34SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Often when people set New Year’s resolutions, they’re ambitious but vague. For instance, a Fidelity survey found that the most common financial resolution Americans have this year is to save more, followed by the desire to spend less and pay off debt.Clearly, these are great goals. However, if you’re serious about results, it’s imperative to go one step further and scope out your plan of attack. You already know this, of course, but actually sticking to it is a different story.“Know thyself, so you don’t bite off more than you can chew,” says behavioral economist Hersh Shefrin. “Figure out where you want to go and structure the path in steps that are doable, so that you get where you want to go one doable step at a time.”Often times you need to repeat these steps over and over, until they become powerful financial habits that help you achieve your financial goals. continue reading »
There is no free lunch
Too big to grow?