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Looking ahead to the new year

I hope everyone has had a wonderful Christmas and if you’ve taken any time off this week (as I have), I hope it’s been a great one so far, and somewhat relaxing. For some, the end of the year is a time, at least mentally, to reflect on this past year’s accomplishments and perhaps to many others, it holds hope and  promise for the next one.

When I started this blog nearly five months ago, I wasn’t really sure what to expect. If it would take off, or if anyone was listening. I mean, there’s literally thousands of personal finance blogs out there, and although it’s grown albeit somewhat slowly, I’m very thankful for all of you, that week-to-week, take the time to stop by and read what I have to say.  I’ve since reduced my postings to once a week, which sure has freed up a lot of my time. Yes, I’ve lost a few visitors since, and along the way, but I’d rather focus on delivering higher quality content and I still have a lot of content to cover for this upcoming new year, so stay tuned.


Apparently there’s a lot more things you can do this year to improve next, besides visiting my blog, subscribing to my posts by email,  RSS, following me on Facebook, retweeting and commenting on my blog, Who would have known? All kidding aside, it’s important to have a game plan. So here’s some things to think about for the new year:

Set some goals. What do you want to achieve? Not just financially, but in all aspects of your life. You know in a job interview, you get faced with that age-old question “where do you want to be five years from now?”. Well where do you want to be one year from now? Think about any upcoming events in your life or ones you’re working towards and the money will follow. Well not literally follow, but let’s say you’re planning a trip, and you’re a little short on money right now, if it’s truly your priority, you’ll do whatever you can to make that happen. That’s where objectives come in.

Set some objectives. Many confuse goals with objectives, but with objectives you set targets – they’re measurable and tangible. It’s one thing to say “I want to reduce my debt”, but how will you do it? Your objective might be that you want reduce your debt by $10,000 this year by reducing your spending in certain categories, or a raise from your current or new job, which you can then apply towards your debt. The point is to make it realistic. One way to do that is to set a budget. If you haven’t yet, now is the perfect time to start.

Keep a list of all the projects you complete this year. I’ve been doing this for quite a few years now. Every time a new project lands on my desk, big or small, I document my progress, so everyone in my department knows where it’s at. Even if you all you do is create a simple list of all your completed projects for the year, when it comes time for your performance review at work and you’re looking for that raise or even if you’re looking for a new job and you’re trying to think back on the year’s accomplishments, it’s sometimes difficult to remember. Don’t let others decide how much you’ve done this year or how much you’re worth. And finally…

Record this new year’s special moments. I haven’t done this one yet, but I’m starting on it. I’ve set aside a jar for the year, to set aside any of our family’s real special moments we have this year and to reflect on our own personal accomplishments. So when we look back at it the end of the year, we can look back and reminisce at what a fantastic year it’s been. I challenge you to try this too. A lot of the times it’s not the money, but the little things that bring us the most joy.

‘Til next time, thanks again, keep following, keep sharing and I wish you all a thrifty and prosperous new year.

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