New Year, New Me! Having new year’s resolutions can be a helpful way to focus on making positive changes in your life and improving yourself across finance, health, family, friends, and career to name a few.
While having a new year’s resolution is a common ritual people start the new year with, there are many benefits to setting and most importantly, sticking to them. Here are a few tips that might help you stick to your new year resolutions:
Make your resolutions specific and achievable
Rather than resolving to “exercise more”, try setting a specific goal, such as “exercise for 30 minutes at least three times a week”. This could also work for other parts of your life such as being more specific than resolving to “saving more” with a more specific goal such as “save & invest $10 every week” so you are able to track your progress and stay motivated across all your goals for the year.
Break your resolutions into smaller, more manageable goals
If you have a large, long-term resolution, it can be helpful to break it down into smaller, more manageable goals. This will make it feel less daunting and give you a sense of accomplishment as you make progress. For example, if your goal is to save for a house deposit, it will feel more achievable by breaking it down into smaller amounts to hit along the way. You can also use apps to work towards these smaller goals such as Raiz’s Savings Goal and Raiz Kids features or utilise sub-accounts if your bank supports this.
Be realistic with your goals
It’s important to be realistic about what you can accomplish. One approach is to start small and gradually increase the difficulty of your goals as you become more comfortable and confident. This will help you stay motivated and avoid feeling overwhelmed or discouraged.
It’s also important to be flexible and willing to adjust your goals if you find that they are not realistic or attainable. Remember that the process of setting and working towards goals is a journey, and it’s okay to make mistakes or have setbacks along the way. The key is to stay focused and committed to making positive changes in your life.
Make your goals visible
Now that you have specific, achievable, and realistic goals, it’s time to invest small amounts regularly! Write your goals down and place it somewhere you will see every day. This could be on your fridge, on your desk, or on a whiteboard in your bedroom. Creating a visual representation of your goal such as a mind map, a vision board, or a goal chart can also help you stay focused and motivated. Platforms such as Pinterest can be a great way to start.
Sharing and telling others about your goal can also help keep you stay accountable and motivated. The key is to find a method that works for you and helps you stay focused. Remember to be flexible and willing to adjust your approach if needed.
Keep track of your progress
Seeing the progress you’ve made can help you feel a sense of accomplishment and encourage you to keep going. There are many different ways you can keep track of your progress, such as through a journal, a spreadsheet, or a goal tracking app. For any saving goals you have, Raiz also has a feature to allow you to automatically put aside savings to help hit your financial goal in the background of your life.
Celebrate your victories!
It’s also important to celebrate your victories along the way. This can be a great way to stay motivated and give yourself a sense of accomplishment. You might celebrate by rewarding yourself with a small treat, sharing with your loved ones or taking time to reflect on the progress you’ve made.
Overall, setting and sticking to your new year’s resolutions can help you improve your physical and mental health, build new habits, achieve personal growth, and feel a sense of accomplishment and satisfaction. But if you slip up or have a setback, don’t be too hard on yourself. Everyone makes mistakes and it’s okay to get back on track and try again 💪.
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