Top Professional and Personal Goals for Women
At the beginning of the year, you might have had big plans for what you hoped to accomplish in your personal and professional lives, but setting goals is often easier than meeting them. Many times, women often have to work harder and smarter than men to get ahead, so now is a great time to review some of those goals you may have set at the beginning of the year. You still have plenty of time to catch up.
Cut Back on Monthly Expenses
If one of your goals has been to reduce your monthly spending, you are not alone. But that’s often easier said than done, especially with the recent surge in the prices of goods and services. Luckily, women have several options. If you have debt from school, you may consider refinancing it into a new loan. You could end up with more favorable terms, allowing you to trim some of your monthly spending.
Consider Your Net Worth
Run some numbers and consider what you would like your net worth to be by the end of the year. This helps you keep track of how your wealth is growing over time. You just need to add up your assets and subtract anything you owe. The number you come up with is your net worth. As you pay down debt manage your money smartly and increase your savings, this number will gradually increase. Life events such as getting a car or home, starting a business, or receiving a raise, can all affect your net worth.
Review Professional Goals
It’s easy to forget about your professional goals after you have set them. If your primary focus has been to earn enough to pay the bills, you might have put your goals on the back burner. However, without setting goals, you may find it difficult or even impossible to get ahead and bring in more income. It’s in your best interests to stick to your goals. Think about where you stand in relation to what you had hoped to achieve. Think about whether you are still excited about these things or whether going in another direction can give your career a much-needed boost. Consider what you might be able to accomplish, whether it is getting a certification, joining a professional association, or doing a project. Make a list of the things you need to do to accomplish this and write it down. Break the tasks down into tasks you can accomplish each week or month.
Set Up Any Needed Accounts
Perhaps you have been meaning to set up a certain account, whether it is a savings account for a financial goal, a certificate of deposit, or another account to save for retirement. No matter what it is, don’t delay getting it set up. With every day you put it off, you are losing the potential for your money to grow. Decide to block off a few minutes to just get the task done. If you are nervous about doing it yourself, consider setting up an appointment with your financial institution so they can guide you through the process. They can answer any questions you may have, and they will likely make things a lot easier for you.
