financial goals

[MissNonFall9]

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 think your words are very important, at least at this moment for me. Because our ideas change with time. I used to think that it is better not to keep track or write down in note of expenses. Because it increases my worries a little and I am not spending on anything bad. Just because of this attitude, I did not hesitate to spend a little more. And now I think that even though it increases my worries a little, it has also changed me a little. When I go to spend something, I think a little about whether my expenses are reasonable or not. It saves me from a lot of unnecessary expenses.

[laijsica]

In my opinion it is good to keep track of expenses but sometimes getting stuck in the account book increases mental stress. It is not right to say that all expenses are wasteful, some expenses give us relief and increase our work energy. I think it is important to give ourselves a little leeway in addition to keeping track. Otherwise we may get bored and give up on the path to achieving our financial goals. Only if there is balance it is possible to maintain this habit for a long time.

it is actually draining to keep up with this, instead of keeping track of expenses it is better to create a budget and follow it instead of keeping track of expenses everyday

I have made expense accounts many times but it was tiring to write them down. I cannot implement it properly by allocating a budget only for the family, which reduces or increases it. I allocate a budget for investments and it can be implemented for other extra expenses. I think your mental perception can have a significant impact on reducing extra expenses.

[demonica]

I don't actively track my expenses cause I'm on the lazy type... But I tend to set a limit on what I spend to avoid overspending on stuff that isn't really important, or my overall expenses in general. I have a lot of minor expenses which makes it hard for me if I'm going to track and record all of my expenses...

Tho I would say that keeping tracks of your expenses is good. you get to monitor your cashflow and the amount of money going out. It's easier to know if you've already spent more than what you allot , so you can prevent to spend even more. I just think it's not for me since it's too much work and sometimes I tend to forgot all of the things I spend.

[Obulis]

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

Consistency as per going on with initial plan the previous year and do adjustment where necessary the New year? Doing financial management has always been part of the way towards achievement of financial goals. Watching out and avoiding some expenses that can render one penniless thereby making some targets hard to achieve is as important as getting some cash and setting financial goals.

[Nanga Parbat]

I have made expense accounts many times but it was tiring to write them down. I cannot implement it properly by allocating a budget only for the family, which reduces or increases it. I allocate a budget for investments and it can be implemented for other extra expenses. I think your mental perception can have a significant impact on reducing extra expenses.

It is very courageous to first establish a monthly budget and work on daily tasks accordingly.It is very important for those who have a certain amount of money to make a monthly budget.They have to spend money keeping in mind every necessary thing and they do not spend money on frivolous things.They try to save money from the budget they have made and invest it due to which the financial situation can improve.Because you also know that there are definitely ups and downs in life to face it one has to be financially strong which is why everyone makes investments.If you want to make your financial life better in the future then you have to control your frivolous expenses from today.

[blockman]

With the financial goals that we're setting, what we need to do is to make sure that we don't spend our hard earned money from things we don't need. From basic subscriptions of the streaming websites, we don't need them for real. And what we need to spend is only the things that we need and will make us productive. People who are financially free have overcome the need to buy things they don't need when they have money. Money the urge to spend that money when it's on us is there. But controlling yourself from stopping in how you handle it and keeping away from unnecessary spending is one way to reach your financial goals.

[Samlucky O]

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

Tracking expenses is a good strategy to help you mange your finances very well, but However sometimes we still don't track all expenses because it will be a big work load for us. But for me instead of keeping track record of all our expenses, we should have just write down our needs from want and focus on the most important ones regardless of the amount it cost. But keeping track record without having a plan of what to do with that money according to it most important and relevant, then there is no need to  track 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

Exactly my point.

[Unknown Op]

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

Tracking expenses is a good strategy to help you mange your finances very well, but However sometimes we still don't track all expenses because it will be a big work load for us. But for me instead of keeping track record of all our expenses, we should have just write down our needs from want and focus on the most important ones regardless of the amount it cost. But keeping track record without having a plan of what to do with that money according to it most important and relevant, then there is no need to  track 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

Exactly my point.

I think there could be different financial plans and different Kind of people make different plans . Many countries are facing the financial depression because they don't know how much money they should invest their money in anything. People are Investing their money in real estate which is good for them and the people who are doing job in progressing countries they are getting income for the survival only. If anyone want to be financial free then he should make long term plans and he will make short term plans he could be in loss with respect to money . People are doing businesses and the people who are running their own businesses they are living their life happy because they are not in the under of any person. Everyone should make financial goals and he should conquer the goals with time and should work on the weaknesses which is important.

