- Don’t set so many goals that it’s difficult to make any progress.
- Do prioritize your goals and track your success.
- Don’t be vague in the wording of your goals.
- Do be specific about what you want to achieve.
- Don’t leave your timelines for your goals open-ended.
- Do motivate yourself with (reasonable) deadlines for goals and milestones.
- Don’t set a huge goal if you’re just starting to up your money management game.
- Do remember that small steps will get you there, and mini-successes will keep you motivated.
- Don’t try to do everything at once.
- Do set one big goal per quarter (three-month time period).
- Don’t think that you’re automatically supposed to know this stuff.
- Do find accessible ways to develop your financial literacy (like using this workbook!).
- Don’t feel like you have to achieve your goals all by yourself.
- Do ask your friends what’s worked for them or, if you can, hire a financial advisor to help you get on the right track.
- Don’t think that setting financial goals is a one-and-done sort of thing.
- Do create visuals and frequent reminders of your goals to help keep you motivated.