It’s that time of year again. Set goals and find a way to stick to them. Our goal at the moment is to finalize ours for 2010 in the next week. We haven’t managed to do so yet, as we are just now rolling back into town from our holiday with family on the west coast.

We all very well know that it is basic, but here are a few tips to achieve your goals:

Inspire Yourself. Whether it is paying off debt, saving for a new gadget, putting away for retirement, or balancing your accounts – you must find a way to inspire yourself to do so. What is the pay off for you? Make sure it is worth while, and you’ll be much more likely to achieve your goals.

Make it Achievable. Dream big, but not so big as to dissuade yourself or to become uninspired. Stretch yourself.

Keep Track of Yourself. Tracking your progress is also essential to making progress. You can continue to motivate yourself by seeing your progress, determine what you might be able to do to improve upon yourself. Give yourself timelines and stick to them.

Readers: What are your goals for 2010? We’d love to hear what is on the horizon!

Cheers,

Miel

MANAGE YOUR MONEY TOGETHER

Here are some simple guidelines for DINKS to build wealth:

1) Collaborate: Meet regularly to talk about money, set goals together, track and monitor them.

2) Understand and respect your partner. Take time to understand your partners values about money.

3) Watch the numbers. Get a budget, monitor your spending and track your net worth.

4) Max your retirement. Maximize contributions to your tax deferred retirement accounts.

5) Invest in stock. Stocks perform better than bonds or cash.

6) Avoid high interest debt. Credit cards and title loans are financial cancer.

7) Diversify. Don't put all your eggs in one basket.

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