By: Kathy Longo, CFP®, CAP®, CDFA
It’s that time of year again, fresh starts, new beginnings and a long list of resolutions. We all have them, probably a little bit more exercise, eat better, tackle debt, save more. These are things we all could be better at and so this year, instead of putting them back on the shelf after a few half-hearted attempts, let’s go over some ways to actually reach your goals. It’s great to sip champagne and think of all the things you will do better this year, now imagine how much greater it will feel to actually accomplish those goals at the year’s end?
The first step is really to ask yourself why these are your goals. Why do you want to change and, if the same resolutions crop up every year, why haven’t you done it already? If the challenge is overeating, for example, perhaps the issue is more about the reason you are eating poorly or too much and not so much the weight gain. That root cause may be something else entirely, so following the thread along to the source may reveal that the thing that needs changing is not what you originally thought it was. Instead of another strict fad diet, perhaps a visit to a therapist to discuss stress-eating or depression may be the best route toward your goal. We often seek out unhealthy behaviors for their pleasurable, albeit often brief, payoffs.[i] So, before setting goals, looking at why you eat or spend, for example, may aid clarity to the goal.
In this article, we will go over some of the major resolutions and some steps to help you reach them.