New month, new money mindset?
It’s a new month, a new season and the online world is full of faces declaring their new outlook and goals for the final four months of the year. Whether you find it motivating or find it irritating - there’s no hiding from it.
Given that money is integral to daily life, when you stop and think about the inaccessibility of the financial world, it seems pretty outrageous. Money has long been associated with a culture of fear and shame, which is why I’m on a mission to help millennials master money mindset and overcome financial fear. Money management, money mindset and creating a plan of action should be empowering and satisfying, not scary or overwhelming. You can start absolutely anywhere - whether you earn minimum wage or millions.
So if money goals are on your list for the remainder of 2019, keep reading.
All good plans begin with a goal - however big or small. If you are new to money focused goals - these can be savings, debt, investment, or budget related, there are a few key questions to ask yourself before you hit the ground running.
What am I aiming for?
How am I going to get there?
What will success look like?
Think about both long and short term time frames for setting goals. Look at what you would like to achieve, and can achieve, in the short term and over the next few months or years. Be specific about these goals: money-related targets are far more attainable when you put a specific figure on them. Be realistic. Don’t set your sights so high that you have to become a recluse for a year to reach it.
Whatever your goal, don’t be afraid to start small and go slowly. Goals are great but after all, life is for living.