The most common financial goals people generally focus on include eliminating debt, investing and saving for the future.  While those are very important, there are a few other goals that are just as important.  These other goals provide the foundation for successful money management and are great for those who have limited knowledge or experience with managing money.   

• Focus on Increasing Financial Literacy– Learn as much as you can about money, it eliminates fear of any financial situations that may arise and reduces stress.
  • Commit to reading a book or articles about personal finance. There are many options available at little to no cost.
  • Meet with a personal finance expert.  They can walk you through money terms and how to manage money. (Schedule a FREE Money Strategy Consultation)
  • Take a personal finance course.  There are different courses and workshops available that focus on all aspects of money.

•  Focus on Developing a Positive Money Mindset– Your mindset triggers your financial behavior.
  • Your attitude and ideas about your personal finances play a significant role in how you manage your money.
  • How you respond to financial events is based on your mindset.  If your mindset is positive you will respond accordingly.
  • Create and say everyday positive affirmations. I am easily able to manage my money.  Money easily comes to me.

• Focus on Developing Good Financial Habits– Good financial habits help you stay out of financial trouble.
  • Tracking your spending allows you to course correct if necessary.
  • Making saving a priority.  Paying yourself first and stashing in an online account helps to protect you against any financial emergencies.
  • Living below your means allows you to always be in control of your money.

• Focus on Creating and Using a Money Plan this Year– A money plan puts you in control of your financial resources.
  • Create a budget to assign a job for every dollar.  The job can be covering expenses, investing, saving or eliminating debt.
  • Set a weekly/monthly financial date to review your money.  Always being in the know, keeps you in control.

These financial goals along with the most common ones help you to stabilize your finances and prepare for the future.

Let me know in the comments which of these goals you are going to focus on first.