Achieve Your Financial Resolutions with Peak
If you’re learning to set financial goals for the first time in 2019, or simply looking for a way to save more and stress less about money, the Peak app is here to help.
Research shows that only about 8 percent of people actually achieve their New Year’s goals, but we believe that there are a few simple steps that can help you increase those odds!
Check out this simple four step process for saving money, stressing less, and achieving your 2019 financial resolutions.
Step 1. Get mindful about your goals
The best goals are a direct extension of your personal values. One reason we often fail to reach our goals is because we set them poorly. When setting a savings goal, take some time to fully consider what you are saving for and why. Like Margie Warrell, the author of Brave said:
“Knowing your why is an important first step in figuring out how to achieve the goals that excite you and create a life you enjoy living (versus merely surviving!).”
Mindfulness practices are a great way to gain the sort of perspective you need to understand what those values really are. New to mindfulness? Try visioning, journaling, or something like the Peak app’s Breathe Easy function for a few moments of silence and focus before setting your goals.
Step 2. Create your peaks
Before you can make any progress towards your goals, you have to identify what they are. So, after you’ve spent some time acknowledging and understanding they “why” behind your goals, it’s time to get them out of your imagination and into the real world. It’s time to create your peaks! By naming your peak and spelling it out, this becomes your statement of intent.
Step 3. Automate good habits
Goals are great in that they provide direction and clarity, but goals alone do not always drive action. That’s where habits come in. Habits provide consistency, habits drive lasting change, plus– habits do not have a deadline. By automating your savings, you can instill a new, positive habit that allows you to save more and reach your financial goals quicker!
Step 4. Seek support
Your goals are unique to you, but that doesn’t mean you have to pursue them alone. Peak provides friendly in-app support via the Northbound blog: get advice from financial experts (the Peak Guides) and get inside tips from #goals-worthy 🙌 role models. You also receive direct access to our customer support team, directly in the app.
By following these four simple steps, you can align your passions with your goals to create meaningful savings peaks, automate your savings to ensure consistent, positive habits, and learn something new so you can feel confident about your finances heading into 2019!
Ready to get started?! Here’s to reaching new peaks in 2019!