[Yeesha]

With the financial goals that we're setting, what we need to do is to make sure that we don't spend our hard earned money from things we don't need. From basic subscriptions of the streaming websites, we don't need them for real. And what we need to spend is only the things that we need and will make us productive. People who are financially free have overcome the need to buy things they don't need when they have money. Money the urge to spend that money when it's on us is there. But controlling yourself from stopping in how you handle it and keeping away from unnecessary spending is one way to reach your financial goals.

Exactly, it very important for for us to know how we're going to go about fulfilling our goals. No matter how rich you are, if you don't know the best way to utilise and manage your resources you will definitely go bankrupt. Because just imagine something that you always pick from without additional top up, what do you think will happen? One day you will just wake up and see empty bowel. Budgeting is very important to ensure financial management, in order to promote financial stability. Life is unpredictable, so the best thing is to make the right decision by doing the right thing at the right time before its too late.

Spending lavishly is not always the ways to happiness. Being an extravagant person is an irresponsible act. Showing lack of discipline and immature behaviour. We should not only think about the present, but we should also think about the future. In order to prevent any calamity of poverty or financial issues. We definitely have to plan something that will benefit us in the future.

[Iroh]

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

Needless to say, everyone aims to grow and increase their wealth. And to do that, you should have a plan to get to a desired goal. I don't know of anyone that makes a new financial goal every year as most people make plans/investments concerning their financial growth typically having a lifespan of several months to years.
Consistency really helps a great deal. All around us are humans who can be very unpredictable so having a business or a service that people can depend on due to its consistent nature would naturally bring in customers and more business.
Tracking your expenses also helps in tracking and plugging wasteful expenses. Also very helpful in financial growth.

[Jody.Drummer]

With the financial goals that we're setting, what we need to do is to make sure that we don't spend our hard earned money from things we don't need. From basic subscriptions of the streaming websites, we don't need them for real. And what we need to spend is only the things that we need and will make us productive. People who are financially free have overcome the need to buy things they don't need when they have money. Money the urge to spend that money when it's on us is there. But controlling yourself from stopping in how you handle it and keeping away from unnecessary spending is one way to reach your financial goals.

What I personally feel is that there is a difference between money that we earn ourselves and money that is given by other people. With money that comes from our own hard work, sometimes I feel sorry for spending it so I pay more attention to spending it, whereas with money that I give, I tend not to be reluctant to spend it on anything, so sometimes I don't spend it with the utmost care. What you say is correct, the thing that needs to be paid attention to is that unnecessary expenses must be made, in other words we must prioritize our needs, not our own desires. If you can prioritize needs over desires, that is part of good money management.

[Berry2d]

Its clear know success comes without a Prepared financial goal because the goal serves as once target and makes it easy for one to get to a point of stability, most that finds it difficult getting to the top are once that have nothing to look up to like what they Want in life which is the goal. Some may neglect finance goal without knowing if such mistake is made, the probability of becoming successful becomes very slim except he is visited by favour as favour is the only success driving force that works without the help of anything including goal or other factors.

[EFS]

I do this as well. I already keep regular Excel files for many things and this year I created separate special files for some expense categories. I record my spending and I think this is very useful. I'm sure that the more regularly I keep records, the more financially successful I will be. This is important for keeping some discretionary spending under control. With economic difficulties around the world, it's necessary to save more. We are living in uncertain times where you never know what will happen next day.

[Bitcoin.com97]

It’s very necessary to set your financial goals , keep record of all your expenses, without proper planning getting financial stability will be kind of difficult, managing your resources is the first step for financial freedom , achieving your desired goal in life , spending money anyhow is not the best way for financial growth, most people don’t know what they want , they don’t differentiate between need and want , they purchases whatever that comes to their mind without keeping good record of their spending which is not good .

[DoranCat123]

a little shameful because of how much money we have wasted especially when we end up spending more than we should have

We all deserve to be happy in life. One thing I’ve learned that really helps improve your financial situation is to stop focusing too much on expenses and instead focus on how to increase your income. You have to think of ways to grow it, otherwise you just stay stuck living paycheck to paycheck.

Investing is one option, sure, but starting a business, even if it’s risky, is another solid path. The truth is, no one becomes financially successful without taking some risks. So the real question is, when are you going to start?

