Did you know that only around 8% of people actually achieve their resolutions each year?
Also, another interesting statistic is that only 75% of those who set resolutions follow through with them after just the first week. Yes, that means that 25% give up THAT soon!
As you can see, the majority of people don’t make it far with their yearly goals.
However, that doesn't mean you have to be included in that statistic.
Before you completely throw out the idea of New Year's resolutions and judge people who create them, please keep the below statistic from Statistic Brain in mind:
People who explicitly make resolutions are 10 times more likely to attain their goals than people who don’t explicitly make resolutions.
This is why setting yearly goals for yourself is so important. You are much more likely to stay motivated and reach your goals when you actually set them.
So, let's make 2016 a great year. Let's work on paying off debt, saving more money, earning a higher income, living a better life, traveling more, or whatever goal you want to reach.
Below are different ways to help you reach your yearly goals so that you can make 2016 the best year of your life. Plus, I've included my goals for 2016 below as well.
EDIT: I've updated this post for 2017 goals. Check it out!
- How To Get Back On Track With Your Goals
- How I Paid Off $40,000 In Student Loans In 7 Months
- My Online Income Reports
- 75 Ways To Make Extra Money
- How To Save 50% Or More Of Your Income
Make sure your goal is SMART.
Have you ever heard of a SMART goal? Making sure your goal is SMART is a very important step.
What a SMART goal should be:
- Specific – What is your goal? Is it specific enough or is it too broad? What needs to be done so that you can reach your goal? Why do you want to reach your goal?
- Measurable – How can you measure your progress? How will you know if you're on track?
- Attainable – Can your goal actually be achieved?
- Realistic/relevant – Can YOU achieve your goal? Is the goal worth it?
- Time – What's your time frame for reaching your goal?
Write down your yearly goals for 2016.
Writing down your goal is a very important part of the process.
Doing so can help you remember it. Whenever I don’t write something down or have it in front of me on a regular basis, I usually forget about it.
If you can’t remember your goal, it would be very hard to reach it. I suggest that you think about:
- Creating a blog;
- Making a vision board;
- Putting post-its around your home that list your yearly goals;
- Placing reminders on your phone, and more.
Create a plan to reach your goal.
If you want to learn how to stay motivated with your goals, then one of the first things you should do after you create your goal is to create a plan. Without a plan, it would be difficult to reach a goal as you would just be all over the place.
You should create a plan that details the steps you need in order to reach your goal, what will happen as you reach each step, when and how you will track your progress, and more. Being detailed with your plan will help you reach your goal and become successful.
Keep track of your progress AND make changes (if needed).
To stay motivated with your yearly goals and become successful with them, you should review your progress every so often. You may want to check in daily, weekly, or monthly, depending on what type of goal you have and what personally works for you.
Keeping track of your progress is a good idea because it can tell you what you need to do in order to reach your goal, if you are behind, or if you need to make a change.
Related: I highly recommend that you check out Personal Capital (a free service) if you are interested in gaining control of your financial situation. Personal Capital is similar to Mint.com, but 100 times better as it allows you to gain control of your investment and retirement accounts.
My 2016 Goals:
- Get at least two months ahead on Making Sense of Cents posts. I would like to be at least a few months ahead when it comes to my beefier posts here.
- Grow Making Sense of Cents. I would love to help more readers, see even more engagement, have higher traffic, and so on. I love my blog and I would love to see it grow! 2015 was a crazy great year for my blog but I would love for 2016 to be even better.
- Be active every day. Whether this means just walking around the block or going for a long hike, I do want to be more active. Being in the RV full-time makes this easy because no one wants to spend ALL DAY in an RV, but there are days when I feel like I have so much to do online that I don't move from one spot.
- Have fun living in the RV full-time! Soon, we are going to put everything in storage and we plan on living in our RV full-time for the foreseeable future. I can't wait to see what our first full year of RVing will be like!
Here are some of my favorite photos from 2015 (follow me on Instagram to see more!):
What are your New Year's resolutions and yearly goals for 2016? How was 2015 for you?
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