Tips for Sticking to Your Financial Goals & Budget

Melanie Dabb, Extension Assistant Professor

The principles of financial management are simple, but simple doesn’t necessarily mean that it’s easy. One of the biggest challenges to reaching goals and developing financial habits is discouragement. It takes time and effort to stick to goals and often we lose interest when we feel we have put in a lot of work and only made a little progress. The key is to keep going.

These four tips can help you stay motivated and on track with your financial goals and budget:

1. Root your actions in positive thinking
2. Ensure action is self-motivated
3. S.M.A.R.T. goals
4. Identify triggers and barriers

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