Recently, I was at a sports hub for some walking and I noticed there were more than the usual joggers, swimmers, runners, bikers, and walkers—generally, people trying to get in shape. Know more:
Recently, I was at a sports hub for some walking and I noticed there were more than the usual joggers, swimmers, runners, bikers, and walkers—generally, people trying to get in shape. And then I remembered it’s New Year’s Resolution season and everyone’s trying to get back in shape after a holiday of eating and drinking.
It would also help to write them down and have smaller targets that are regular, say, monthly targets. For example, if you wish to open a new business by year-end, have a step-by-step plan that details your monthly goals leading up to business opening day in December. Of course, you can still work on other goals. You can also change goals in the middle of the year, if it is necessary. And, you can even start after January, if you feel more comfortable doing so. There are no hard and fast rules as far as personal resolutions setting is concerned. Give yourself ample time to plan before setting things in motion.
Some economic forecasters say that some economies of the world are in for what they call a slow recession. It’s always wise to prepare for things like this, so everyone must include in their priority list creating or increasing their emergency fund. In fact, it’s wise to do this before accomplishing any other financial goal. Having a stable backup is really important to be able to support all your other financial resolutions.
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