Financial habits or ruts?

Farm Forum

I read an article the other day that was very thought provoking to me. I thought I would share parts of it with you to see if it had the same affect. The author talked about how she was thinking about her life one day; how much of it was on autopilot. She wondered if how she spent her time and money was reflective of what was most important to her.

For the most part, she paid the same bills every month; ate the same food every week; woke and went to bed at the same time every day; spent and saved the same amount of money each month. She thought her life was comfortable so why would she want to change anything? Then she wondered… is what I do, what is best for me?

When life is comfortable; it is easy to keep doing what you are doing without thinking about it. It is only we get our back against the wall; really get uncomfortable that we begin to be creative and find ways to improve our life. If you think about it (rather than be on autopilot) could you eat healthier, save more money, and spend your time and money on what truly is important to you?

Habits (ruts if they are bad habits) are hard to break free of. New habits can be even harder to establish. So, why not make a plan – set goals and create a plan to succeed at creating new habits.

· Make sure your goals are SMART (specific, measurable, attainable, realistic, and timely). Goals should state what needs to happen and by what date. Write them down and review them often.

· Set short, medium, and long-term goals. Reaching certain goals takes a long time. To stay motivated, be sure to set realistic short term goals that will lead to your final goal.

· Develop a plan for each goal. Brainstorm strategies or steps to move you closer to the goal. Involve your spouse and the whole family. They may have good ideas also.

So does your life exist as a habit or are you in a rut? What new financial habits can you establish to get better results?

Reach Karen Slunecka at 605-626-2870 or