Top 6 Financial Goals to Achieve in 2019

Top 6 Financial Goals to Achieve in 2019

We are approaching the end of 2018!

Approximately a day away…

I hope 2018 has been a fruitful and prosperous one for you and your loved ones.

If it hasn’t been, don’t despair!

2019 is nearby and you have a chance to change your financial future.

So what are your financial goals for 2019?

Below I have listed a few you can aspire towards to be one step closer towards financial freedom.

1. Start saving / Save more money.

Do you save any money?

If so, great job! You are on your way to building a great financial future.

You can boost your savings rate at about 1% per year.

If not, then starting a savings plan is a great way to jump start the new year. Saving as little as $100 per month can help you establish a long term savings plan.

Whether it’s planning your dream wedding or saving up for that car you’ve been dreaming of, saving is a great financial step you can take to accomplishing your goals. A great tip for beginners is to automate your savings. This way your money goes automatically to your savings account without you worrying about having to physically put in it.

2. Have an Emergency Fund.

You may be wondering, exactly what is an emergency fund for?

Well essentially, as the name says, an emergency fund is an easily accessible fund that should have about 3-6 months worth of monthly expenses to cover events such as a job loss, car repairs and medical problems. These situations can run a person into debt if an emergency fund is not in place to cover such unexpected events.

A great financial goal to have for the new year is setting up a detailed plan as to how you can start putting money into your emergency fund. You can start off with as little as $1000.00 and build it from there.

3. Become Debt Free.

Debt… That dreaded word…

Did you know that 70% of Americans live paycheck to paycheck?

Yes you read that right!

According to a recent study by the American Payroll Association (APA), a staggerring 70% of Americans live paycheck to paycheck.

What do you call that?


If you are one of those Americans living paycheck to paycheck, I’m sure you would like a way out of this dreaded mess you’ve created.

Make it your primary goal for 2019 to get rid of most, if not all your debt except your home. If you are looking for a way out, I suggest you follow Dave Ramsey Financial Peace University course and start taking charge of your financial life!

In my opinion, Dave Ramsey is one of the best financial advisors in the world and his system has helped millions in America and around the world.

It’s never too late to start and once you follow his proven strategy for eliminating debt, you will be well on your way to kicking debt in the butt once and for all.

4. Start Living within your Means.

The opposite is true for most of us. We live above our means. BY A LOT!

Many of us go into debt buying stuff we don’t need, to impress people we don’t really like, with money we evidently do not have.

Sounds familiar? Yep this is the reality for a lot of us.

We rack up credit cards buying expensive items, promising to clear the balance off before it’s due and almost all the time, we end up in enormous credit card debt.

Trust me, I know it well. I was once a victim.

After cutting up my credit card, I started living within my means to avoid payments each month.

Start living within your means and stop chasing after the latest designer items. You will be throwing away your money on depreciating assets such as vehicles which will only keep you in debt for as long as you have payments.

5.Start Investing.

Investing is a wealth building tool that allows you to start off with a minimum amount such as $100 that can grow exponentially overtime using the power of compounding interest.

You can start investing in Mutual Funds as well as ROTH IRA and IRA’s.

For more information on Investing, you can check out Investopedia. They have a wealth of information for beginners who want to learn how to invest, but do not know where to begin.

6. Create a Budget.

Are you tracking your expenses? Can you account for where each dollar goes every month? If not, then you need to be on a written budget.

By creating a budget, it allows you to track all your expenses so you will have a pretty good idea of where your money goes each month.

This can help greatly if you have debt that you need to get rid of. It will show you areas where you can squeeze money from to put towards tackling your debt or increase savings if needed.

Final Thoughts.

I hope this article gave you some great insight on some financial goals you can have for 2019. By following some of these pointers, you can be well on your way to improving your financial situation in as little as a few months.

As always, I’d love to hear what you think about my article. Please comment below on my article or you can leave me a message with any questions, comments or feedback about my website.

Happy 2019! From my family to yours!

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8 thoughts on “Top 6 Financial Goals to Achieve in 2019

  1. Excellent Post Keisha this is the time of year I think alot of people start overextending themselves with debt.Every one wants to buy presents for friends and family its not uncommon to put things on the plastic and worry about it later.You provided some helpful resources to help combat high bills and get back into the Black.

    Keep up the good work with your blog Keisha

    1. Hi Erick,

      Thank you very much for your feedback. I appreciate it a lot. Yes it’s true. A lot of people overspend around this time of the year and most of the time, they are left broke for the new year.

      I hope my post helps other reach their financial goals for 2019 and combat debt once and for all.

  2. Todd Matthews

    Investing. That’s something I need to get into. I won’t be debt-free by the end of 2019, however, it’s merely student loans and not much more. I definitely have to invest and watch those investments grow over time.

    This year was tough for me from a financial standpoint, but it was so by choice. I decided to put all of my energies into starting two blogs plus working on writing my full-length novels. For this, I was working, but obviously working for free by setting the framework for passive income down the road.

    What does this mean?

    Say hello to budgeting and living within my means, two techniques I learned this year in 2018. Some might look at me and conclude 2018 was a wash for me, but since I did this by choice, it was anything but a wash.

    It was the beginning of something great, of multiple cash flows, and setting the stage for 2019, which will continue to build.

    1. Hi Todd,

      You sure can. Investing is a great way to build wealth over time through compounding interest. My advice is to focus on paying off all your debt and then focus on investing as you would have much more money to invest with.

      If possible, pick up a side hustle to help pay off your debts faster and to supplement your income. This can greatly help as well.

      You can beat debt! Just keep focused and you will get where you need to be.

      Kind Regards,


  3. Financial Freedom – that sounds wonderful. I have been very good at budgeting but increasing my income has been the main goal over the past few years. So now in 2019 I’m ready to smash my mortgage and kill the credit card debt.

  4. Hi Keisha. I enjoyed reading your article! The content was very informative. I like that all the tips that you provided as well as the links. This is the time of year when people are looking to start fresh with everything, for many that fresh start is with their finances or at least how to make improvements. This post comes at a great time.

    1. Hi Christine,

      Thank you very much for your feedback! I appreciate it a lot.

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