Making New Year resolutions is an exciting part of the celebrations. But, between us, how long did you manage to stick to the resolutions you made last year? Don’t worry, you’re not alone. According to research, 80% of people fail to keep them. But, you are also 10 times more likely to achieve your goals if you make a resolution. That applies to financial goals too! Here are 5 ways to help you stick to your financial resolutions in 2019:
Keep realistic resolutions
Resolutions shouldn’t be made out of thin air. You should understand that real and permanent changes come from within and not from outside pressure. Think through before putting down each resolution and align them to your financial goals.
Make allies to ensure you’re on track
An ally here is a friend or a family member who ensures that you stick to your financial resolutions. We could help too - Scripbox offers investment solutions for all your financial needs.
Rewards & Consequences
To keep yourself motivated, you can reward yourself for keeping up to your resolutions and penalties for not.
You shouldn’t engage yourself in a self-pity party every time you fall short. Instead pick yourself up and think on what to do next to achieve your goals. A quick rebound makes your chances of reaching your financial goal much higher.
Don’t go for an all-or-nothing approach
There could be times when your goal seems distant to you. This should not make you stop working for it. All that matters here is that you are on the right path.
Happy 2019 to you, and we hope you’re able to stick to your resolutions this year!