{"id":3191,"date":"2021-11-19T16:42:00","date_gmt":"2021-11-20T00:42:00","guid":{"rendered":"https:\/\/www.simplifimoney.com\/blog\/?p=366"},"modified":"2022-11-11T15:52:23","modified_gmt":"2022-11-11T23:52:23","slug":"make-your-money-goals","status":"publish","type":"post","link":"https:\/\/www.quicken.com\/blog\/make-your-money-goals\/","title":{"rendered":"5 Ways to Make Your 2022 Money Goals a Reality"},"content":{"rendered":"\n<p>Paying down debt?<\/p>\n\n\n\n<p>Saving your first $5,000?<\/p>\n\n\n\n<p>Buying that investment property?<\/p>\n\n\n\n<p>If you\u2019re like most people I come across, you\u2019ve set a few BIG money goals this year and, of course, that gets me excited! Unfortunately, the challenge is that most people don\u2019t see their goals become reality and I believe it\u2019s simply because they don\u2019t know how to take one goal and create a solid system around it that can actually be maintained for the long haul. So this year letting your money goals slip away is&nbsp;<em>not<\/em>&nbsp;an option. I want to support you in getting results in 2022 \u2013 not merely setting resolutions.&nbsp;<\/p>\n\n\n\n<div style=\"\u2019text-align:center\u2019\">\n<iframe loading=\"lazy\" width=\"1280\" height=\"400\" src=\"https:\/\/www.youtube.com\/embed\/hSucqcZqcnw?rel=0\" frameborder=\"0\" allow=\"accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen=\"\"><\/iframe><\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>Now let\u2019s look at a common goal which came up during a social media contest I ran in partnership with Simplifi by Quicken App earlier in the year:&nbsp;<\/p>\n\n\n\n<p>Paying off student loan debt is all too common nowadays, but not impossible to tackle! Taking the points from the video above,<em><strong> <\/strong><\/em>I want to show how to create that solid system around this goal or whatever your own personal 2022 money goal is.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">So, here are my 5 simple steps to help you achieve your financial goals <\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">1. Know Your Numbers<\/h3>\n\n\n\n<p>In order to pay off your student loan debt, you\u2019re going to need to know exactly how much your outstanding balance is, what the minimum monthly payments are and what\u2019s in your budget so you can create the most accurate game plan to eliminate it. When you\u2019re not clear about what\u2019s really coming in and what\u2019s going out, it\u2019s impossible to set aside an accurate amount monthly that will help you reach any of your financial goals.&nbsp;Simplifi creates a custom plan based on your expected income and bills for the month, and shows you how much discretionary money you have left at any point. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2. Know Your Why<\/h3>\n\n\n\n<p>There\u2019s any number of financial goals you could\u2019ve chosen for this year. Why pay off your student loan? Ask yourself, \u201cWhat\u2019s my why?\u201d in addition to \u201cWhy now?\u201d When thoughts of eating out&nbsp;<em>again<\/em>&nbsp;creep in or joining your girlfriend on that summer trip to Dubai starts to sound really doable, knowing the why behind getting out of student loan debt NOW will remind you to delay gratification just for a season, so you can ultimately have what matters more to you.&nbsp; <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3. Set Your End Date<\/h3>\n\n\n\n<p>Once you know how much student loan debt you\u2019re in exactly and you\u2019ve tapped into your why, it\u2019ll be time to set a target date to have it actually paid off. If you realize that by putting an additional $275\/mo toward your student loan for the next 26 months will help you realize your goal, you can be more committed. You don\u2019t want to achieve your financial goal \u201cone day\u201d or \u201csomeday.\u201d You want it as soon as possible and the Simplifi by Quicken App allows you to not only track progress against an unlimited number of short- and long-term goals, but it also lets you add a target date in the future which will help you determine exactly how much you need to put aside each month to get there!&nbsp; <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4. Stay On Track<\/h3>\n\n\n\n<p>One thing that may get in the way of paying down your student loan debt is unnecessary spending in other areas. Using Watchlists in the Simplifi app adds another layer of accountability to your financial life and helps you stay on track because you\u2019ll be able to keep an eye on important aspects of your everyday spending. This will show you exactly where money is going and what can possibly be getting in your way&nbsp;<em>or&nbsp;<\/em>where there\u2019s an opportunity to eliminate some spending and redirect that money towards your student loan!&nbsp;&nbsp; <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">5. Review and Learn<\/h3>\n\n\n\n<p>Remember that this won\u2019t all fall into place overnight. You didn\u2019t get into student loan debt overnight and it certainly won\u2019t go away overnight. The most important piece to seeing this through is to not let your goal of paying it all down out of your sight. You\u2019ll forget anything you don\u2019t keep visible so whether it\u2019s once a month or once a quarter, make a habit of setting aside time to review your progress and take time to celebrate your wins and learn from the mistakes along the way.&nbsp; <\/p>\n\n\n\n<p>Getting started on setting bold financial goals is courageous, but we can\u2019t let overwhelm stop us from actually crossing the finish line.&nbsp; Add these 5 simple steps to every money goal you\u2019ve set this year and use the Simplifi by Quicken App to help you hit them all! Start your free trial at&nbsp;<a href=\"https:\/\/www.simplifimoney.com\/\">www.simplifimoney.com<\/a>&nbsp;or download the app at the App Store and Google Play Store and follow along on @simplifimoney in social media!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Setting bold financial goals? Add these 5 simple steps to every money goal you\u2019ve set this year and use the Simplifi by Quicken app to hit them all!<\/p>\n","protected":false},"author":12,"featured_media":433,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"5 Ways to Make Your 2022 Money Goals a Reality | Quicken","_seopress_titles_desc":"Setting bold financial goals? Add these 5 simple steps to every money goal you\u2019ve set this year and use the Simplifi by Quicken app to hit them all!","_seopress_robots_index":"","inline_featured_image":false,"footnotes":""},"categories":[108],"tags":[126,131,135],"class_list":["post-3191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-budgeting-savings","tag-financial-goals","tag-managing-debt","tag-student-loan"],"acf":[],"jetpack_featured_media_url":"https:\/\/www.quicken.com\/blog\/wp-content\/uploads\/2020\/04\/patrice.jpg","_links":{"self":[{"href":"https:\/\/www.quicken.com\/blog\/wp-json\/wp\/v2\/posts\/3191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.quicken.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.quicken.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.quicken.com\/blog\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.quicken.com\/blog\/wp-json\/wp\/v2\/comments?post=3191"}],"version-history":[{"count":5,"href":"https:\/\/www.quicken.com\/blog\/wp-json\/wp\/v2\/posts\/3191\/revisions"}],"predecessor-version":[{"id":5145,"href":"https:\/\/www.quicken.com\/blog\/wp-json\/wp\/v2\/posts\/3191\/revisions\/5145"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.quicken.com\/blog\/wp-json\/wp\/v2\/media\/433"}],"wp:attachment":[{"href":"https:\/\/www.quicken.com\/blog\/wp-json\/wp\/v2\/media?parent=3191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.quicken.com\/blog\/wp-json\/wp\/v2\/categories?post=3191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.quicken.com\/blog\/wp-json\/wp\/v2\/tags?post=3191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}