The low success rate in resolutions signifies that consumers lack the discipline to complete their goals.
Miami, FL (PRWEB) February 25, 2014
Debt Consolidation USA published an article last February 20, 2014 entitled “Are You Still Committed To Your Financial Resolution?” to help consumers figure out how to succeed in reaching their goals. The debt relief company mentioned how hard it is for consumers to follow through with their commitment to reach their resolutions.
The article discussed that the fact that consumers have these set goals reveal that they want to change. Consumers know what is wrong with their finances and they have identified the changes that have to be made to complete it. While this is true, the low success rate in resolutions signifies that consumers lack the discipline to complete their goals.
Because of this low success rate, Debt Consolidation USA provided consumers with three tips to help them complete their financial resolutions.
1. Check if the resolution is a SMART one. First of all, the consumer is advised to check if their financial resolution follows the SMART rule. That means it has to be specific, measurable, assignable, realistic and time-conscious. If not, then the resolution might be vague enough to discourage the consumer from completing it.
2. List the habits that has to be developed. Any resolution can be easily achieved if the consumer knows the right habits that will help them succeed. The article mentioned how certain changes and sacrifices has to be made in order to achieve a goal. The consumer has to identify what these are to make the effects of the resolution more permanent.
3. Have a sense of accountability. Lastly, the consumer is advised to develop a sense of accountability for the resolution. The article mentioned that simply telling other people about the resolution will help pressure them to succeed. The embarrassment of having people know of a failed resolution is sometimes a motivation in itself to complete the goal.
Debt Consolidation USA understands that financial resolutions are a great start to improve the financial health of the consumer. But if it is not complete, then it can prove to be quite useless.
To read the full article, click on this link: http://www.debtconsolidationusa.com/personal-finance/still-committed-financial-resolution.html.
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