{"id":135280,"date":"2023-12-12T18:39:12","date_gmt":"2023-12-12T18:39:12","guid":{"rendered":"https:\/\/finbestnews.com\/?p=135280"},"modified":"2023-12-12T18:39:12","modified_gmt":"2023-12-12T18:39:12","slug":"want-to-hit-your-financial-goals-in-2024-dont-try-so-hard","status":"publish","type":"post","link":"https:\/\/finbestnews.com\/economy\/want-to-hit-your-financial-goals-in-2024-dont-try-so-hard\/","title":{"rendered":"Want to hit your financial goals in 2024? Don\u2019t try so hard"},"content":{"rendered":"

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Just three weeks from today, we will be well into the first week of 2024.<\/p>\n

The new year\u2019s resolutions will still be fresh. People will be starting a new gym, a new diet, a new budget, or maybe all of them at once, with the hope that this time, it will stick.<\/p>\n

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People tend to make a raft of resolutions each New Year\u2019s, often including some money-related ones.<\/span>Credit: <\/span>Simon Letch<\/cite><\/p>\n

Today I\u2019m sharing three things that will help increase your likelihood of hitting your goals in the new year.<\/p>\n

1. Ditch the \u2018overnight success\u2019 mindset. <\/b>So many of us fall prey to the idea that we can wake up tomorrow and be a whole new person.<\/p>\n

You are bad at saving money, but somehow you think writing up a budget will inspire you to finally become a fantastic saver overnight.<\/p>\n

You\u2019re sick of being in debt, so you think starting on the 1st of the new month, you\u2019re just going to force yourself to not spend as much anymore. You\u2019re finally going to be disciplined.<\/p>\n

What if the real key to achieving your goals was not how hard you try, but how simple you make it?<\/p>\n

That\u2019s not how the brain works. There isn\u2019t a switch that you can just flick. Your current behaviours are supported by years of repetition, and likely an entire lifestyle, thought-process and environment as well.<\/p>\n

Maybe you overspend because you have a social circle that engages in that behaviour, or your lifestyle makes it harder to cook at home, or you use spending to satisfy emotional needs.<\/p>\n

If you don\u2019t take the time to review how and why you have arrived at your current position, simply hoping you will be able to brute force a dramatic change overnight is a recipe for failure.<\/p>\n

2. Stop trying to do more of what isn\u2019t working. <\/b>One of my earliest money mistakes was not setting up a separate savings account. I had one transaction account. I just thought that whatever I didn\u2019t spend would sit in my account as savings.<\/p>\n

I let this go on for quite a long time. I didn\u2019t think there was anything wrong with my system. I just thought there was something wrong with me: I wasn\u2019t trying hard enough or wasn\u2019t disciplined enough.<\/p>\n

This is a mistake that keeps people stuck the longest. They keep trying what isn\u2019t working, thinking that they just need to try harder. Here are some common examples:<\/p>\n