Certified Public Accountant





Goal setting in the new year

Does the idea of making a list of financial goals cause you to freeze like a deer in the headlights? Maybe you’re afraid there will be more details than you have informa­tion about. Or that the process of aligning your finances with your future will be too time-consuming. It doesn’t have to be that way. For most of us, the process can be boiled down to just nine basic questions:

1. What are the values and motivations behind my financial decisions?

2. Where does my money go on a daily, weekly and monthly basis?

3. What’s my spending plan?

4. How can I ensure my daily spending habits don’t undermine my goals?

5. How can I shop and spend smarter to “find” money without making more?

6. What’s my current debt ratio and how can I reduce it?

7. Do I pay myself first to save money and start a strong retirement income planning program?

8. How do I track my goals and celebrate financial milestones?

9. Where can/should I invest money to reach my financial goals?

Whatever your feelings about setting financial goals, the important thing is to take a little time to make sure you and your money are on the right track. Start by jotting down the answers to the questions above.

And if you’re still feeling a little “deer-in-the-headlights,” contact our firm and let us know how we can help you meet your 2021 financial goals.