It can be tough to stay motivated when you are working on big goals – perhaps your financial situation feels a bit overwhelming, or you’re just not finding the time to focus on your financial health.
Setting goals is easy – realising them can take some perseverance. The key is to focus on small wins. Celebrating small wins, is crucial to staying motivated and achieving your goals.
By taking the time to acknowledge and recognise what you have achieved, no matter how small, you will boost your motivation, and fuel your commitment to keep going. Remember it’s all the little changes that add up to make a difference. By reminding yourself that your efforts are paying off, you make it easier to stay committed.
With each win you increase your confidence, reinforcing your belief in your ability to manage your finances effectively. This confidence fosters resilience and helps you bounce back from setbacks.
Did you know that celebrating accomplishments releases feel-good endorphins, reducing stress and promoting overall well-being? So, celebrating achievements not only helps you on the path to financial wellness but boosts your physical and emotional health too!
Here are some practical and achievable ideas for small changes that can make a big difference.
Savings: Round-up savings: Some banks offer facilities that automatically round up your debit card purchases and invest the difference. It’s an automated change jar or digital savings solution!
Challenge yourself: Set small, achievable savings goals. The Stash app is a great way of gamifying the challenge. For example, if you make coffee at home instead of buying a beverage on the way to work, you can, then and there, reward yourself by stashing the saving into your Stash investment account.
Spending: Embrace "no-spend" days: Challenge yourself to avoid unnecessary purchases for a day or two each week. Cook more at home: Eating out can drain your budget. Explore delicious and affordable home-cooked meals.
Negotiate bills: Contact service providers like your insurance provider to see if you can negotiate a lower rate.
Debt Management: Avoid late payment fees and damage to your credit score by prioritizing minimum debt payments and where possible, pay more than you need to. There is a massive sense of achievement in improving your credit score and in getting a handle on debt.
If you're struggling with debt, decide to take control and explore debt solutions by seeking help from a financial coach.
Set yourself up to achieve and create building blocks to not only grow your financial fitness, but to motivate further progress.
Remember, it’s the accumulation of all the little conscious efforts that combine to make a difference.
What small wins are you planning to set up and celebrate?
“My finances were in a mess, so much of my salary was going to pay off debts, I felt like I was drowning, and I really didn’t know how to get back on track. I had a few sessions with a coach who gave me some great advice. I made some small manageable changes including ‘no spend days’ and more home-cooked meals. Bit by bit, it’s making a difference. I feel such a sense of achievement and I am so motivated to keep going.” – Lindi aged 28
Comentarios