Setting your financial goals for 2021
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How did the hosts' financial goals for 2020 perform?
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Please remember that all of the information in this podcast episode is limited to general information only. That means the information is not specific to you, your needs, goals, or objectives. So you should seek the advice of a licensed and trusted financial professional before acting on the information. And before you acquire or apply for a financial product, please read the PDS or product disclosure statement, which should be available on the issuer's website. Lastly, please keep in mind that past performance is not indicative of future performance.
Kate, welcome to this episode of the Australian Finance Podcast.
It's good to be back and we're just a few days before the end of the year. So it's quite exciting to be hitting the airwaves now and just making sure you're on track for setting your financial goals for next year and putting as much in as possible to actually achieving them because it's very easy to write a few things down and shove it in the back of the drawer. So yeah, this is what we're going to try and have a short and sweet episode today just to help you set your goals and get ready for the new year.
Cool. Okay. So first of all, how did your goals for 2020 go?
Yes. So I think the goals changed quite a lot. But I did have a look back at what I put on a Google Doc at the start of the year. And I did manage to work towards most of them, mostly because I didn't actually spend all the money I'd saved for my trip. And I had a few jobs throughout the year. And I mean, job job seeker for a month or two before I was working somewhere else. So that was fun. I probably worked a little bit less because I was studying and because of COVID. So definitely saving more, less super because I wasn't working full time the whole year. So that's probably something I've got to think about next year and definitely more in the emergency fund this year. So and I think overall, I in my goals, I said,
This is where I hope to be at the end of this year, pending no market movements at all, because I couldn't really factor any of that in because I didn't know what was going to happen. So I think I'm actually above where I hoped I would be. So all in all, pretty happy considering the roller coaster that's been this year.
Totally. That's a great job.
What are effective strategies for setting financial goals for 2021?
Well done.
What about you?
Well, I said, this was in 2019, I said develop a budget and never forget to pay ourselves for the future and save for experiences like holidays. Well, obviously we couldn't do too much holidaying. Even though we did do a bit of like before COVID, we did I think a couple of weekends away, but that was good.
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Chapters
8 chapters
1
How did the hosts' financial goals for 2020 perform?
0:00–3:45
2
What are effective strategies for setting financial goals for 2021?
3:45–8:29
3
How can you evaluate your financial journey effectively?
8:29–11:45
4
What are the essential steps to prioritize multiple financial goals?
11:45–15:36
5
How can automation enhance your financial planning?
15:36–19:32
6
What role does accountability play in achieving financial goals?
19:32–24:58
7
What are the top financial goals to consider for 2021?
24:58–28:20
8
How can you leverage community support for your financial journey?
28:20–31:49
Speakers
3 identifiedMore from Australian Finance Podcast
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