financial goals

[$crypto$]

I don't think I am the type of being that likes tracking records of the things I have spent. I would prefer to map out a said amount to that, every month. If the money I map out for the month is spent, I know that's the amount I have spent for the month. I won't try to exceed that amount until next month, when I will think of bringing the same amount. That's what I will be doing each time of the month. I feel it's good that way. No stress of writing what and what you have spent on every passing day

Because indeed recording expenses every day will be a little complicated and often you might forget to do it, setting the amount of spending every month is good, it means you already know how much to reach the maximum limit of what is set, I'm sure the fixed amount will be adjusted to your spending in 1 full month.
As long as the flow of money in and out each month is known --- if there is excessive spending then it is enough to reduce it in the next month.

[khiholangkang]

im sure we all have new financial goals this year the key to achieving our goals would be consistency my advice and also something i would observe myself is tracking all my expenses

even writing down the prices we spend may make us a little shameful because of how much money we have wasted especially when we end up spending more than we should have

I have a financial goal this year and I have been doing financial records from 2024 and all of that teaches a lot of things that can be used as a source of data for us in our money use habits that we do during the month and accumulate per year, pa you often buy what we don't need to buy we can see it if we look at the whole and it starts from financial records so that this year I can also reduce spending on shopping activities that I don't need to do, you need to increase your source of income if you want to target money as a goal, because it will increase your cash flow, any amount of spending if your income is 100x greater then you will not worry about your expenses.

[Alpha Marine]

Because indeed recording expenses every day will be a little complicated and often you might forget to do it, setting the amount of spending every month is good, it means you already know how much to reach the maximum limit of what is set, I'm sure the fixed amount will be adjusted to your spending in 1 full month.
As long as the flow of money in and out each month is known --- if there is excessive spending then it is enough to reduce it in the next month.

I don't think I can write down the prices of things I spend every day. Thats a little bit extreme for me. What I can do is have an amount I can spend a week/month for specific things and try to stay within that budget. I have an amount I spend on food, gambling, hanging out an things like that. I know how much my utility bills are and since they usually stay within a certain range, its easier for me.
sometimes things might happen that you didn't plan for, things that my emergency funds for the month can't cover, but most times I stay within budget.

I dont think being overly strict with yourself means you're financially disciplined. You can still spend your money freely and still be disciplined on your budget. The fact that you are trying to e financially disciplined doesn't mean you haveto start writing down the prices of everything you spend money on and restricting yourself of things you need and can afford.

[el kaka22]

My financial goal has not changed for the past 15 years. It has always been "have enough money to retire today and not work if I want to without lowering my quality of life". If I can quit my job today, live the same life, and be able to afford it, then I reached my goal. I am too young to retire now of course, so it would not be wise to just stop, but having that money aside would be great, and I want to reach that one day.

This has been same for the past 15 years and will continue to be the same for a long time as well. I think it's clear that we are going to face some issues along the way because getting that much money is hard, but I also think that crypto world will make it easier for me to get there one day.

[ndutndut]

I don't think I am the type of being that likes tracking records of the things I have spent. I would prefer to map out a said amount to that, every month. If the money I map out for the month is spent, I know that's the amount I have spent for the month. I won't try to exceed that amount until next month, when I will think of bringing the same amount. That's what I will be doing each time of the month. I feel it's good that way. No stress of writing what and what you have spent on every passing day

Because indeed recording expenses every day will be a little complicated and often you might forget to do it, setting the amount of spending every month is good, it means you already know how much to reach the maximum limit of what is set, I'm sure the fixed amount will be adjusted to your spending in 1 full month.
As long as the flow of money in and out each month is known --- if there is excessive spending then it is enough to reduce it in the next month.

Recording daily expenses depends on each individual, as long as the goal is the same: achieving sound long term financial goals.
However many people often feel like they're not spending anything but their money quickly runs out because spending is easy but we forget to record it. So if you often forget it's better to record it. If it's a hassle you can do it once a month.

The goal isn't to torture yourself, but to become aware of your patterns. Recording your expenses also helps you see what you need to cut back on what you can eliminate and what you really don't need. Because money isn't just about how much you earn but also how you spend it.

[SquallLeonhart]

You will always note down the expenses if you have strong budgeting or like to plan your finances strictly. I have been doing it since years not because I have limited funds, but because I love to keep a track of my expenses and decide how much should I spend in the coming days. You too should start that and at some point, you will just start loving keeping a note because that will help you take much more informed decisions, and you might even cut your silly expenses which are not required at all in the first place. You should even be able to save some money if you follow the process without any deviations.

You will have to be consistent though. Without consistency, this will just be another new year resolution which lasted just for a couple of days. This month is really quite important because it decides how your year will go. If you follow consistency for the first month, the rest 11 months will follow your way.

