While we may be saying goodbye to the first month of 2021, we are not saying goodbye to the goals we have set for this year.
As we mentioned in our tips for this month, we believe that there are three things to help you stay on track with your goals.
- Removing the emotion that surrounds them
- Having patience with the process
- Connecting with others who have been in your shoes or could help you
We want to see you achieve your goals this year and want to do whatever we can to help you stay on track!
Although finances can be a touchy subject for many, there are ways to master your personal finances. Your personal finances do not have to be a stressor. They don’t have to make you feel confused or lost.
In fact, we believe that by removing the emotion around them you will make great strides with your finances and find success. Most people tend to jump down a rabbit hole of thoughts surrounding what would happen if they were unable to get them under control. Doing this does not help assess the situation in front of us and creates a cycle of avoidance.
A tactic that works well for our clients, and has been proven to work over and over again, is looking at your personal finances as if they belong to someone else. When you remove the personal connection to them you’re able to assess the situation clearly and see the whole picture which results in you creating a plan not fueled by your emotions. Once you have created a plan to help get your personal finances on track and feel in control, you can really see the process working.
A pitfall we often see is when people don’t trust the process. Just because you have created an action plan with your finances, doesn’t mean that things will change overnight. As the saying goes, “Rome was not built in a day”, and the same goes for your finances. They take time to master, and there will be hiccups along the way. We suggest to have patience and take one step at a time.
If you feel as though the plan you created is not producing any change, it’s a good idea to go back to the start and look over the plan. Sometimes emotion may have crept in while creating the steps to mastering your personal finances which can lead to the plan not producing positive results. By reassessing your plan and giving it time to set things in motion, you are guaranteed to see positive change.
Please note, there are times that the plan you create, and the time you give it to work, might not be enough. When it comes to this type of situation, we highly encourage you to connect with others around you that have been in your shoes and can relate to the path you are on. You are not alone in this journey. By connecting with those who have walked in your shoes, you will be able to get more perspective and reassurance that can do this. Keep in mind that a plan is only useful if you track your results. More on this later in the months to come.
If you don’t have the time to create your own plan or need extra help, please reach out to an expert. As Personal Financial Masters whose goals are to help others feel confident and successful in their finances, we are always an email away. Info@letsgps.com to schedule a free consultation.