A New Way To Think About Financial Goals & Investments In 2025
It’s that time of the year again. Time to lay out a calendar of all the things you want to do this year, set new goals, and to schedule the financial moves that will support all of this, and the future you are designing for yourself and your family.
Setting ‘New Year’s Resolutions’ may be cheesy and ineffective. Yet, annual financial planning and being intentional about what you want to try, do, and achieve in the months ahead is just intelligent.
If the past year was your best ever, there is still room to build on that. If it wasn’t, then plan for better.
Goal Setting & Financial Planning
Annual financial planning is essential to optimize tax savings and breaks, as well as to maintain the discipline and traction required to keep building your financial position.
Many simply focus on financial metrics as their approach to this. That may be how much they earn, rate of returns, portfolio value, net worth, or something more transactional.
These objectives can be an important part of getting what you want out of life. Yet, they are often a side effect or lever as well. Unfortunately, these metrics often become a proxy, and end up creating blindness to what we really want.
Achievements are great. Yet, in more recent years we seem to be learning to put more focus on how we want to spend our lives and time, than just sacrificing everything for vain financial metrics to keep up with the Joneses next door.
This leads to prioritizing how you get to spend your time over the next year. To book your vacations and time off in advance. To not only pay yourself in savings and investments out of your paycheck first, but also to block out time for wellness, healthy activities, practicing mindfulness, spending quality time with people you love, and for actually thinking about building real wealth versus running on the hamster wheel for a paycheck.
Investing With A Different Approach
The above is all great. Setting goals and investing with a focus on how you want to spend your time is important. It can help you make those leaps to designing and living your own life, versus being stuck in the rat race. It can help in refocusing on wealth and passive income, and how you go about achieving those financial metrics.
Going even further, how about goal setting and investing in line with what you really want to feel this year?
Digging deep, what is it that you really want to feel more of this year? What is your root why for all you are attempting to do?
Do you want to feel freer, more in control of your life, more certain about your financial position and future, and more valuable and proud of your investments, and more confident in the legacy you are building?
How will this impact the goals you set, and how you invest?
Passive income investments are incredible vehicles for giving you more freedom and power over your life. Real estate investments provide a concrete asset that can be relied on. Investments that provide essential housing for others can be a meaningful move that enables you to do something great, while being well compensated with strong returns at the same time. Investing alongside intelligent, sophisticated investors with strong financial positions though syndications can substantially bolster your financial security.
How will you invest to achieve and feel more of what you want in 2025?
