Create a goal to motivate you while saving

Did you ever play Bejeweled Blitz? I know… very 2000’s but one thing that stuck with me is the daily 3 star challenge – hit the targets and receive one of the rewards; 1, 2 or 3 stars depending on your final score.

If you didn’t check the required scores in advance – how often did you hit them? You’d often *blitz* away happily but not knowing how close or far you were to the goal you may have missed the final frenzied surge required to smash that target.

Are you seeing the analogy?

If you have a goal, you’re far more likely to achieve it.

Sometimes you need help to set that goal as well – for example, so many first home buyers believe they need 20% deposit to get in the market and this just isn’t true. We’ve met with first home buyers and given them a range of targets – their 1,2 & 3 star goals if you like – and its surprising how often we find they’re already there.

As a final point, when you’re working towards a worthwhile goal it’s amazing what you can go without. If you knew it was only for a short time, say a matter of 12 weeks, what would you be prepared to forgo to achieve your goal?

Financial wellness series with thanks to MFAA

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Two Red Shoes Copyright © 2020 All rights reserved. Call on 02 9002 0380, 0404 494 929, email us  or 'old school' fax 02 9002 0381

Jarrett Group Pty Ltd atf Jarrett Group Discretionary Trust trading as Two Red Shoes hold Australian Credit Licence No: 428614 and are members of an external dispute resolution scheme. Details of our complaint resolution process can be found here or please see our credit guide. All information contained on this site is general information only, and does not take into account your particular financial situation or needs. You should consider your personal objectives, financial situation along with the recommendations of your trusted advisors.

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