Ways to win in 2024 | Summary and Q&A

TL;DR

Learn how to build sustainable habits to achieve financial and well-being goals in the new year.

Key Insights

• 🤩 Building habits is key to achieving long-term goals in all aspects of life.
• 👔 Financial well-being is closely tied to mental and physical well-being.
• 🖤 New Year's resolutions often fail because they lack sustained habit formation.
• 😫 Setting specific cues and making goals attractive, easy, and satisfying can help in forming lasting habits.
• 😫 Conducting a financial audit and setting achievable goals improves financial well-being.
• 💦 Balancing work, family, and personal time is crucial for overall well-being.
• 💁 Technology can be both a distraction and a useful tool in habit formation and goal achievement.

Transcript

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Questions & Answers

Q: How can I make my New Year's resolutions into lasting habits?

The key is to focus on habit formation and make the goal a sustainable part of your daily routine. Set specific cues, make it attractive, easy, and satisfying.

Q: What are the most popular New Year's resolutions?

According to a survey, the top five resolutions are improved fitness, improved finances, improved mental health, weight loss, and improved diet.

Q: How can I reduce mindless scrolling on my phone?

You can try using apps or features that limit your phone usage, set timers, or use reminders to be more mindful of the time spent on your phone.

Q: How can I improve my financial situation in the new year?

Conduct a financial audit to analyze your subscriptions, expenses, and savings. Set achievable goals, create a budget, and consider building an emergency fund.

Summary & Key Takeaways

• The hosts discuss the importance of goal-setting and the power of building good habits for achieving goals.

• They identify the five key areas in life that people often think about when setting goals: health, connections, career/business, wealth, and hobbies.

• They address the issue of failed New Year's resolutions and how to make goals last beyond the initial motivation.