Money Intentions Versus New Year’s Resolutions

by | Jan 1, 2021

Money intentions versus new year’s resolutions.  What’s the difference?

It’s January, time to make those resolutions! Or should we be saying Intentions?

Being a CEO is a big job. Yes, everyone is a CEO; you are in charge of your health and wealth.

This month we talk about understanding our emotions, setting goals, targets, and personal values. I like to think of it as creating an emotional compass. We all need and desire direction; it’s so easy to get lost. Our brains think negatively. So, how do we conquer those negative thoughts?

If we focus on intention rather than resolution, we immediately start with a positive mindset.

Common Resolutions:

I want to lose weight.

I want to save more money.

I want to exercise more.

What if, instead, we replace resolution with intention:

I want to eat healthily.

I want to be in control of my money.

I want to live an active lifestyle.

Now we start to see our intentions connect to our values. This intention is exciting because now we get to establish some goals and targets to provide the direction we crave and guide us to making choices that fulfill what is important to us.

You get to set your intentions—you are the CEO.

“To achieve goals you’ve never achieved before, you need to start doing things you’ve never done before.” -Stephen Covey

Stacy Borek Certified Financial Planner, Santa Barbara California

Hi, I’m Stacy and with more than 15 years of experience in the tax preparation and financial management field, plus 10 years of experience in health and nutrition, I’m especially aware of the connection between health and finances. I believe that it pays to take a preventative approach to both physical and financial health. My goal is to help you focus on your financial health and wellbeing for the long term.