When daydreaming about money, visionaries like you think of the most amazingly, abundant scenarios. You can think of that mansion perched on the Hollywood Hills with no neighbours, or the multi-billion tech business, the best education for your children, or simply relaxing at one of the beaches in Fiji with your love ones.
But with your current financial situation, how will you make these fantasies into realities?
Sometimes, even the most passionate and committed goal setters go astray with all the details and activities needed to manage their finances. One of the best ways to reach your financial goals faster is to think in days, not years.
One of the best hacks to make your financial goals faster is to think in days, rather than in years. Instead of setting your deadline a year from now, make it 365 days from now. By breaking your goals into days, you feel the immediacy.
According to a study, those who follow this strategy start saving four times sooner than those who do not. A study from the University of South Carolina found that setting the timeline for your goals by days makes you act significantly sooner, because deadlines that are just days away feel more pressing and real or tangible.
According to University of Southern California'sDaphna Oyserman, "When time is sooner, we use tend to more proximal units, such as days. So we wondered if using days as a unit of time would actually make people feel as though now is the time to act, if there would be more urgency or imminence."
You can use online apps to help you compute how much you need to save per day to hit your goals. You can also ask a family or a friend to keep tabs on your saving progress. Also, make sure you keep track of the days. This strategy will surely make your everyday count.
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