As we approach a new year, setting clear financial goals is essential for anyone aiming to build wealth and achieve financial stability. A solid plan for 2025 can set the tone for lasting financial growth. Here’s how to create impactful financial goals for the year ahead and strategies to jumpstart your journey with confidence.

Reflect and Reset: Analyze Your Financial Standing

Before setting new goals, take time to review the past year’s financial accomplishments and setbacks. Analyze your income, spending habits, debts, and savings. Use this analysis to highlight areas of improvement and to establish a realistic baseline for 2025. This reflective step not only helps you see what worked and what didn’t but also ensures that you’re aligning your goals with your current financial reality.

Action Steps:

• List your 2024 financial wins and losses.
• Calculate your net worth, current savings, and debt load.
• Identify one to three financial habits that need improvement.

Define ...

Some people can classify a multi million dollar retirement as exhausting and others can classify it as effortless. When it is classified as exhausting, then you try too hard, overcomplicate, overthink and overdo; but when it is classified as effortness, you find an easy path to the desired results. The purpose of this write up is to inspire you to ask yourself if creating wealth to reach your desired retirement portfolio should be exhausting or effortless for you. 

Like most people, you might want it to be effortless but you might be finding it exhausting. If you resonate with this, then here is a formula to move from exhausting efforts to effortless state. This formula is inspired by Greg Mckeown’s work. When you reach the effortless state, you might encounter the following situations: you do something once and you benefit from it multiple times; or you stop trying so hard and start getting better results. 

When you are trying to create wealth, you need to overcome various emo...