Want to make this your best year ever?
Most couples do, but many times we fall short of our intentions because we don’t have a target we’re striving towards.
This time of year, people are making resolutions and many of them will fail. That doesn’t mean making goals is pointless.
It means you two have to find a meaningful goal that excites you and one that can help in a big way.
Giving your finances a boost is typically a very smart move, but what if you’re stuck on figuring out a goal that is right for you?
Here are five crucial ones that can help you two build your marriage and wealth!
5 Powerful Financial Goals for Couples
Dump Your Debt
A debt free life can also give you more options and the freedom to stop them when they don’t work out.
Give Yourselves a Buffer
There are also many things in life we can’t control. However, we can give ourselves some breathing room and cushion for many of bumps by creating a buffer.
Be Able to Live on Less Than You Earn
Hat tip to Jeff from Good Financial Cents with this goal. No matter how much you make, learning to live on less is a crucial move.
you can invest the difference and build wealth or you can give yourselves some margin to experiment and try out things, like testing out another career or traveling more.
Have Giving a Core Part of Your Budget
Giving is one of those ways you can enrich your lives and others. Choose one charity or cause that matters to you and set aside something in your monthly budget to support them.
Perhaps you don’t donate more money per se, but you can arrange to volunteer more.
Prepare and Protect Your Family with Insurance
Not a romantic one, but still crucial. Life happens and when it does, you can get some peace of mind knowing that your family’s financial needs are taken care of during the recovery.
Double check and if needed, update your will and insurance coverage.
Be SMART with Your Goals
Whatever goal you choose, make sure you frame it as a SMART goal that reflects your circumstances and style.
Creating goals that are specific, measurable, and meaningful can help you two keep on track and achieve them.
Reboot Your Money and Year
It’s easy to get stuck with the living paycheck to paycheck cycle. We all have so much going on, getting off track is really common.
But then you’re stuck with the same debt.
The good news is you can break out of your rut and achieve your money goals together.
Sign up for the Reboot Your Money Course. It’s designed to help you two get on the same page to create and reach your biggest money goal this year!
Build Wealth Together
Stop worrying about money and start dumping your debt and building wealth as couple!
Get our free guide on how to hack your goals. Make 2018 your best year ever!