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The start of a new year always brings excitement, and often, resolutions. But when it comes to money, too many resolutions fade by February. The key to lasting progress isn’t setting bigger goals, it’s setting better ones.

At EFS Advisors, we believe your financial goals should reflect your life, not just your numbers. Here’s how to create goals that motivate you all year long and beyond.

1. Get Clear on Your “Why”

Before diving into spreadsheets or budgets, pause to reflect on why you want to reach your goal. Are you saving for more family time, early retirement, or peace of mind?
Understanding the emotional reason behind your financial goals makes it easier to stay committed, especially when life gets busy. When your money goals connect to your values, every dollar has a purpose.

2. Make Your Goals SMART

Specific. Measurable. Achievable. Relevant. Time-bound.
These five traits turn vague ideas (“save more money”) into real action (“save $5,000 for emergencies by December 2026”).

Here are a few examples of SMART financial goals:

• Pay off $10,000 in student loans within 24 months.
• Contribute $500 per month to your retirement account.
• Build a six-month emergency fund by the end of the year.

When your goals are specific and realistic, you’ll know exactly how to measure success.

3. Break Big Goals into Small Steps

Big goals can feel intimidating. Breaking them into smaller, manageable milestones helps you stay motivated and track progress along the way.

For example:

• If your goal is to save $12,000 this year, focus on $1,000 per month.
• If you want to reduce debt, start with the smallest balance first and celebrate each win.

Small steps create lasting habits, and habits drive long-term success.

4. Review and Adjust Regularly

Life changes, and so should your financial plan. Whether it’s a new job, a major purchase, or a change in family dynamics, it’s important to revisit your goals regularly.

Set aside time each quarter to check in on your progress. If something isn’t working, adjust your plan rather than abandoning it. Flexibility is part of financial confidence.

5. Don’t Do It Alone

Accountability makes a big difference. Sharing your goals with someone—whether it’s a spouse, friend, or financial advisor—can help keep you on track and motivated.

An EFS financial advisor can help you refine your goals, track your progress, and adjust your plan as life evolves. You don’t have to navigate it all by yourself.

Start 2026 Strong

The new year is a fresh start and the perfect time to align your goals with what matters most. Whether you’re setting new goals or refining existing ones, having a written plan (and a trusted advisor) gives you clarity and confidence for the road ahead.

Need help setting or reviewing your financial goals for 2026?
Reach out to an EFS Advisor today to create a plan designed for your future.