[Findingnemo]

It is something I started doing in the middle fo 2025 just to get an idea of how much I actually spend and I am surprised that it was more than what I had in my mind because we don't usually consider small spending but it's still money goes out of our pocket that turns into a big once when we consolidate for a month.

And my goal for this year is to add a real estate property, maybe for my own usage because I wanted to move to a new location for personal reason so I might be buying one this year or atleast in the next one for sure.

[AmoreJaz]

It is something I started doing in the middle fo 2025 just to get an idea of how much I actually spend and I am surprised that it was more than what I had in my mind because we don't usually consider small spending but it's still money goes out of our pocket that turns into a big once when we consolidate for a month.

And my goal for this year is to add a real estate property, maybe for my own usage because I wanted to move to a new location for personal reason so I might be buying one this year or atleast in the next one for sure.

What I did before to monitor my expenses is to have a record of my daily expenses so I know where my money is going to. I know sometimes, it is quite a tedious task. But if you will do this at least one month and you will know where you can curb your expenses. And you will know what are the items that you need to look at so you can reduce your expenses. On my end, the easiest way for me to invest is to buy more gold items like jewelries because real-estate will require good amount of money and of course your time to weigh your options.

[ChocolateBitcoinK]

It is something I started doing in the middle fo 2025 just to get an idea of how much I actually spend and I am surprised that it was more than what I had in my mind because we don't usually consider small spending but it's still money goes out of our pocket that turns into a big once when we consolidate for a month.

And my goal for this year is to add a real estate property, maybe for my own usage because I wanted to move to a new location for personal reason so I might be buying one this year or atleast in the next one for sure.

What I did before to monitor my expenses is to have a record of my daily expenses so I know where my money is going to. I know sometimes, it is quite a tedious task. But if you will do this at least one month and you will know where you can curb your expenses. And you will know what are the items that you need to look at so you can reduce your expenses. On my end, the easiest way for me to invest is to buy more gold items like jewelries because real-estate will require good amount of money and of course your time to weigh your options.

Proper management is necessary, if we have financial management, we can spend money in the right place, avoid unnecessary expenses and maintain everything for the future. Only management is needed, which seems very difficult to many, but if we have it, we will get a lot of benefits in all areas, if we spend all the money only on the present without thinking about the future, then there is no guarantee of what our future will be. So at least by thinking about the future, we have to maintain proper financial management.

[Emitdama]

I have a financial goal this year and I have been doing financial records from 2024 and all of that teaches a lot of things that can be used as a source of data for us in our money use habits that we do during the month and accumulate per year, pa you often buy what we don't need to buy we can see it if we look at the whole and it starts from financial records so that this year I can also reduce spending on shopping activities that I don't need to do, you need to increase your source of income if you want to target money as a goal, because it will increase your cash flow, any amount of spending if your income is 100x greater then you will not worry about your expenses.

It is much easier to set a financial goal but trust me, it is really difficult to follow the financial plan because there will be times when we might end up spending more than we are supposed to and that will ruin the entire financial plan we had set. Setting a goal is always necessary if you want to achieve the goal much faster and financial planning will only help achieving that goal much quicker. Without a proper plan, you will be sailing in dark. Goals should be realistic though. We just can't set a random goal and think we can achieve it just by making a proper plan. It will demotivate us easily if we see that the plans are not going accordingly.

Yes, controlling your spending is something that your financial plan will help you with. You will have to stick with your plan though because without consistency, it will never work out. Also try not to deviate from the plan and things will gradually start moving forward.

[slapper]

Everyone says this. Every January it is the same thing.

Writing things down creates an awareness or whatever. But it is the shame part that gets me. Because shame doesn't actually work - the way we think it works? Like your brain doesn't go oh like I'm ashamed, fix this. Your brain goes "I'm feeling bad, let me get comforted, let me buy something". It's literally counter-productive.

The bigger issue though is this whole thing assumes the problem is you. Your spending. Your discipline. Your consistency. But what if it is not the fault of you at all? 

I'm not saying don't track. Track if you want. But the personal finance industry has been telling us all that poverty is a personal failing. That if you were just going to budget harder you'd be fine. Meanwhile rent goes up an average of 15% every year and wages don't move and we're supposed to feel bad about buying lunch?

Maybe the goal shouldn't be tracking with shame. Maybe it should be asking why we're all struggling this much in the first place.

[M47AK16]

im sure we all have new financial goals this year the key to achieving our goals would be consistency my advice and also something i would observe myself is tracking all my expenses

even writing down the prices we spend may make us a little shameful because of how much money we have wasted especially when we end up spending more than we should have

That's a sweet little goal, and a good one. Once you start writing your expenses it helps you eliminate the waste and pilferage, if there is any. I guess make a diary and write all you spend every day and try to analyze every week where you spent on stuff you didn't plan to.

