It’s time to set ourselves up for 2021!
Whether 2020 has been one of the worst years of your life, or surprisingly a pretty good year for you, it’s time to get yourself prepped for 2021.
Now before you roll your eyes, I am not a fan of the “new year, new me” talk either. Unfortunately, that “new me” often dies out before it even hits February. So I am not advocating for something that is unsustainable and ineffective. BUT I am a believer and doer of setting goals every single year. Goal setting is extremely useful as a compass to guide the actions/steps that need to be taken throughout the year to get you to where you want to be. Goals, when written down, also serve as a great accountability partner. Even if you don’t share your goals with anyone else, once you have written them down in black and white, it is can be a form of accountability to yourself because they are no longer just fleeting thoughts in your head but concrete goals on paper.
Important Considerations When Setting Goals
When setting goals, it’s important to make sure that you are real with yourself. I am all about positive thinking and positive mind-sets, but I believe it should be grounded with an ounce of reality. This is important because setting goals that deep down you know just are not in the pipeline for next year (does not mean that they won’t ever be), can discourage you if they are not achieved, and the last thing goals should do is dull your shine. Now this does not mean you should not dream big, but dream big practically.
So let’s get to business. Here are some things you should consider before you start setting goals:
Examples of Personal Finance Goals for 2021
Now that we’ve got those considerations out of the way, let’s talk about some actual financial goals that may work for you. The list below is not an exhaustive list as goal setting is very personal and unique to each individual. However, I wanted to provide some ideas to help get your creative juices flowing.
I hope there have been a few helpful nuggets for you, and I wish you every success and happiness in 2021. Let’s SMASH these goals!
28-year old living in the UK who is actively working towards achieving Financial Independence (FI). Sharing all the tips and tricks I am learning along the way!