Create a plan & work towards your goals

The next step towards achieving a savings goal is to break it down into chunks – how much can you save each week, fortnight, or month? How long will this take you to achieve your goal – is that timing ok? If not, can you work backwards – divide your goal by the number of paycycles you want to achieve it in & work towards that.

Can you increase that amount by 5%? 10%?

What can you cut to get closer? Lunches out? Coffee? Amazon subscription? Foxtel?

Can you have a garage sale to top up your savings? Cancel the ZipMoney and Afterpay? Ask the boss for a cheeky raise?

I’m inspired by the Peter Thiel quote “what would it take to achieve your 10 year goal in 6 months?” it’s outrageous, outlandish, astounding – and inspiring.

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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