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This week on Money and Investing, Mitch Olarenshaw and I discuss setting New Year goals and reflect on past achievements to help you create a clear plan for the year ahead.
1. Reflect on the year
Start by reviewing the past year. Celebrate wins and assess setbacks to identify what worked and what didn’t. Use these insights to drive growth in the coming year.
2. Structure your goals
Break down your goals into annual, quarterly, and monthly targets. Be specific and measurable to track progress effectively. Write them down to stay organised and focused.
3. Build better habits
Focus on developing habits that support your goals. Achievement often follows consistent daily actions. Track your habits to maintain momentum and avoid losing focus.
4. Plan for the long term
Think three years ahead. Set milestones to keep your progress on track and align short-term efforts with long-term aspirations.
5. Commit and reward yourself
Accountability partners can help keep you on track. Celebrate achievements along the way to stay motivated. Reward yourself when you hit major milestones.
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