Achieving Your Financial Goals

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Achieving Your Financial Goals, Part 3: Stick to your plan

Achieving success with your financial plan takes focus, patience, and room for flexibility. It pays to stick with your plan, even through life's ups and downs. Here are useful tips and resources that may help.

Healthy financial habits are key

Pay yourself first - Track your spending - Create a safety net - Pay down high interest-rate debt - Pay on time, everytime - Know where your credit stands - Review your insurance annually - Save for retirement
One of the best ways to make your financial plan successful is to adopt healthy financial habits and stick with them. It's a good idea to focus on just one or two that seem most relevant to your goals. Start there, then build or focus on new habits that will help you as you go. Learn more about the 8 healthy financial habits.

Take the speed bumps in stride

28% of people experience a significant unplanned expense each year. So focus on being prepared — no overwhelmed.
Source: Grow
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Even the most carefully crafted financial plans sometimes need adjusting. Situations and priorities change, and surprises like unexpected repair costs, medical expenses, or tax bills can derail or delay your plan. It's how you respond that counts. Have confidence in your plan and learn more about how to be flexible and smart when adjusting your financial plan.

Celebrate milestones

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A financial plan typically takes time to bear fruit, so don't forget to nurture it along the way. Be sure to celebrate the milestones, such as when you reach a monthly savings goal for the first time. Learn about how tools such as My Savings Plan® can help you track your progress and find reasons to celebrate.

What's Next:

In next week’s email, we'll share things to think about if you
need to borrow to reach your goal.
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