Process over Goals
Simply having a goal in mind isn’t going to change much. It’s the daily decisions that become habits that really make the difference. We talked about how to set smarter goals in our last blog post. Using those tips will give you a goal game plan, but it’s your daily actions and processes that change your life (and your money) over time.
Increasing your wealth isn’t about hoarding your money or even cutting down on your expenses. While that can certainly be part of the equation, it isn’t the whole picture. You also need to balance your time and your money. If you have a demanding career, it can be well worth the cost to invest in services like a financial planner to help you navigate your money. Or, like we mentioned above, allocate more funds to a debt to save you from massive interest costs in the long run.
This could also be something that would advance your career, like a class, certification or conference you’ve been putting off because you didn’t want to spend the extra money. Consider the long term return on that investment – it might be worthwhile to finally work that cost into your budget and cross it off your to-do list.