Achievable Financial Planning Strategies for Working Professionals: 5 Key Tips to Start the New Year Right

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The New Year must be great! In-depth look at 5 financial planning strategies for working people with goals that have been reached and are actually achievable

Let's be honest: financial planning is often a bitter pill for many of us. Especially those working in the creative or marketing fields who are so busy looking at budget figures for their clients that they forget to look at their own income and expense accounts. If anyone has ever failed because of financial planning, it will not be successful. Never achieved the goal

Don't be discouraged yet. Take this new year's opportunity to Set Zero again with advice from experts like Krungsri Consumer We have shared 5 secrets to making dreams and financial goals come true. This is not just a theory, but a real and tangible action plan.

Understand your true financial situation

Before setting strategies for clients, we must do market research first, right? Personal finance is the same. If you didn't save as much money as your target last year, that's okay. Try again this year, but this time set your plan more clearly. The first thing you need to do is to audit yourself. Try gathering information on your assets, debts, income, income, and expenses in the past year to know your current financial status.

Knowing the true data will help us determine our own appropriate financial planning. and set or adjust financial goals to be consistent with reality And what is indispensable is the discipline of taking notes. You should practice the habit of keeping a clear account of income and expenses each month. You will know your financial status and manage your own spending more efficiently, just like we Track Performance campaigns. If you don't know the numbers Can't measure the results.

Set yourself a challenge. But you have to be at a point where you can.

A good goal is one that is challenging enough to keep you motivated but not so difficult that it is impractical. In terms of retirement planning, which is the most important Long-term Goal. The right number depends on how you live your life.

Krungsri Consumer recommends starting with an analysis of the life style you want after retirement. You must account for health expenses. And include expenses for special activities you want to do after retirement, such as playing golf or traveling. And don't forget to set aside an emergency fund as well.

What is interesting is the introduction 4% rule It was invented by William Bengen, a financial planner. The principle is that if you withdraw no more than 4% per year from your retirement fund, your money will last for about 30 years if invested in assets that generate average returns, such as stocks and bonds. There is a simple formula for calculating to find your savings goal:

• Take the money you need per month x 12 months = annual expenses
• Take annual expenses / 0.04 = Fund fee according to the rule 4%

For example, if you want to have 30,000 baht per month to spend after retirement, when multiplied by 12 months, you will have an annual expense of 360,000 baht. When calculating the money you want to use after retirement using the 4% rule, you will get 9,000,000 baht, which is the approximate amount you should prepare. This number may seem high. But when you know the goal clearly It creates a strong desire to succeed.

Cut a large target into a small target.

The goal of saving money should not be so grand that it seems beyond your reach. But it is recommended to divide your goals yearly so that they can actually be achieved because you can see clear progress.

Imagine if you set a goal to save 1 million within 5 years. All you have to do is determine how much money you want to save from the first to the fifth year.

• For example, the first year is 200,000 baht per year.
• Next year, 300,000 baht per year, etc.

What you need to do together is to consider your own income-income-expenses at all times in order to plan to continue achieving your goals. Important techniques that are like the Golden Rule are: The money comes to be deducted and put into a savings account first and then spent. Don't wait until you have money left to save because there will never be any left. Additionally, you should look for opportunities around you. If there is a way to increase income through honest means, it wouldn't hurt to try it.

Manage your spending wisely and watch out for traps.

How much you earn may not be as important as how you use it. In the Cashless Society era, credit cards are considered one of the good options that can help answer this question. If you know how to allocate your money appropriately Because every spending via card You will receive worthwhile privileges such as accumulated points, cash back credits, discounts or special promotions from partner stores. Including paying installments for high-priced products in installments at an interest rate of 0% or according to the specified interest rate.

Credit cards also help manage liquidity and finances. This is because there is an interest-free period which is generally set to be 45-55 days according to the conditions of each company. Therefore, it gives you more time to manage the money on hand. But the Key Success Factor is that you should use it sparingly and repay the full amount as scheduled. You will not pay interest at 16% per year.

And what you have to be extremely careful about is the biggest financial trap. Lifestyle Inflation or spending increases as income increases When income increases Instead of collecting more money Instead, they spend extravagantly because they see other people showing off their glam lifestyles on social media and want some. The solution is to memorize this mindset. To increase your income, increase your savings first. Not increasing expenses

Examine the financial numbers that are your life's compass.

Marketers have KPIs. Financial life must have Financial KPIs as well. Important financial indicators should be checked periodically. To ensure that it will be easier to save money according to your goals, such as

• Revenue growth rate: Today we should not have only one source of income with the concept of income diversification. Try to find opportunities to earn extra income from various channels, such as receiving product reviews, selling things online, using AI to help create graphics, or being an influencer, and you should try to grow your income at a level that is not lower than inflation.
• Savings rate: This number should start at 10% because it is the savings level that helps us survive emergency situations, and then gradually increase as income increases. The recommended savings rate is 30% if possible to create stable wealth.
• Rate of return on investment: This number should beat inflation to preserve wealth from investments that aren't too risky. The average Thai inflation for 10 years is 2% per year, so you should create an average return of 4% per year or more.
• Interest rate: Try to find a source of loan in the system with low interest and must be repaid according to the contract. And you may try to check for ways to reduce interest rates at the right time, such as refinance to reduce interest rates.

Thumbsup Consider that the best goal may not be a number. But it's the reason you want to do it. Living your life with a passion for your financial goals will be such a true motivator that you won't give up easily.

This year 2026, start setting goals, planning, and taking action! Available since this new year Remember that success doesn't happen overnight. But it comes from the consistency of your actions. May this year be the year that everyone's financial portfolio grows exponentially!

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