new-year-wishes-2016-images-1Happy New Year peeps! I really hope that you spent your midnight welcoming the new year with grandeur and full of hope.

With the new year, comes new resolutions. Some people don’t believe in resolutions but I do. I think it’s a great idea to set new resolutions for the new year because hello, it’s the new year! Let’s start anew shall we?

But often times, the problem with our resolutions is that we tend to lose focus and after several days, weeks, or months, we fall into our old habits AGAIN. This happens to me A LOT.

What will be my New Year’s resolutions for 2016? What can I do to stick to them this time? I thought of ways on how I (we) can achieve them and here they are. Are you ready?

1.) Set SPECIFIC but REALISTIC goals

I have learned in the past that setting a very specific goal is of utmost importance. You cannot just say, I wan’t to lose weight or I want to save money. It should be, I want to lose 10 lbs or I want to save $10,000.00. SPECIFIC. In line with this, the goal has to be realistic too.

2.) Set a DEADLINE

Do it like a pro. Successful people and organizations attribute their successes to good time management. They time everything from the conception of an idea to its execution. So, let’s do just that.

3.) Break your BIG GOAL into smaller goals

If your goal is to have $10,000.00 in savings at the end of the year, break it down into $2,500.00 every quarter. It does not matter how much you put away every week or every month. Just make sure that you fulfill your sub goal in three months. Your sub goal is to have $2500.00 at the end of each quarter to arrive at your desired goal of $10,000.00 at the end of the year. Need some pointers? Read this.

4.) A Constant Reminder

#1-3 are not enough. You should have a constant reminder of your goal. I don’t know how you want to get reminded about your goal/s but as for me, I actually write it in a piece of paper and paste it in my door. This way, I get reminded everyday when I wake up. Call it tacky but it worked for me. Get a sharpie (marker) and a piece of paper and write down your goal/s. Write something like “GET A BOYFRIEND BY APRIL” or “PAY OFF $1000 DEBT IN 2 MONTHS”. In the past I have wrote, “I should have an emergency fund no matter what or else I will feel unsecured for a very long time”.

5.) Make some room for ERRORS

Nobody’s perfect. We are bound to make mistakes. This is true. When this happens, don’t beat yourself up. Pat yourself in the back. Try again. Repeat #1 to #4.

Well, that sums it up budget friends. Let’s cross our fingers.

I hope that 2016 will be a good year to us all, financially speaking. And may we stick to our resolutions this year. Let’s do it! Cheers!