These days, the phenomenon of keeping up with the Joneses is more pervasive than ever. The constant bombardment of images from advertisers, as well as our friends and family via social media is making Australians feel pressured to maintain a certain lifestyle, often to the detriment of their long-term financial goals.
Don’t short change your medium term goals
When it comes to setting financial priorities, medium term goals often suffer from middle child syndrome, not taken as seriously as the oldest or indulged as much as the youngest.
Small steps add up
Sometimes, when thinking about your long term financial goals, they can seem so big as to be insurmountable. But the truth is, those that achieve financial success don’t usually do so by encountering a sudden windfall.
What’s really holding you back from your goals?
Everyone has goals they want to reach, whether they relate to work, family, lifestyle, or sport, but it seems like only a few people achieve what they set out to do. For the rest of us, success seems to be just out of reach.
Achieving your dream of early retirement
Spending more time with your family. Picking up a brand new hobby. Exploring exotic destinations for longer than your scant weeks of annual leave would allow. However you paint it, retirement is a beautiful goal to work towards. And starting early means you’ve got more time and energy to enjoy it.