Three tips for staying motivated and on track when it comes to financial literacy:
Find a mentor: Partner with a spouse, financial professional or a family member to help write a financial plan and overcome the emotional, psychological and financial roadblocks that can distract us from meeting our goals. Everyone needs a coach or a mentor to push them through difficult decisions.
Track your progress: You don’t have to meet all your goals tomorrow — make a list and start crossing them off. One by one you will get inspired as the list begins to dwindle and your short-term and long-term goals are met.
- Stay focused: It’s not about how much you save; it’s about being confident and comfortable with your financial future. Focus on your short-term and long term-goals, be diligent and you will get to the finish line.
- Genworth’s Let’s Talk website offers tips for initiating conversations about long term care and retirement planning with loved ones.