4 emotional hacks to keep you sticking to your financial plan - Business Insider

, I see a common pattern emerge. They make a decision to "be better with money" and then spend time crafting the perfect financial plan, but within weeks, the initial fresh optimism fades along with the plan.The truth is, the best financial plan is one you can actually stick to from the beginning. Expert information and advice is everywhere but only you can decide if it aligns with your values and is realistic for your lifestyle.

The exciting thing is that you can choose the lifestyle you want to lead. Whether that involves a stable life focused on building a family or a spontaneous life traveling the world , design your life and your financial plan to reflect your goals.Perhaps you want to change careers or relocate or prepare for a family. This is yourWe all have a deeper self-narrative that drives our life decisions and money matters are no exception.

Start here: If you find yourself being driven by a negative mantra, realize that money is nebulous. It's not a winner-take-all sport. Replace the thinking with a specific action such as "I am learning about my spending habits." Step one of any financial plan is monitoring your spending. You'll need to uncover your hidden spending; you can't manage what you can't see.

Go ahead and be ambitious with the amount that you're looking to save or be ruthless with spending cuts, but regardless, for a plan to stick you must be honest with yourself. Build-in forgiveness to reduce the shame around failing. We're all human and failing isn't a possibility, it's an inevitability. Have slack built into your plan so you can quickly bounce back into recovery.

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