It’s the start of a new year, which can be a great time to reflect on the previous year and look ahead to the upcoming year. With that in mind, this post is a simple – yet important – one. It asks three questions.
  1. In regard to your personal finances, what did you do well in 2016?
    • Don’t focus at all on the negatives here. Simply list what went well.
      • Did you increase your net worth? Or, did you start tracking your net worth for the first time?
      • Did you contribute to a retirement account?
      • Did you pay down some debt?
      • Did you not buy something you impulsively wanted or couldn’t afford?
      • These are just a few examples. Give yourself credit for all the things that did go well.
  2. In regard to your personal finances, what do you want to accomplish in 2017?
  3. Remind yourself WHY you value money in the first place. 
    • Remember, money is a tool (not a complete solution) that allows you to move closer and closer to living your ideal life.
    • Are you spending and saving in ways that are consistent with what you value?
    • Do your goals for 2017 move you closer to your ideal?
    • Does keeping these big picture goals in mind help you spend more prudently?
If I can be of any assistance in helping you make financial progress this year, please let me know.
Until next time,

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