Can you believe we’re already heading into the final stretch of 2025?
It might only be October, but this is the perfect time to pause, look at where you are financially, and think ahead to the year to come. Before the holidays and year-end rush take over, carve out a quiet moment to check in with yourself and your goals.
As we approach the close of another busy year, it’s worth asking: What do I want my financial picture to look like in 2026?
Setting goals now gives you time to plan, not just react. Whether you want to build savings, reduce debt, or invest more in your future, taking small, intentional steps before December 31 can make a big difference.
Here are a few ideas to get you started:
1️⃣ Review your income streams
Take stock of where your income comes from, including wages, side work, stipends, and reimbursements. Identify any gaps or opportunities. Could you add a part-time project, raise rates, or streamline billing? Even small changes can improve cash flow before the year ends.
2️⃣ Gain control over your expenses
If you are carrying a credit card balance, focus on reducing it by half or a third over the next year. Start by paying off new charges each month so you are not adding to the total. The goal is progress, not perfection.
3️⃣ Build an emergency fund
Life happens, and having three months of expenses set aside can make all the difference. If that feels out of reach, start smaller. Even building one month’s cushion by spring puts you on stronger footing.
4️⃣ Plan ahead for your next big purchase
If you know a car, appliance, or home repair is coming up, start saving now. Paying cash, or at least making a larger down payment, helps you avoid extra interest and stress later.
5️⃣ Schedule regular money check-ins
Once a month, spend 30 minutes reviewing your spending, savings, and progress toward your goals. Make it part of your routine, like meal prep or cleaning day, so financial wellness becomes a consistent habit rather than a once-a-year scramble.
No matter where you start, the key is simply to start. Pick one or two goals that feel doable, and check in on them every month or quarter.
And remember, you do not have to hit every target perfectly. Progress, even slow and steady progress, adds up. Taking small steps now can set you up for a more confident and secure 2026.
So, what financial goals are you thinking about as we head toward the new year?