New Year Financial Goals

New year inspires many us to set new goals and habits. Some people want a better relationship, good health or improve financial conditions. However, according to a research conducted by the University of Scranton in the United States, only 8% of people achieve their new year goals. The other 92% usually fails.

Nonetheless, in this article, I want to share with you the four principles that will help you achieve your new year financial goals. The four steps will help you to improve your financial conditions in 2018 and beyond.

NB: This article is based on my Toastmaster speech 2 (below). Read a more details post on How to achieve your financial goals here.

Step 1. Self-assessment

Experts have discovered that you cannot improve upon what you do not measure. Therefore, your first step towards achieving your new year financial goals is to assess your current financial condition.

Step 2. Set your financial goals

The second step is to state what you want. At this stage, you need to define the specific new year financial goals you aim to achieve during the year or beyond.

Step 3. Prepare your action plan

Setting your goals is never enough if there is no deliberate action plan to achieve such goals. A goal without an action plan is a dream.

Step 4. Execute and monitor

You can set well-defined goals and action plan; however, nothing will ever work if you do not take action.

Read a more details post on How to achieve your financial goals here.

Ebrima Sawaneh Bestselling author and at blogger www.businessingambia.com