The start of a New Year often brings with it the setting of new goals for the year ahead. These might be goals for your career, your family, your education or your financial security. When setting goals, it is important to ensure that they are SMART goals.

S - Specific
M - Measurable
A - Attainable
R - Relevant
T - Time-bound

It is also important that your goals are positive and constructive goals rather than negative. For example, rather than saying "no more debt", you might have the goal "to pay down \$1,000 of your non-deductible debt each month" or "to look at restructuring deductible debt to make it more manageable."

Also, your goals need to be harmonious. So, having a goal to retire or make work optional by age 55 may not be feasible if you have not set smaller achievable goals along the way in order to meet this target.

Finally, write down your goals and review them frequently.

WSC Group and its team of accountants and financial planners are always available to discuss with your financial goals for the 2020 calendar year and to give you confidence that you are on the right track.

If you would like to meet with one of the helpful team to help give you clarity on your goals, please contact us on 1300 365 125 or [email protected]

We are part of your team and are here to help you make the right financial decision for you.

We wish you all a safe and prosperous 2020 and look forward to catching up with you throughout the year ahead.

Let's make 2020 a year we can all be proud of!