When you first make a goal for yourself, you feel excited and driven to accomplish it. But the novelty wears off after a while and you struggle to stay motivated. Perhaps a better method is to focus on discipline instead.
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Over at MoneyNing, author Travis Pizel makes an interesting point. Motivation comes and goes, but discipline, by its nature, is stable.
Motivation is a fleeting emotion, and emotions are likely to change without notice. To achieve a goal, what you really need is discipline. Discipline is what gets me out of bed at 4:15am to go for my training runs in the dark cold of winter. It is what drives me to go to the gym, and do my designated workout for that day regardless of what I feel like.
I prefer not to toss motivation out the window completely — it's a good feeling. But I do like the idea of focusing on discipline. Find a way to integrate your financial goals into your daily routine, so that you work toward them even on days when you don't feel motivated. This might mean automating your finances. Or creating a visual trigger to establish habit.
For more detail, check out the full post.