25 Jul New Year Resolution
Form and Achieve your financial goals in 2018
Whether you want to grow your super, apply for age pension, start making investment or insure yourself, family and business. Achieving a goal is easier when you have a plan. Here is one of the ideal ways to achieve your financial goals in 2018:
- Set your goals.
- Plan on achieving goals.
- Action your plans.
- Review your actions.
Set your goals
The first step will be working out financial goals you want to achieve. These goals should be based on your personal, financial and lifestyle goals. Before setting your goals, you must consider your income, expenses, debt, savings, insurance and superannuation. This will ensure your goals are SMART: specific, measurable, achievable, realistic and timely. It often happens that it is hard for us to figure out our goals. iAdvice help you identify, assess and shape those goals. You can book a free phone consultation to get help in your goals by clicking icon below.
Plan on achieving goals
After you have set your SMART goals, start planning on achieving them. You can start setting up your budget for 2018 to turn your plans into action. The budget will allow you to create a plan for how you are going to generate all the resources you need. To budget, you must take into account complex areas including taxes, insurance coverage, credit card debt etc. iAdvice advisers are experts in these areas and hence, you can book a free phone consultation to get help in your budgeting.
Action your plans
Plans require action, or they are just words. Hence, you should implement your strategic plan by start comparing your budget with actual expenses and stay on track with regular reviews of your circumstances and progress. If you find something complex to implement, you can book a free consultation with iAdvice to seek assistance from their experts by clicking on icon below.
At the end of 2018, you must review your actions by analyzing what plans you failed to achieve and why it happened. It is essential for your own development as it will allow you to improve next year your plans and action for 2019 goals. It will also teach you on how reality can be different and hence, goals should be set assuming budget will vary.
Want to know more?
To receive advice and help on your retirement planning and budgets, click this link to book a 15-minute discussion with an expert from iAdvice – the first discussion is at our cost and not yours. Alternatively, you can visit our website at www.iadvice.net.au , our Facebook or Twitter to reach us and retrieve further information on this topic. Willingness to help is our game at iAdvice.