I was never into writing the diary but few years back I started doing it and now I love doing it so much that I can't stop. I'm not talking about the expenses but a personal dairy where I write what all happened today. It helps me relive the good moments and feel super bad about the bad ones, which then helps me turn into a better person who is becoming the best version of himself, one day at a time .

[Fiasem20]

im sure we all have new financial goals this year the key to achieving our goals would be consistency my advice and also something i would observe myself is tracking all my expenses

even writing down the prices we spend may make us a little shameful because of how much money we have wasted especially when we end up spending more than we should have

Keeping track of expenses is good advice, but when I saw the title of the thread, I thought I was going to read about setting financial goals and a little bit about how to achieve them. 

Absolutely mate,I was expecting something related  to having a financial target then only getting to click the thread and read the Op’s post I saw something different.Anyways,it’s good most people are advised on making the right move in respect to their finances.We’ve entered a new year and we expected to figure out those things that weighed us down last year and address them.Most individuals do say life is too short,so they’d rather lavish their money on item that isn’t even necessarily needed,it’s always advised that individuals should cultivate the habit of spending wisely.Spending wisely starts with having a financial plan and budget.

[r_victory]

My financial goals remain the same because they are based on my business. There are still some goals I haven't reached, so I want to achieve them first before starting to plan the next steps. I have a short-term and a long-term plan; I need to make some adjustments, but nothing that will derail me from the initial plan.

[Yamifoud]

Of course, if everything is just all about plans and actions without consistency, those efforts will just go into waste. Consistency is the key, as there's no sudden positive outcome in just a single click.

I always create my financial goals every new year comes, but not all of them have been hit, maybe because I'm not that consistent enough. But I've learned my lesson now, I just have to take one step at a time, no need to rush, until I'm starting to see clearly my financial goal turns into reality.

And just to add, always set reachable goals, because no matter how hard you work for it, if it turns out to be unrealistic ones, it will never hit you and you will never hit it.

[boyptc]

Little expenses that needs to be monitored and checked. Because if these expenses even they're so little, they could be impactful in the long run and you'd see how expensive they are when they're merged each month that they've been charged.

The subscriptions that have no use to you, you can watch movies or series on one platform and you don't have to be subscribed to all of them.

You're not watching all of them at once and that's why learn how to manage them and stop wasting so much time with those.

[HyperCodexV]

My financial goal this 2026 is to make, nothing short of about 100,000 dollar, that's if I am able to get some freelance jobs online. This year I will have to double my hustling spirit, else I will still be back again next year with this exact mindset. I need to change my financial story for the better.

[Makus]

we all have financial goals and targets that we hae set for ourselves this new yewr but that is not enough and what i mean by that is we can't simply achieve anything just by having plans there must be an execution, if we don't make plans we can't act on anything but it is also important that we also lut in effort to make sure that we hit our targets. To upgrade your finances you need to learn new skills and also find ways to get different sources of income,  these are the steps you are supposed to take to ensure all that, having a plan isn't enough

[Josefjix]

im sure we all have new financial goals this year the key to achieving our goals would be consistency my advice and also something i would observe myself is tracking all my expenses

even writing down the prices we spend may make us a little shameful because of how much money we have wasted especially when we end up spending more than we should have

It's not always easy to write down what you spend daily, that's a bulky discipline lifestyle so far, I don't and can't practice this to show how discipline I am, no, I can't try it.

What I usually do is been free in my spending habit, I only budget and spend it all and never goes back to my savings, I make sure I never go back to savings, I make sure I never go back to savings.

[Rhow]

im sure we all have new financial goals this year the key to achieving our goals would be consistency my advice and also something i would observe myself is tracking all my expenses

even writing down the prices we spend may make us a little shameful because of how much money we have wasted especially when we end up spending more than we should have

op, you have a point. Financial success is very important in life. To achieve financial success, we have to learn to control our money properly. We have to plan and invest our money. It is never possible to save by just keeping an eye on our spending.

But, to learn financial control, we have to reduce all kinds of expenses at the beginning. If we save it in a notepad or on the screen, we will feel ashamed when we look at it later. The money that we could have saved through unnecessary spending will be seen as spent. This will bring us back to our senses. So financial control education will be a good start.

But we cannot become rich by controlling our spending alone. As a result of controlling our spending, we can save some money. We have to invest using that savings. Investing is the only way to achieve financial goals. It is never possible to become rich by saving. We can become rich and financially successful only by investing on the same right platform and with the right rules.