Breaking Down My New Year’s Resolutions

I haven’t made New Year’s resolutions in a few years. It’s not because I don’t believe in them or forget them by mid-year. In fact, I’m actually pretty good at keeping my resolutions.

Some years, I set ONE BIG GOAL. Experts say that having too many resolutions is a set-up for failure.

Most years, I set multiple goals and categorize these (money, health, work, etc…) When I have many resolutions, I have to do one or two things:

  1. Make sure my goal is not too vague. (i.e. instead of saying I will work out, say I will go to the kickboxing class every Tuesday and Thursday).
  2. Write down specific actions to achieve goals. By this, I mean if I resolve to eat vegetarian on Mondays, I also need to include actions that may help me achieve this, such as download 10 delicious-sounding veggie recipes.

Since this is a money-blog, I’ll focus on my financial and career-related resolutions.

  1. Get my house in order with a will/special needs trust, life insurance, etc.. My husband and I have been saying this for years! The first step is scheduling a meeting with a lawyer.
  2. Look into passive/side income. Research the rental market, perhaps increase funds in my peer-to-peer lending account.
  3. Focus at work.  I’ve been making too many mistakes at work and I need to get back to basics — focus on the project at hand, single task, read the fine print, etc.. — in order to get a good evaluation and rebuild my career capital.  I came up 3 concrete actions to achieve this goal.
    1. Have only 2 tabs open on my computer at one time so that I’m not clicking between 5+ different websites.
    2. Read career-related books or articles during down time.
    3. Print out important information so that I really read it instead of scanning, as I tend to do with content on screen.
    4. Limit blog reading time. I will read Grumpy Rumblings in the morning and that’s it. Note: I’m already breaking this resolution but it’s a slow day…

My other resolutions are mainly about nurturing self and relationships with loved ones.

 

Do you make New Year resolutions? Are you good at keeping them?

 

 

 

 

 

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5 thoughts on “Breaking Down My New Year’s Resolutions

  1. I love #4!

    And yes, get life insurance and a will! Life insurance is actually really easy because they will send someone to your house– you just need to pick a term and an insurance company (or shop around for insurance companies). We picked 30 years when my son was born because we figured that would cover both children (the second being a hypothetical child) through college. We picked 500K per person because of some formula we found on the internet based on income that I now think is a bad way to think about it– it’s better to choose the number based on expenditures (so, pay the house off and replace salary for X years, or house and college, etc.).

    Like

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