There are common goals most of us share – eat healthier foods, work out more, and of course, save more. Often we feel that all it takes to be successful is to have more willpower and determination. While willpower is helpful, here are a few small tricks that can help you reach your goals.
- Set yourself up for success. If you want to save more, make thing easier for yourself by setting up an automatic investment program so you don’t have to even think about investing. And when you get raises, remember to increase your investments a little bit as well.
- Remind yourself why you’re investing in the first place. If you’re saving up for a house, keep a photo of that dream home front and center so you see it regularly. And if you’re investing for your retirement, collect photos of the amazing places you’ll travel to when you’re enjoying a life of leisure.
- Enlist your friends and loved ones for emotional support. Sharing your goals not only keeps you accountable, your friends will also be there to encourage you when you need help.
- Don’t be too hard on yourself if you slip up. We’re all human and we’ll make mistakes from time to time. Acknowledge them, learn from them, and forgive yourself so you can get back on track.
Pair your willpower with a few of these practical steps and you’ll be closer to reaching your financial goals.
This information in the Financial Tips section is provided for educational purposes only and is not tax, legal, financial planning or investment advice. Neither the information nor any opinion expressed in this section constitutes an offer to buy or sell any securities or advisory products. The information provided is general and is not information reasonably sufficient upon which to base an investment decision and should not be considered a recommendation to purchase or sell any particular security. You should not regard this information as a substitute for the exercise of your own judgment. Investing involves risk.