Financial hits: more success stories from DWP

We can all realize our financial success goals as long as we remember to celebrate even the small improvements.

07:10 02 July 2013

Financial success may be just around the corner. Numbers from the Department for Work and Pensions (DWP) shows that the percentage of people who have found lasting employment was at 13.4% which is a tremendous increase over the 3.4% during the same period last year. The improved numbers are a testament to improved effectiveness. The numbers are still far below the department’s goals, but the improved success rate is headed in the proper direction. If you’re striving for financial success, it’s important to remember that progress, no matter how small, still counts.

 

• Keeping track of changes—this is important, not just to see if you’re on track to accomplish your goals for future financial success, but to also ensure that what you’re doing is working. If you aren’t seeing any changes, or negative changes, it may be time to try different tactics.

 

• Room for improvement—while you should definitely celebrate the small successes you make with your financial plan, you still want to recognize if there is room for any improvement in your investments, processes, or reduction of expenses.

 

• Long-term success—many people think that in order to accomplish their goals they will need to achieve financial success right away. That definitely helps, but isn’t usually a reality for most of us. Keeping a long-term timeline in sight reminds us that the key to financial success is patience and persistence.

 

• Visuals—it’s challenging at times to get an idea of how well you’re doing regarding financial goals. For quite a few people using visual aids such as charts and graphs that show your goal and the progress you’re making can be a great motivator and can help you feel good about your progress, even when it doesn’t seem significant on paper. It’s a good way to remind yourself that you’ll eventually reach your goals for financial success.