Learn the 1 tip to help you reach your financial goals

Wed April 9th 2014

Juggling short term and long term financial goals all at the same time can be difficult, especially when there are so many advertising messages every day compelling us to spend our money.

However, no matter how compelling something is today, don't forget that to reach your long term financial goals, we need to manage the short term details well.

To have any surplus money for big ticket items like a house deposit, new car, overseas holiday or retirement, we must forgo some spending in the short term.

We need to spend less than we are earning to have something left over in the future. However if you are human, you aren't alone - many millions of people, even companies and countries struggle with this issue everyday.

The key ingredient to see results in reaching our goals in long term financial planning is Emotional Intelligence (EQ) or more commonly known is Delayed Gratification. Can we delay eating the marshmallow today to have two in the future? Often easy to talk about in theory but often very hard in practice.

Why is it so hard?

There are always deals of a lifetime that say, 'Quick buy now - this deal will never come up again!'

You see CEOs, marketing teams and salespeople - even entire corporations - go to work every day to work out new and enticing ways to get you to spend your money today rather than wait until tomorrow.

If this area is troubling you, why not contact us today and see how we can help you - many of our clients think of us as their financial coach. We can help you say no to something today so in the long term, you can reach your important financial goals - the things that really matter to you.