With summer in full swing, many of us may be trying to kickstart our fitness goals or get back on track after a year of wearing sweatpants. Whether you are trying to get in an early morning run, or set a new PR on the Peleton, there are many parallels when it comes to setting both fitness and financial goals.
They say just changing into workout gear is half the battle when it comes to getting that session in. The same can be said for your finances. Whether you are gearing up to draft a household budget or organize and consolidate your investment portfolio, you need to start somewhere. Setting aside time to take a look at your monthly cash inflows and outflows is a good place to start and may provide insight into future savings abilities.
Set Realistic Goals
Not everyone is able to go from running a 5K to a marathon over the course of a couple of months. If you have never contributed to an employer’s retirement plan, it may not be feasible to max out the deferral limits this year. Setting realistic goals, short and long term, is a key part is measuring and achieving success.
Steady The Course
The key to any successful change is to stick with it and set a sustainable pace. Improvements in both financial and fitness-related goals take time, and it is important to not burn out.
Celebrate Your Wins!
Whether you finally reached a new Peleton PR, or you have completed the refinance process on your mortgage, take time to celebrate your wins and reward yourself. Hitting your goals takes work, so be proud of your accomplishments!
We all know change takes time, and sometimes it is not the most comfortable thing to do. Strategic can help you define your goals and partner with you as you reach milestones and achieve success along the way.
Founded in 1979, Strategic is a leading investment and wealth management firm managing and advising on client assets of over $1.8 billion.Overview
Strategic Financial Services, Inc. is a SEC-registered investment advisor. The term “registered” does not imply a certain level of skill or training. “Registered” means the company has filed the necessary documentation to maintain registration as an investment advisor with the Securities and Exchange Commission.
The information contained on this site is for informational purposes and should not be considered investment advice or a recommendation of any particular security, strategy or investment product. Every client situation is different. Strategic manages customized portfolios that seek to properly reflect the particular risk and return objectives of each individual client. The discussion of any investments is for illustrative purposes only and there is no assurance that the adviser will make any investments with the same or similar characteristics as any investments presented. The investments identified and described do not represent all of the investments purchased or sold for client accounts. Any representative investments discussed were selected based on a number of factors including recent company news or earnings release. The reader should not assume that an investment identified was or will be profitable. All investments contain risk and may lose value. There is no assurance that any investments identified will remain in client accounts at the time you receive this document.
Some of the material presented is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Strategic Financial Services believes that such statements, information, and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information and opinions.
No content on this website is intended to provide tax or legal advice. You are advised to seek advice on these matters from separately retained professionals.
All index returns, unless otherwise noted, are presented as price returns and have been obtained from Bloomberg. Indices are unmanaged and cannot be purchased directly by investors.