You’re more likely to achieve your goals if you write them down – 42% more likely, according to this oft-cited study.

It worked for Brad Gushue (guys, seriously, you have no idea how exciting it is for me to meld my two passions – $ & curling – into one post)…

And it’s worked for me too (granted, on a much smaller scale).  The financial goals I set myself here on this blog are the first goals I’ve ever written down.  Aside from here on this blog, they’re also written down in a journal that I look at often – almost daily in fact – so they are always fresh in my mind. At the end of each month I track my progress on each goal (total nerd, I know). Just doing those three things – writing them down, reading them often, and tracking progress – has been invaluable for me. I’ve already achieved most of my goals, and am on track to achieve the rest* by year end! Yay me! So, needless to say, I’m a huuuuuuge fan and will be repeating this process year after year… pretty much FOREVER.

If you want to do the same, here are a few ideas for financial goals:

• Max out RESP contributions for the year

• Max out RRSP contributions for the year

• Max out TFSA contributions for the year

• Make a specific amount of extra mortgage payments

• Keep your household annual spend under a specified amount

• Reduce debt by a certain specified amount or eliminate it altogether

• Not incur any new debt

The beauty of financial goals is that they’re typically pretty easy to measure! So try it out! Set out a few financial goals and CRUSH ‘EM!


* other than keeping our household spend under $80,000 for the year, which I suspect we’ll surpass by a smidge, but still a tremendous improvement over last year’s spend of over $96K!