3 ways to reclaim your money goals in 2021

Jul 18, 2021, 5:45 AM
(Unsplash Photo)...
(Unsplash Photo)
(Unsplash Photo)

Have you ever started out the weekend with exciting plans only to have them come to a screeching halt?

I have! That’s what happens when you have three little kids. The same is true of our money goals: Sometimes they get derailed.

But just because our original plans get derailed, it doesn’t mean we can’t achieve our goals. We only have to adjust and start again.

The midpoint of the year is sometimes called the Second New Year, and it’s the best time to evaluate your progress on your goals because you have time to adjust and make them a reality.

If you make them a priority now, you can still accomplish your goals by the end of the year. Here’s how:

Be honest about your current (or lack of) progress

 If you’ve been budgeting and tracking your expenses, you may be halfway to your goals. That’s fantastic!  

Unfortunately, not everyone is making progress on their goals.

Maybe a parent got sick right after you declared war on your student loans. Or maybe your job is still uncertain after 2020. When life happens, the best thing you can do is be honest about your situation.  

Start by looking over your recent spending. Remember, don’t shame yourself over what could have been.

Look at where you are with your money today and decide where you want to be by December. Adjust your goals and be honest with yourself.  

You may not have made the progress you had hoped by this point. But you still have the power to say, “I’m going to start working toward my future today.” 

Live on a budget 

A successful money plan has to start with a budget. I know, I know — nobody likes the b-word. But be encouraged, a budget doesn’t limit your freedom, it gives you freedom.  

If Taco Tuesday is in your budget and you’re still on track to hit your goal, that’s wonderful! That means freedom to enjoy chips and guac, instead of worrying whether dinner with friends is going to tank the bank account.  

It’s OK if you’ve fallen off the horse with budgeting. Just open a free budgeting app like EveryDollar and give every dollar a name. Make sure your income minus all your expenses equals zero. If you have more leftover, throw it at your goal!  

Get support 

If you’re married, you are each other’s first accountability partner, so sit down and dream together about the rest of the year during a budget date night.

Make it fun! Grab some of your favorite snacks and put on a good playlist to help you dive in, or dive back in, to budgeting and adjusting your financial goals.

If you’re single, find a friend you trust who’ll help you stick to your goals. This should go without saying, but a good accountability partner is not going to send you endless Amazon links! 

The hard truth is this: To achieve what you set out to, like paying off your car or finally saving for your kids’ college, you must sacrifice.

This might be a change your friends won’t understand. That’s why it’s so important that you connect with people who will support your financial goals.  

Once you get focused and intentional with your money, you’ll see progress, and your 2021 goals will turn into 2021 accomplishments!

Dave Ramsey

(Pexels Photo)...
Dave Ramsey

Dave Ramsey says: Pay off the debts in collection starting with smallest

There’s no upside to not paying what you owe. It’s an integrity issue, it’s a legal issue, and it’s a credit issue. Start knocking out the debt that’s in collections from smallest to largest.
5 days ago
(AP Photo/J Pat Carter, File)...
George Kamel

Make the most of marketing schemes Black Friday, Cyber Monday

We’ve all made our share of shopping mistakes on that fateful weekend after Thanksgiving, but not this year, my friends. Here are six money-saving tips that will make these sales work for you.
7 days ago
(Pexels Photo)...
Dave Ramsey

Dave Ramsey says: It’s best to pay off old and new debts

If you've borrowed money, it's best to pay off debt starting with the oldest to newest, as it can cause many issues.
12 days ago
(Pixabay Photo)...
Rachel Cruze

Your emergency fund is not for Christmas spending so keep hands off

When you’re trying to take control of your money, saving for an emergency fund is a crucial part of the process. Keep that emergency fund safe from your spending this holiday season.
14 days ago
(Pixabay Photo)...
Dave Ramsey

Dave Ramsey says: Best to wait until first house sells before buying another

In any economy, it's a smart play to sell one house before you buy another, especially if you're moving. Make sure the timing on the deal makes sense.
19 days ago
(Pexels Photo)...
John Delony

How to take control of election anxiety as Nov. 8 approaches

Don’t let anxiety and fear steal your joy, mental health or determination to do what’s right during this election season.
21 days ago

Sponsored Articles

(Desert Institute for Spine Care photo)...

Why DISC is world renowned for back and neck pain treatments

Fifty percent of Americans and 90% of people at least 50 years old have some level of degenerative disc disease.
Quantum Fiber

How high-speed fiber internet can improve everyday life

Quantum Fiber supplies unlimited data with speeds up to 940 mbps, enough to share 4K videos with coworkers 20 times faster than a cable.
Day & Night Air Conditioning, Heating and Plumbing

Here are 4 signs the HVAC unit needs to be replaced

Pool renovations and kitchen upgrades may seem enticing, but at the forefront of these investments arguably should be what residents use the most. In a state where summertime is sweltering, access to a functioning HVAC unit can be critical.
3 ways to reclaim your money goals in 2021