Happy New Year from the Rubiani team.

Many of us take these early days of the year to set goals for the year. Planning is important - if you are to ever accomplish anything meaningful in your life. There are overused sayings that go, “If you fail to plan, you plan to fail” and “If you aim at nothing, you shall surely hit it”.

However, many of us know that planning is not enough. It is easy to make plans but following through is where the real challenge is. In this article, we look at various tips that can help you improve your score rate when it comes to your money plans;

Plan Long Term

Many of us fail to accomplish a lot financially because we plan short-term. We only think about our current financial situation. Unfortunately, financial issues and immediate financial needs will always be with us. We therefore advise that you make long-term plans for your finances irrespective of your current financial situation. You can then resolve these urgent financial needs from the perspective of your long-term goals. Financial urgencies and setbacks are temporal, but financial success is a lifelong journey.

We are undisciplined. Change your strategy

Many of us plan to save a certain amount of money every month but keep falling short and procrastinating. This is because urgent financial needs will come up and take up the money planned for investment. We, therefore, advise that you avoid the need to discipline yourself by setting up automated investing through a bank order or salary dedication. This way, you get to invest before meeting your other financial needs. This tip may just be a deal changer for you in 2024.

Understand Yourself

When it comes to investing and money goals, no single strategy works for everyone. We all have different financial situations, opportunities and personalities. Therefore, find out what works for you and stick with it. For some, setting ambitious goals works best as this pushes them to do more while for others, such ambitious goals will only frustrate you.  

Get Accountability

Ever thought about keeping your investment journey accountable? The thing with investing is that it is not urgent, but important. If you postpone starting your journey or skip 2, or 3 months of investing, there will be no immediate impact. However, sticking through with your investment plan has a lifelong impact on the quality of your life and that of your loved ones.

At Rubiani, we have an accountability group - the “Rubiani Master Class”. These are people who have started the investment journey and are intentional and committed to getting to financial freedom. We keep each other accountable, informed and motivated towards this goal. Interested in joining? Email us at invest@rubianiwealth.com.

Consider the Rubiani Investment Course

Finally, we also advise that you take the Rubiani Investment Course. This is a 5 consecutive session course that you can take either on Thursday evenings or Saturday mornings. The course concludes with a one-on-one session. You will get to learn how to set SMART investment goals, understand how to overcome personal and societal money setbacks, understand how the investment world works and get to write your financial plan. The goal of this course is to get you on the right track when it comes to investing.