3, 2, 1…Happy New Year! Ever wonder why a countdown grabs people’s attention? It is measurable and predictable…we know what number comes next and we know something big happens at the end. Whether it is the start of a NASCAR event, a family potato sack race (seriously fun, you have to try it!) or the start of a brand new year…countdowns grab our attention, make us participate and ramp up the excitement for what is to come.
We can apply this tried and true countdown method to improve our finances. What are your financial goals this year? We increase the likelihood of accomplishing our goals when they are written down, and like the New Year’s countdown, when it is written down we know what comes next. Make it measurable! Month one – save $500 (insert your specific goal here!). Month two – repeat! You’ve started your countdown…now automate it!
Setting up a savings transfer with your bank can ensure this happens on time, every time! Get ready for the “something BIG” at the end! A little effort each month can sock away a $6K nest egg in our example. Like the finish line at the end of the race or the drop of the glitzy ball at midnight in Times Square…once you reach that goal, it’s time to celebrate! Remember, you are the driver of your race, the author of your story! Set your goals high and go after them! Are you ready? Three…two…one…GO!