Planning for 2017 (Part 1)
As 2016 draws to a close and 2017 beckons, we find it helpful to take part in a planning process that is part looking back and part looking forward. Here are some suggestions for you to use in your planning for 2017 regarding your personal finances.
- Reflect on the past year. Think about your accomplishments and magic moments. Debts paid, great bargains chosen, savings goals met, are all good fodder for the reflection part of the planning.
- As you reflect back on the year, express gratitude for all the positive things that happened over the past year. Here’s an idea: write down every positive thing you can remember from the past year.
- Honestly evaluate what goals you did not achieve and why. For example, if your intention was to pay down $X of debt and you did not reach that goal, ask yourself why did that not happen. Or if a goal was to start saving for college and you didn’t do that, ask yourself what prevented you from doing that.
- Stay positive. It’s easy to be negative when looking back and it’s important to celebrate success and achievements and acknowledge your short comings when it comes to your financial goals, but in a positive way. Tell yourself that you achieved a great deal and resolve to achieve more value-cetenred goals in 2017.
Next time: achieve what matters in 2017