Happy New Year!

Well, it’s a new year….2018.

Every year I know that people talk about New Year’s Resolutions and the discussion always revolves around whether or not you keep your resolution.

What about trying something different this year?  Instead of talking about a resolution that you may or may not keep, what about writing down your year long goals?

Here are some things that I would start with…

Make a list of goals.  Don’t just talk about what you would like to do, but actually write them down.  This gives you accountability and allows you to see the end in sight.  In my 3rd grade classroom, I just made a simple sheet that says “My goal today is….” and the kids have to fill in the blank.  Students have had to remind me to fill these out.  Even kids enjoy setting goals – so let your kids in on this project!  And this year our 11-year-old at our house was the one who initiated our goal writing process.  He asked if we were setting goals this year and he wrote them down for us.  I love that he sees the value in goal setting.

Start an Emergency Fund TODAY.  Don’t wait!  Life is too unpredictable to not have something in savings.  Think of the worst thing that could happen to you financially and plan for this happening.  I know that it’s hard to plan when it comes to health so think about your appliances, house, car, etc.  The list goes on and on because eventually something will go wrong.  If you don’t start an emergency fund now, you will always be spending on credit and will never get  ahead in life – TRUST ME!

If you already have an emergency fund then think about setting aside money into other savings accounts.  For example this year my husband and I will create a car fund, vacation fund, and property tax fund.  The money that will go into these accounts will be automatically drafted from our paychecks.  This makes for less work on our part and a bigger chance that we won’t spend that money on something else:)If you have a primary savings account, you can just link these mini-accounts off of it.

Create a budget.  Make it simple.  Here’s a video to help you out.

Make baby steps when thinking about your goals.  Think about what you can actually accomplish.  When I was a stay-at-home mom, I could spend a lot of time collecting coupons and saved us thousands of dollars.  Now I am back working full-time and it’s not as easy to save that much.  But there is still money to be saved!

I always use cash at the store.  This would be an easy goal to make and stick with.  I also order my groceries online which allows me to create my plan at home so that I am not impulse buying.  If I do shop in the store, I pray before I enter the store that God would show me how to purchase the essentials for my family and not just spend money on junk foods.  I also make a list before entering the store and shop every two weeks.

Here’s the big one.  Everybody we talk to about their finances seems to have the same answer when we ask where their money is going.  Eating out.  Make a goal this year to set a limit on eating out.  I know it’s an easy trap to fall into, so if you eat out 4-5 times a week you might try cutting that number in half.  You will be amazed at the savings.  We try to only eat out once a week.  That doesn’t happen every week, but it’s a goal that we strive for.

This is a goal that I made a few months ago because I didn’t want to wait any longer.  I have started a prayer journal where I write down my prayers and then come back later and write down how God answered that prayer.  I also made a goal to spend more time reading my Bible and praying which I am currently able to do 4 times a week after I return from the gym.  Find time to pray and talk to God.  Then just sit back and listen to what He is trying to tell you.  This will become your favorite time of day!

So, what about you?  What goals can you set for 2018?  Please feel free to share and email me with any questions that you may have!

Leave a Reply

Your email address will not be published. Required fields are marked *