Making new year’s resolutions is a very important tradition around the world. But not all of us understand why we make new year’s resolutions.
The objective of setting a new year’s resolution is to give the person a goal to focus on that year. Setting goals and working towards them can have a real positive effect on a person’s mindset. Moreover, it also means you are taking a more hopeful view of the future. Also, seeing you working towards your goals may inspire them to do the same.
There will be times when you fail to achieve them. You may miss a day or simply forget. When this happens, don’t get too down on yourself. You are only human. But there are some steps you can take to give yourself a better chance at success.
What are the common mistakes we make while taking resolutions?
Step 1 – Prioritise
The main reason why people fail to keep their new year’s resolution is because they make too many of them. You must always remember that you only have a limited time in your day. So you need to learn to prioritise.
Write down everything you want to achieve that year on a piece of paper and ask yourself. You will see that a lot of them are not as important. From those that are left, start with the ones that are easier to achieve. This will give you the confidence to tackle the more difficult ones.
Step 2 – Be practical
When we make resolutions, we are always overly optimistic in our abilities. We actually forget how difficult it is to actually develop a new habit. So, try to be more practical when you are setting your new year’s resolution. Don’t forget that you have to go to work, take care of your family, and, most importantly, you need to rest. Be honest with yourself when setting your resolutions. Choose the important ones that are easy to achieve and try to see if they actually have a positive impact on your life.
Step 3 – Break them down on to milestones
Dividing your new year’s resolutions into smaller milestones makes it seem less scary. All you need to do is make a list of things you need to do each day to move towards your goal, including weekly and monthly milestones you want to hit. This plan will also teach you to be disciplined and you will gain more confidence in the work that you do.
Step 4 – Celebrate each milestone
The downside of tackling your new year’s resolutions like a task at your workplace is that it will start to feel like a chore. You will forget that this is a part of your journey toward self improvement. Hence, it is necessary to celebrate each milestone. You can do it any way you want but remember to take a moment to reflect on what you have achieved.
How financial resolutions are essential for Smart Money Management
When you are setting your new year’s resolutions, you should also consider adding a few financial resolutions. This is important if you want to be financially successful in the future. Some of these financial resolutions should be made every year.
These resolutions will help you build a better future for yourself and your family. It is important to reset your priorities and make sure you have a plan for financial success. You can use financial resolutions as a guide to help you and others around you to build financial well-being. At SmartMoney Education, our goal is to motivate, inspire, and guide you in your journey towards financial well-being. To learn more, get in touch with us today and set up a one-on-one session