The New Year is upon us and with that comes New Year's resolutions that research shows few people ever stick with. Strava, the social networking site for athletes, showed that after studying 800 million user activity data points, by January 19th most had already abandoned their resolutions - just 19 days into the new year!
A study conducted by University of Scranton found that only 8 percent of people succeed in keeping their resolutions. Maybe you can relate to these studies having failed to keep your own goals. We certainly can.
Setting goals is the easy part. Actually accomplishing them is the real challenge!
Let's look at some tactics you might consider to improve your chance of looking back on 2020 as your best year ever, especially in your personal finances.
1. Start routinely talking about your behavior with money.
You've heard us say it before, "money is not the root cause of your money problems. It's your behavior...
As we come to the end of another year it's a great time to start doing some reflection to look back on 2019 and determine how well you did in taking a step forward to become a debt-free millionaire doctor. In this blog we’ll share some tips on how to look back to make 2020 an even better year as you work toward becoming debt-free.
For those that got out of debt in 2019 congratulations! Tell us your story here.
You’ve taken an incredible step forward in building wealth now that you are free from your debt! Make sure to take some time to celebrate this incredible milestone. We also suggest sharing your success with others. This isn’t meant to be a way to brag about your success, but instead to show others who may be in a similar situation it is possible to get out of debt.
You are an inspiration to many who think it’s not possible to live in a way that leads to debt freedom. Share your story so others can do the...