Weekly newsletter with my thoughts about financial planning, investments, tax planning, aging, and more!
How to make progress on your goals
When people meet with me, they often feel overwhelmed about how to tackle their financial goals.
They know they need help (or through a conversation, they identify areas they need help).
But, then there is this heavy feeling that can overwhelm.
How will I get everything done?
Where do I start?
How long will it take?
If you look at everything together, it's going to feel overwhelmingly. It might feel too overwhelmingly to even take a step forward.
And, then you go back to life, without doing anything.
Don't let that happen to you!
The key to accomplishing your financial goals is very similar to other goals:
- Identify your first priority (you can't do everything at once!)
- Pick a date you want it done by
- Work backwards and break it into smaller actions
- Take the first, smallest action you can and start
- Keep going
When we see a large project and not the smaller actions inside of it, you may experience paralysis.
When I had the idea of writing a book about the money lessons people should have learned in school, I had no idea how long a book even needed to be!
The first step was to figure out how long it needed to be (my first priority).
Then, I picked a date I wanted it complete (I had a target date).
Then, I determined I needed to write 358 words a day to get it done in time (I broke it into smaller actions).
Finally, I started writing for one day (the smallest action).
And, I kept writing.
You can do the same for your financial goals.
What is something you've been trying to complete?
My Offer to You: If you feel up to it, share it with me and when you want it complete. I'll check in with you around the time you want it done. An accountability partner can be helpful!
Blog This Month
How to Review Your Tax Return
What I've Been Reading
- Would It Be Better If You Worked Less?
- Risky Business - HumbleDollar
- The age of average — Alex Murrell
- ‘Bees are sentient’: inside the stunning brains of nature’s hardest workers
- Could Direct Indexing Lower Your Taxes? | Morningstar
- New EV Rules Mean Fewer Models Eligible for Tax Credit - WSJ
Resources
Widows and Money Facebook Group - A community to learn about money, feel empowered around your finances, and ask financial questions.
More Than Money: Real-Life Stories of Financial Planning - Stories about the impact and value of financial planning. My story of Sara and Leo is on page 205.
Welcome, I'm Elliott!
Weekly newsletter with my thoughts about financial planning, investments, tax planning, aging, and more!
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