The year 2025 is here, and many people are setting goals and resolutions for the new year. Tawcan, a personal finance blogger, has been setting yearly goals and providing quarterly updates on his blog since 2019. He finds that this tradition helps him stay motivated and accountable.
In 2024, Tawcan set 13 goals and accomplished 10 of them. The three he didn’t complete taught him that too many continuous, year-long goals can lead to a loss of focus. To maintain motivation in 2025, he has streamlined his approach.
Tawcan’s 2025 goals are categorized into Financial Goals, Blog Goals, Personal Goals, and Fun Goals. His Financial Goals include achieving a dividend income over $60,000, building a $25,000 cash wedge, and boosting his children’s RESPs by $1,500 each. For his Blog Goals, Tawcan aims to continue publishing a blog post every Monday, improve his Google Pagespeed score to 90 or above, and consider incorporating his blog to optimize taxation.
Tawcan’s Personal Goals include reading 15 books, joining two curling teams, and replacing his 2013 iMac. His Fun Goals involve visiting Taiwan with his family, enjoying an omakase meal with his wife, and going on a summer camping trip. With 13 goals set for 2025, Tawcan is optimistic about achieving them and will provide quarterly updates on his progress.
He encourages his readers to share their own 2025 goals and resolutions.
Setting achievable financial goals
As we approach 2025, setting and maintaining personal finance goals is crucial.
Three attainable financial goals for the coming year include creating a budget, saving where you can, and increasing your credit score. Creating a budget allows you to track your income and expenses, providing a clear picture of where your money is going and where you can cut back. Saving money can be achieved by identifying areas in your daily life where you can reduce costs without significantly impacting your lifestyle.
Improving your credit score can lead to better interest rates on loans and credit cards, potentially saving you thousands of dollars. By focusing on these three personal finance goals in 2025, you can take control of your financial future and achieve greater financial stability. Remember, it’s about taking consistent and deliberate steps towards a healthier financial life.
As we enter 2025, it’s important to focus on finding happiness, setting achievable goals, and diving into excellent book recommendations. Arthur Brooks, a Professor at Harvard University Business School, suggests that most people seek three core ingredients in their lives: pleasure, satisfaction, and meaning. To set and achieve your goals in 2025, follow this straightforward guide: reduce clutter, remove unnecessary commitments, make a dump list, prioritize, and create a vision board for visual inspiration.
Some top book recommendations from 2024 include [Book 1 Title], [Book 2 Title], [Book 3 Title], [Book 4 Title], and [Book 5 Title]. As we move forward in 2025, let’s focus on understanding our true desires, setting simple yet significant goals, and finding inspiration through books and shared experiences. Happy New Year and happy goal-setting!
