse and don’t know where to start?
Need a professional advise?
It might be better to talk to a registered financial advisor to clear your mind and get a professional advise.
Just make sure you’ll talk to a trusted and honest financial planner.
Better to get recommendation from a trusted friend or trusted family member who knew one.
Take note, you might need to pay some fees depending on the rate of the person. Think of it as part of the investment.
5. Open a savings account
If you don’t have a savings account yet, open one this year.
This will not take a day and you’re done.
If you’re planning to start and build your emergency fund this year, better to open an ATM savings account.
So you can easily pull it out in case of emergencies even in holiday, weekends or mignight.
If you’re goal is to grow your money, savings account is not the ideal place.
Learn how to invest in other investment vehicle to have your money grow more than .250% savings account offer.
How to start?
Go back to #1, #2 or #3 on this list.
6. Track your expenses
Another simple yet effective financial goal you can start this year is to track your expenses.
If you’re not doing this, do it this year.
This will help you see where your money go.
List every expenses you have and analyze them at the end of the month.
This can also help you start and create your realistic budget.
Additionally, it will help you save more.
See the complete list of benefits of tracking your expenses on this article.
7. Spend less
This goal is one of the simplest goals you can set and achieve this year. It doesn’t cost you anything.
If implemented right, this can hugely impact your finances.
It can help you save more money and increase your savings.
Though it is easy to say, it requires dedication and a lot of self-discipline to attain and achieve.
Tracking your expenses or the #6 will help you achieve and kick-off this simple financial goal.
Be frugal and start today!
8. Earn extra-income
One of the most common new year’s resolution every year. Increase cash flow or earn extra-income.
We’re living in the age of “earning money” is easy as ABC unlike before.
What I mean is, you can earn money even without leaving your home.
With the help of internet, you can share your skills and get paid online from all over the world.
Earning online is the easiest and fastest way to do this.
Even when you have a full-time job, you can still earn a decent extra-income on the side if you’re dedicated.
You can check this article that shares 25 legit ways to make money online.
9. Share your learning
Learning these things and other financial related matter will benefit you this year and in the coming years ahead.
But what more beneficial is you share these learning to others.
You teach and encourage other people to start saving, build emergency fund and spread financial literacy in your own little way.
Helping others should be included in our life goals and one of the easiest way is to share what you’ve learn.
If you knew someone that could benefit this article and any of the article you read on this blog, feel free to share it to them.
10. The most important step
The above simple financial goals I shared are useless if you will not take this important step.
What is that?
All goals, all plans, all dreams, all thoughts you have in mind will never bring you results unless you take action.
As what Mark Twain said, “the secret of getting ahead is getting started“.
So to achieve results and create impact in your life, you must take action.
Take action. Take action. Take action!
These are the 10 simple financial goals I share to you right now. I know there’s a lot. I just pulled them out from my head. If you have something to add, feel free to add them in the comment section below.
Happy New Year. Cheers!