How to stay motivated toward your biggest financial goals

Even if they seem mathematically impossible

Photo by Towfiqu barbhuiya on Unsplash

Working toward big financial goals can be tough.

The bigger your financial goals, the tougher it can be to stay motivated to make progress toward them.

Bigger goals tend to be for those things that are more long-term (paying off a mortgage, or reaching retirement), and it can be difficult for us to see that bigger picture when we are naturally more attracted to immediate gratification.

Likewise, aggressive financial goals (big numbers in short time frames, like saving $50k in a year or paying off your student loans in two years) can be daunting and can lead to feelings of sacrifice or burnout.

Nevertheless, having big financial goals is critical if we want to see big changes in our lives.

So how can you actually do it? How can you stay motivated to make progress when your goal is so daunting or so far off?

My purpose for writing today is to share with you what we have been doing to maintain momentum towards a big financial goal that, to be perfectly honest, is mathematically going to be pretty tricky for us to achieve. My hope is that these strategies may also be helpful for you.