One More Month to Reach your Financial Year Goals

One More Month to Reach your Financial Year Goals
June 3, 2014 Linda Murray

iStock_000002289637SmallIt’s the 4th of June and you know what that means; you basically have one month (give or take) to reach those end of year financial goals. How are things looking at this point? Are you concerned about the fact you have a shortfall in your finances or happy in the knowledge that you have surpassed your financial goals?

The end of the financial year can be a worrying time and while the new year can be an exciting period as you plan ahead for the upcoming year, reaching your intended goals for the current year can add much stress and negativity.

If you haven’t reached your goals, it may be a case of too little too late. But it also might not be. Use your knowledge wisely, understand “if not, why not” and move on from there.

You will also want to start the new financial year off with a clean slate, so endeavour to pay any debts and recoup any debts which are owed to you. There is nothing worse than having unwarranted debts hanging over your head.

With less than one month to go you need to be realistic. What will you be able to achieve in this short period of time? Sometimes having a short timeframe can positively help in achieving a financial goal. You may find that your motivation and focus becomes invigorated as the end of year draws near. Understand your priorities and get to work. If necessary, create a map for where you are now and where you want to be at the end of the month.

If there was something you planned to do and just hadn’t gotten around to doing, then now just might be the right time to do that. There may be some expenses that are best brought forward. Speak to your financial advisor or accountant if you are unclear about anything as the right advice is always the best advice.

One month may not seem like a long time but for an effective leader such as yourself, I am sure that you can achieve whatever you set your mind to, including those last minute financial year goals.

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