Seasons and Financial Resolve
“There is a time for everything, and a season for every activity under the heavens” (Ecclesiastes 3:1)
A new year inspires me and provides the opportunity to start fresh. Maybe you feel the same way. Here are 7 tips from LifeHack.org with my commentary on how to make good financial resolutions.
Pick one thing. Don’t try to change too many things at once. If it’s realistic and attainable you’ll be successful. For example, resolve to save $1,000. Before trying to get out of debt or save for any other purchases, put that $1,000 away in an Emergency Savings Account.
Next, plan ahead. Do your research and visit Crown.org for plenty of financial advice and resources.
Then anticipate problems. Think through your temptations, possible disruptions in income, or potential expenses. Write these problems down and seek wise solutions ahead of time.
Next, pick a start date. Habits take about 3 weeks to form. So, resolve to start sooner than later.
Then go for it. Seek accountability and place reminders on your mirrors, computer, phone and in your car.
Accept failure. Give yourself grace. Take note of what triggered a bad decision so you can avoid it in the future. Then take heart and get back on track.
Finally, plan rewards. Plan simple rewards throughout the year to keep you motivated and excited about your financial progress. Then thank those who keep you accountable. “Commit your work to the Lord and your plans will be established.” (Proverbs 16:3) It’s your season! Now go for it!
Crown has many online courses, helpful free resources and tools so you can start the new year off right. A visit to our website could change your life! You can resolve to begin this new year with a fresh start at crown.org.