Creating financial goals that stick requires a combination of careful planning, discipline, and a willingness to adapt to changing circumstances. Here are some steps you can take to set and achieve your financial goals:

1. Start by identifying your priorities and values. What do you want to achieve financially? Do you want to pay off debt, save for retirement, or build an emergency fund? Understanding your priorities will help you create specific, achievable goals.

2. Set SMART goals. Your goals should be Specific, Measurable, Attainable, Relevant, and Time-bound. For example, instead of setting a goal to “save more money,” set a goal to “save £250 per month for the next year.” This goal is specific, measurable, attainable (assuming you have the means to save $500 per month), relevant to your priorities, and time-bound. If saving is your goal, then we suggest that you open a savings account where you can put your money. This way you won’t be tempted to ‘break the piggy bank’ and take money out of your savings account.

3. Create a budget. A budget is a plan that helps you allocate your income and expenses in a way that allows you to achieve your financial goals. By tracking your spending and making adjustments as needed, you can stay on track and reach your goals more quickly.

4. Find ways to increase your income. In addition to cutting expenses, you may also want to consider ways to increase your income. This could involve negotiating a raise at work, starting a side hustle, or finding a higher paying job.

5. Stay motivated and accountable. Achieving financial goals can be challenging, and it’s important to stay motivated and on track. One way to do this is by finding an accountability partner or joining a support group. You could also consider working with a financial advisor or coach who can help you stay focused and motivated.

6. Be flexible and adaptable. Life is unpredictable, and it’s important to be willing to adapt your financial goals as your circumstances change. If you encounter unexpected expenses or setbacks, don’t be afraid to reassess your goals and make adjustments as needed.

By following these steps, you can create financial goals that are realistic and achievable, and that will help you build a stronger financial future.