In previous years I have usually dedicated a critique to January’s article about preparing yourself for the New Year, but this year I considered that perhaps I should do this a little earlier, allowing more time to prepare. I have read many times that the clearer the resolution, the more likely it is to succeed.
So this year why not take some time out for yourself prior to the New Year and work out your own resolutions for the year ahead, and then put a clear plan together on how you intend to achieve them. Certainly, there have been times when I have realised in that moment approaching Midnight on the 31st of December that I have not quite given enough thought as to what my resolutions should be, and so I then quickly scramble to make some up! In which case, they have simply not been very meaningful.
Once you have decided what your resolutions will be, take some time to put a plan together to aid them to become meaningful and achievable. I always say that the reason the banks ask for a business plan is that you are able to see clearly from the figures whether a business has the potential of working and I always look at the figures to check the feasibility of ideas.
So my advice would be to break down all your resolutions into segments and work out a monthly target in how you plan to achieve them. It is never too late to try and turn your dreams into reality.
If you would like some help in either choosing your financial resolutions or planning how they could be achievable why not pick up the phone today.