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#VDMWealthTipoftheDay: Setting Yourself Up for Success in 2021

#VDMWealthTipoftheDay: Setting Yourself Up for Success in 2021

December 07, 2020
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What if we changed our mindset from reflecting on the negative to focusing on what kind of 2021 we want to have?  Though many of us are ready to say, "Peace out 2020!", this is a great time to gear up for 2021 before the year ends.  Here are 3 tips to set yourself up for financial success in 2021:

  1. Love yourself and reflect.

What have been the biggest challenges this year? What changes do you want to see for the New Year? What do you envision your life to be like in 2021?  Self-care is not selfish; make some time to think about what you want for yourself in the New Year.

2. Take inventory your finances.

Review your spending and debt, as well as all sources of income. Is there a huge gap between what you bring in and what comes out? Does this gap cause you and your family stress?  Are there opportunities to create more income?  Strategies like calling your mortgage company to take advantage of low rates, or giving yourself the courage to ask for that raise can help set the stage for a strong 2021.

3. Get a plan and an accountability partner.

If you feel like there are obstacles you're not sure how to deal with or it's too overwhelming to handle it on your own, now is a better time than ever to lay out a solid plan to overcome those challenges.  Share your goals with your partner/spouse of your closest friends.  You want good people in your corner to cheer you on along the way, and part of that means having a trusted partner to guide you in your journey.

Ready to feel more confident in 2021 and for years to come?  Yeah, we want that for you, too.  Schedule a Discovery Call with us today, and let's take on 2021 together.