2018 Financial Goals

Summary

With 2018 just a few days away, it's that time of year to start seriously considering your personal and professional goals. Therefore, the topic of this weeks video blog is my interpretation of the top 5 Financial Goals of 2018.  I hope you're able to incorporate some of these financial goals into your overall 2018 goals. If you want to increase your likelihood of successfully completing these goals, then make sure to write them down, as studies have shown that those who write down their goals significantly accomplish more goals than those who do not write down their goals.

Here are the 5 financial goals I would love you to incorporate into your overall 2018 goals:

(1) Get Out of DEBT - If you have any type of debt, make it your mission to start paying it off in 2018;

(2) INVEST in the Markets - If you haven't already started investing in the markets, it's time to begin investing in the markets, and time to start building your wealth;

(3) Build an EMERGENCY Fund - You increase your chances of staying out of debt when you have a sound emergency fund in place. My husband and I experienced a triple whammy of events this past month where we had to replace our dishwasher, fridge and second car. We were able to withdraw $20,000 from our emergency fund to pay for all of these emergencies. However, if we didn't have an emergency fund, we would have had to  take on debt in order to deal with these unexpected events. I want you to have the money in your bank account to deal with whatever emergency life throws your way!

(4) Reduce your Monthly Insurance EXPENSES - one of the best ways to increase your wealth is to reduce your overall monthly expenses. I focus primarily on home and auto insurance expenses due to the incredible experience I've had saving hundreds of dollars a year on my insurance costs; however, feel free to tackle any other monthly expenses that you can successfully reduce.  

(5) GIVE BACK - this goal is by far my favorite goal of 2018, as it allows you to fill your heart by giving back to those who are less fortunate then you. If you are in debt, please understand that you do not have to give money, but can give your time by volunteering at your favorite charitable organization.

I'm really excited about accomplishing my personal, professional, and financial goals in 2018, and will be cheering each of you on in your quest to pursue your 2018 goals. Let's make 2018 the year that we all reach our fullest potential, and crush our goals!

I wish you and your loved ones a happy, healthy, abundant New Year!

with gratitude,

Adeola

Supercharge. Your. Life