How to Stop Subconsciously Sabotaging Your Financial Goals 

Julia Carlson |

Many people set financial goals, but only a fraction of them achieve them. This is often because people subconsciously sabotage their own success. There are a number of reasons why people might do this, but the good news is that there are steps you can take to overcome self-sabotage and achieve your financial goals.

1. Challenge your negative beliefs about money.

Many people have negative beliefs about money, such as "I'm not good with money" or "I'll never be able to save enough to retire." These beliefs can hold you back from achieving your financial goals. Challenge your negative beliefs and replace them with more positive ones, such as "I'm capable of managing my money wisely" and "I can save for my goals." 

2. Identify your self-sabotaging behaviors.

Next, identify the actions that undermine your financial goals. Do you overspend on impulse purchases? Do you procrastinate on saving or investing? Do you make excuses for why you can't afford to reach your goals? Congratulations! You now have awareness of what to transform.

3. Set realistic goals.

Set realistic goals that you can achieve with hard work and dedication. Break down your larger financial goals into smaller, more manageable steps. This will make them seem less daunting and more achievable.

4. Make a plan to achieve your goals.

Once you know what your financial goals are, develop a plan to achieve them. This may involve creating a financial plan, setting up automatic savings transfers, or meeting with a financial advisor. Your plan should be specific, measurable, achievable, relevant, and time bound. 

A fun way to set a goal is to create a financial vision board. This can help you visualize your financial goals and stay motivated to achieve them. 

5. Enjoy your progress.

Set reminders on your calendar to review your finances regularly to see what you have achieved. This will help you stay motivated while you're making progress toward your goals. 


Information in this material is for general information only and not intended as investment, tax, or legal advice. Please consult the appropriate professionals for specific information regarding your individual situation prior to making any financial decision.  
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