About the author: This is a guest post by the anonymous author of the blog Father Sez, a father of four children who wishes to share with and learn from other parents with the goal of preparing children for facing the world independently.
You know your financial life is in a mess. You know the steps you should take in order to straighten your financial life out. You set SMART financial goals and developed plans to achieve these goals. You figure that if you keep plodding at your plans you’ll eventually reach your goals.
Life is not often this simple. There will be obstacles. Old habits may be a little hard to break.
Having a turbo charger will help.
And what would that be? Simple, start your own personal finance blog! A blog that would chronicle your past, your present goals to transform yourself, and your journey to achieve these goals.
a) The Dumb Little Man wrote a great article on the 7 common reasons why people fail to achieve their goals. Prominent amongst them was failure to write down the goals, failing to review them periodically and not having a support group.
Your blog by its very nature will overcome these. This happens by the very process of you writing up your posts, doing the research that may be needed for the post and the comments that your readers would be making. And very importantly on a regular basis.
b) Having a goal buddy is accepted as a powerful aid to achieving goals. They provide motivation, accountability and preserve our determination. I am sure you’ll agree that it’s not easy to find a goal buddy. With your blog, the readers in the community you build will be your buddies. They’ll give you continuous motivation, accountability and determination.
c) Once you have started your blog and announced its supporting mission statement, you’ll start feeling that you have a duty to perform — a duty to studiously and strenuously work to achieve your goals. You’ll feel that you are a role model to your readers.
Read how the act of not following his own suggestions for a mere two months affects Glbl Guy. He confesses this slip up to his readers, whom he calls his accountability partners.
Incidentally, he received a whopping number of comments, every one of them supporting and encouraging him and to overlook the lapses as just being human. You cannot get a better community of goal buddies than this!
d) Receive continuous guidance, tips and resources on improvements that can be made in your plans. The blogosphere is incredibly generous when it comes to sharing information and tips. As you proceed on your blogging journey, you’ll find yourself reading a lot of other blogs. And you’ll find tons and tons of advice and help.
You can get solutions to almost every obstacle that you may meet in your own journey of financial transformation. Tips on frugality, 100 ways to reduce your energy bills, how to prepare your budget, financial calculators, or understanding risk, all are answered in other blogs.
Many of the blogs I read and respect were set up for this very reason.
Present day technology has made it easy to create and maintain a blog. While some people may swear by online tools that help in our goal setting and achieving process, I suggest that starting a personal finance blog (or a fitness/health blog, if getting rid of excess weight is your goal) is a far better option.
Just starting a blog for the sake of starting a blog will not be of much use. You must first have a will, a will to transform your life. When you have this will, the blog will turbo charge your journey to transformation.
To start your blog, visit WordPress.com. If you are joining the personal finance blogosphere, add your blog to the index at pfblogs.org and get insight about running your blog at the MoneyBlogNetwork Forums.
Updated February 6, 2012 and originally published March 10, 2008.