9 New year resolutions for the millennial by FinVizer. New year’s resolutions are meant to help you grow and achieve your dreams as well as to improve your financial status for the upcoming year. So here are the nine ultimate New Year’s resolutions presented by Finvizer that every millennial should follow to make this year a success.
1. Keeping yourself mentally fit and physically healthy:
As the new year starts, every gym owner gets excited because they know one of the first new year resolutions every millennial will have will be getting into shape. So they may usually convince you into paying for 6 months of their gym fees, when you actually end up going only for a week. We advise you to first think about your mental health before going for those 6 pack abs.
According to the reports:
- Common mental disorders, including depression, anxiety disorders, and substance use disorders affect nearly 10% of the young Indian population.
- People with mental disorders account for nearly one-fourth of the total caseload in primary care settings.
- Nearly 80% of people suffering from mental disorders had not received any treatment despite the presence of illness for more than 12 months.
It is important that along with physical exercise on must also examine their minds and try to keep it fit. A healthy body and a healthy mind go hand in hand. If you find yourself grasping at loose ends, unable to cope with the pressures of life, make sure you get help. There is absolutely no shame in that. Ask for help.
Networking and communicating:
The richest people in the world look for and build networks, everyone else looks for work. Marinate on that for a minute.
People need to know, that their hard work is useless, unless it is visible to the right audience. And it’s very true that the more relationships you have, the more resourceful and financially well you will become. So another one of the suggested new year resolutions for millennial, is to grow and develop professional relationships. Go to the conferences, attend diverse meetups, be an active part of related Facebook communities. Share your ideas everywhere.
The great thing about networking is that it doesn’t cost anything, you just have to smile and say hello, and where it does, every penny spent is worth. When we get stuck in a rut, we usually end up staying at home most of the time, missing out on a lot of interesting opportunities for networking and having fun. Meeting new people can be beneficial to your mental well-being and help your career, so don’t be afraid to get out there and make some friends. Overcome your shyness, get some knowledge and get to know new and interesting people.
Networking Tip: The great thing about networking is that it doesn’t cost anything, you just have to smile and say hello, and where it does, every penny spent is worth. When we get stuck in a rut, we usually end up staying at home most of the time, missing out on a lot of interesting opportunities for networking and having fun. Meeting new people can be beneficial to your mental well-being and help your career, so don’t be afraid to get out there and make some friends. Overcome your shyness, get some knowledge and get to know new and interesting people.
Breaking that 24-hour clock for your dream:
Most people want more from life than just a routine 9-5 job. They want to write the blogs, start a business or learn something they’re passionate about but they blame that on their job for sucking out most of the hours of their daytime. Well if you talk about the average working hours in India, it is 9 am to 5 pm and if we include 2 hours for daily commute and 1 hour for any uncertainty like a traffic jam or that beer or a coffee with colleagues and you reach at your home at 8 pm and get engaged with big TV’s, computers, smartphones, tablets and all sorts of gadgets with glowing lights and beeping alerts, it can be hard to get enough sleep at night.
Instead of surfing the web unnecessarily, if you make it a habit to go to bed at 11:00 pm, you can have a good and sound sleep of around 5 hours and wake up early at 4:00 am. It gives you enough time length till you start your day again for the side hustle or things you want to do. If you’re passionate about your dream enough make time for it
Financial planning and Investment:
Students and millennials tend to think about when they will start earning or get a job or if asked for a birthday gift they will ask for that latest smartphone or that new bike, the value of which will depreciate as soon as they take them in hand. The price of goods reduces up to 30% as soon as they leave the showroom. We’re not saying they are worthless. Surely you deserve a lifestyle which God has gifted you but what about the future? What about financial planning or investing somewhere? It’s a responsibility one should think about. A big part of growing up into a mature adult is the ability to think things through before making a decision. It is important to take responsibility for one’s actions and avoid blaming everything on someone else, just as it is important to protect your family and provide for them.
Do you know that by beginning to invest as early as in your 20s you could be a millionaire by 30 if you get your finances in order? If you think financial planning is too much of study and gathering knowledge and spending time and is too much risk for a young adult to handle, Finvizer.com is the answer to all of those issues.
Finvizer.com is the startup helping people and millennials in financial planning and giving them investment advice. It’s an online platform where you can choose a professional certified investment adviser of your own from your respective city and can get a free video conference consultancy by that adviser just by sitting at your room. That adviser will do a general financial check-up and do all the risk management for you and come up with a plan which will be suitable according to your capability. And for your knowledge, an investment can start even from the little amount you get as your pocket money every month.
Watching less, Reading more:
The average person wastes a lot of time in front of the TV; time that could have been better spent developing skills, learning or keeping your body active. Once you manage to cut down the TV time, you will realize just how long and productive a day can really be. In that time, you can read more. Books are an excellent way to gain a lot of knowledge on a huge variety of topics and are also a great exercise for your brain. It’s not that difficult to go through 20 or more books in a year – you only need to make it a habit, discover your type of books and find a bit of time for reading here and there.
Become tidier, dress for the job you want, not for the job you have:
It is proven that a cluttered environment adds to stress. It doesn’t matter how much time you have on your hands if you can’t manage it properly – you’ll just spend most of the day running around aimlessly. When you get organized there will suddenly be more time to spare and things will start falling into place. Make it a habit, get help from apps and tools and enjoy your newly found leisure-time. Also, the way you dress can say a lot about you, and wearing the right clothes can make you seem powerful and confident, which in turn can help you land a job, get promoted. No matter if you’re male or female, know the dress code and live with style.
Get out of debt:
You can’t really move forward in life if you are weighed down by debts. The road to financial freedom is a rocky one, but it is definitely manageable with a bit of financial planning and self-restraint. This all should be important new year resolutions for millennial. Here again, Finvizer.com is the answer to that problem. Finvizer’s registeredinvestment advisers and financial planners will help in building financial strategies and methods which will able to pay off your debt. You won’t believe how good it feels. Once you have your debt under control, you can go for that financial planning and investment advice and start putting some money aside. A rainy day fund and some extra money that can go towards traveling abroad, fixing up the house or buying a new car are a welcome change of pace.
Being there when needed:
Punctuality is a virtue that is held in high regard in our society and should be a must new year resolution for millennial on their list. Being on time is a mark of a true professional, a dependable friend and caring partner, so it is a good idea to pick up a few tricks that can help you stay on time. It should be a “must have” new year resolution for millennial. Valuing those 60 seconds will surely keep you ahead of most of the people in your circle.
Following the R2: Being Restless & Reinvent:
Strive to be restless and plan an exotic or adventure trip is the ultimate idea .You’ll need to have your finances in order, get the right equipment and invest some time and effort before you consider traveling across the globe, but there are ways of experiencing different cultures and visiting faraway places even on a tighter budget. And at last always continue reinventing yourself. If you don’t feel quite happy no matter what you do, it is perhaps time to make some serious changes in your life. Reinventing yourself can give you a whole new perspective on life and take you in directions you may never have dreamed were possible. Even those that are in decent shape, make a good living and have stress under control can still be unhappy. It takes time and patience to learn how to find joy in the little things and not to let problems bring you down.
We wish you a great and an amazing new year ahead of yourself and also hope that this new year resolution for millennial advice will help you to grow and have a better life ahead.