This is the best advice. There are lots of ways we can find in making money, we also need connections, knowledge, and a desire to become rich. And its always best to start doing it now. Maybe try learning a skill, thats what I did. No matter how slow you think it may seem, just keep on doing it and then you might find a way, or sometimes, a random person might just show up and that person might be the most important thing that changes everything. Life is full of mysteries and coincidences you know... Just have hope and get a paycheck first, then start learning a lucrative skill, something like sales, marketing, or whatever is lucrative now and has long-term value. Good Financial Literacy like tracking expenses, budgeting, investments, keep meeting new people, and then it suddenly goes well. Just gotta have that positive mindset that can push you through.

[junder]

I have made expense accounts many times but it was tiring to write them down. I cannot implement it properly by allocating a budget only for the family, which reduces or increases it. I allocate a budget for investments and it can be implemented for other extra expenses. I think your mental perception can have a significant impact on reducing extra expenses.

Actually, recording expenses is a good thing because it can make our finances better monitored, especially in spending, but it is not easy because it requires good consistency. In my opinion, for some people who succeed in implementing it, they are very disciplined, but with those who fail like you, it doesn't mean it's not good, but I think apart from being tiring, there are other reasons too, because I myself have experienced it. So even though I no longer record expenses, I try to keep them under control very well.

[dunfida]

a little shameful because of how much money we have wasted especially when we end up spending more than we should have

We all deserve to be happy in life. One thing I’ve learned that really helps improve your financial situation is to stop focusing too much on expenses and instead focus on how to increase your income. You have to think of ways to grow it, otherwise you just stay stuck living paycheck to paycheck.

Investing is one option, sure, but starting a business, even if it’s risky, is another solid path. The truth is, no one becomes financially successful without taking some risks. So the real question is, when are you going to start?

This is the best advice. There are lots of ways we can find in making money, we also need connections, knowledge, and a desire to become rich. And its always best to start doing it now. Maybe try learning a skill, thats what I did. No matter how slow you think it may seem, just keep on doing it and then you might find a way, or sometimes, a random person might just show up and that person might be the most important thing that changes everything. Life is full of mysteries and coincidences you know... Just have hope and get a paycheck first, then start learning a lucrative skill, something like sales, marketing, or whatever is lucrative now and has long-term value. Good Financial Literacy like tracking expenses, budgeting, investments, keep meeting new people, and then it suddenly goes well. Just gotta have that positive mindset that can push you through.

Actually we do already have the idea but the main question on here is on how you would be starting up? Actually these are just basics or something you can read up from book about advises about on how to become rich or wealthy or would be successful on business but we do know that its not something that you can perfectly mimic out on what are those people do able to obtain or achieve. You are the ones will be creating that path and on how you would be managing things along the way. Each person would be having their own approach or decisions along the way on which it could be giving out that impact in speaking about results and outcomes. We are all wanting to become rich or something that speaking about financially free on which having that life without any debt or having struggles when it comes into this manner is something that it is less stressful.

Success isnt built or can be achieve overtime but rather this would be a marathon for those who are eager to change up on something but putting up that extreme work and wise decisions along the way and not just that simply sitting still and doing nothing.

[asrinur]

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

yea i hear you tracking expenses is a great was of trying to save and real certain goals we have for our lives, it allow us to see where we are spending and where we are over spending. we waste a lot of money daily on the stupidest things like coffee and eating out even cloths. we need to learn to live within out means of even under so we are able to save. saving now a days is not impossible but it certainly is alot harder then back in the days

[Obulis]

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

Tracking expenditures before making them or after making them is not enough but it is an impeccable part of financial goals. To start with when you say financial goals, is it just taking note of expenses before or after making it? If op or anyone says it's just planning and recording expenditures then it's just management of what you have weekly or monthly which is just part of financial goals that requires measures of also getting more finance(earning), savings and investing all these will happen in a short-term, medium term or long-term plan.

[Shishir99]

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

Well, money management is important. I planned dozens of times that I would keep track of my earnings and my expenses so I can see where I spend my money at the end of the month or the end of the year. The reality is different. I couldn't maintain the accounts, actually. I do not even remember where I spent my money, and I couldn't write down every time I spend money. I have planned this dozens of times, and I even created a spreadsheet to track my expenses. I ended up forgetting about it after a week or so. I wish I could do it to track my expenses. But I guess I am too lazy to maintain it.