Grab your scarf and jersey. Grand Final weekend is here. To celebrate, we share six ways you can kick your financial goals.

AFL grand final1. Set goals

You can’t kick a financial goal that doesn’t exist. The key to getting financially savvy and moving ahead, is to have clear, specific and concrete financial goals.

“The more specific the goal, the more likely you are to achieve it,” says financial adviser Olivia Maragna.

Whether you are saving for a house, a new car, a new business, holiday or early retirement, decide on what you want financially, and go for it.

2. Have a game plan

It’s not luck deciding the winners this weekend; it’s persistence, hard work, and strategy. Designing and implementing a clear saving strategy gives you more chance of reaching your financial goals.
Once you’ve decided on your goal, look at your current spending habits and income. The easiest way to do this is to draw up a budget. Try using our handy Budget Planner.

Identify your sticky areas. How much debt have you accumulated? What’s your buffer zone? Any unnecessary expenses?

Talk to your financial adviser, tax accountant and mortgage adviser about how you can improve your budget, and take practical steps to move towards your financial goal. Our Savings Plan calculator can get you started.

3. Practice makes perfect

They say it takes 66 days to change a habit. No doubt the players have done a lot more work than that in the lead up to the finals.

Once you’ve identified what you want to change, and how, you need to start effecting them. Like most habits, financial habits can be instilled with the right amount of dedication. To meet your savings goal, you might need to limit evenings out and curb unnecessary spending. Make lunch to take to work. Bring a flask instead of drinking coffee at a cafe or buying takeaway. Plan and book holidays early to avoid paying top dollar. Pay credit cards and bills on time to ensure your credit history is the best it can be.

4. Give yourself a buffer zone

The more comfortable your lead in the game, the more likely you are to win. Give yourself plenty of breathing room, when it comes to your financial goals. Save more than you need. Spend less than you can. Instate an emergency fund, which can cover incidentals like medical costs.

5. Enjoy the game

Like footy, finances don’t have to be gruelling. It can be fun! Fill up on financial knowledge, like information in our blog, use your support network, and keep a positive mindset to get the most out of your finances.

6. Turn to your key supporters

The players don’t do it alone. And nor should you. Reaching your financial goals takes commitment, hard work, attention, and skill. Luckily for you, your financial adviser, tax accountant and Smartline advisers can help guide you in the right direction.

Book a chat with your Smartline Adviser today to find out how you can kick your financial goals.