Sent: 20-12-2011 10:50:03
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Make the resolution to be financially fit in 2012
Did your New Year's Resolution include taking charge of your finances? If so, you are not alone. According to the University of Sydney, 50% of Australians make New Year's resolutions and the third most common resolution is a commitment to financial health -whether it is getting out of debt, or saving more money, or making more money.
But, did you know that 9 out of 10 people give up on their resolution after the first 30 days? The reason most people fail is a lack of support.
One financial advisor has found a way to combat this. Brocktons Independent Advisory, a successful national financial advisory firm headquartered in Canberra, has created the "Financially Fit in 40 Days Challenge." This free challenge, which starts on January 30th and takes place on Facebook, is designed to provide a community support system to those who are looking to step up their financial planning.
Over the course of 40 days, participants will be led through a series of checkpoints that will push them to become financially fit. The prompts are designed to help participants create an inspiring financial strategy based on what's important to them. Throughout the challenge, individuals will set meaningful and realistic financial goals, and learn the fundamentals of implementing an effective action plan.
"These days just about everyone has been to a goal setting workshop of some kind or another, but identifying goals and then successfully following through is where most people fall down," says Daniel Brammall, a director at Brocktons Independent Advisory. "It's implementing a solid plan that brings results, which is why we created the Financially Fit in 40 Days Challenge - so people could work with a step-by-step process to get those early wins and build momentum towards their goals."
Brammall and his business partner Susannah Kulincevic have ideas to adapt the challenge to individualised groups later in 2012. Many of their clients fall into the categories of family business owners, parents who need to provide for children with disabilities, mumpreneurs and women CEOs. While this initial Financially Fit in 40 Days Challenge is intended for a general audience, each of the subsequent challenges would be focused on a particular subsection of Brocktons' expertise.
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