Getting Fiscally Fit
Every year, it seems, getting in better physical and fiscal shape top the list of people's New Year's resolutions. The fact that those goals pop up every year is a good indication that people have a hard time following through on them. A recent article on Yahoo Finance reviewed the classic steps to achieving such goals such as reframing negative thoughts about our prospects for success with positive thoughts, breaking large goals into smaller ones, setting deadlines, and getting an accountability partner.
Matt's View
Each of the steps is important, but one holds the key to goal accomplishment: getting an accountability partner. Figuring out what we want and understanding what we need to do are relatively easy. It's doing the work that's the hard part. Do you have a financial accountability partner--someone who knows your financial goals and encourages you to stay on track? If not, finding one is one of the most important steps you can take toward accomplishing your goals in the New Year, whether those goals are physical or fiscal.
If you have a financial accountability partner, would you send me a note? I'm doing some additional writing on this topic and would like to hear your story. What information do you share with your accountability partner? Just your goals? Or do you share details about your savings and debts? What lessons have you learned about choosing and using an accountability partner? What's been the result? Please write to me by clicking here .
This article filed in: Goals
Managing Money by The Book
- "To keep me from becoming conceited because of these surpassingly great revelations, there was given me a thorn in my flesh, a messenger of Satan, to torment me. Three times I pleaded with the Lord to take it away from me. But he said to me, 'My grace is sufficient for you, for my power is made perfect in weakness.'" - 2 Corinthians 12:7-9
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