You’ve started the new year with the best intentions and set your 2025 goals. You’re motivated, energized, and ready to make meaningful changes, whether saving money, sticking to a budget, or adopting healthier habits. But now we’re three weeks into January, and things are getting harder. Suddenly, that excitement is replaced with doubt, fatigue, and the temptation to quit.
You’re not alone. Research shows that many people abandon their New Year’s resolutions by the third or fourth week of January. This phenomenon, sometimes called the “drop-off point,” is where motivation fades, and old habits creep back in. The good news? You can push past and reach your 2025 goals.
Let’s discuss why this drop-off point occurs and how to push through so you can stick to your financial and wellness resolutions.
Why do resolutions fail around week 3-4?
While setting goals is easy, sticking to them is the true challenge. Studies suggest that about 80% of resolutions fail by February, and one of the biggest culprits is setting goals that are too ambitious or unrealistic.
Common reasons why people abandon their goals:
- Overwhelming expectations: Goals like “save €10,000” or “completely eliminate debt” can feel daunting without a clear plan.
- Perfectionism: Many people quit after a minor slip-up, assuming they’ve already failed.
- No system for success: Resolutions often focus on the outcome rather than the daily habits needed to achieve it.
This ‘all-or-nothing’ mindset can be especially common in financial and wellness goals, leaving many people frustrated and ready to give up at the first sign of struggle.
Overcoming the drop-off point to reach your 2025 goals
Success doesn’t come from avoiding challenges but learning how to navigate them. Here’s how to move past the drop-off point and keep your 2025 goals on track:
1. Revisit and adjust your goals
It’s okay to tweak your resolutions. Break them down into smaller, achievable steps. For example:
- Instead of “save €5,000,” aim for “save €400 per month.”
- Replace “get out of debt” with “reduce debt by 10% this quarter.”
These bite-sized goals will feel more manageable and help you build momentum.
2. Focus on habits, not perfection
Willpower fades, but systems stay. Build habits that align with your goals:
- For financial goals, automate savings so a portion of your income is set aside without you having to think about it.
- Use budgeting apps or trackers to stay organized and accountable.
Remember: missing a day or two isn’t a failure. It’s part of the process.
3. Celebrate small wins
Progress, no matter how small, deserves recognition. Celebrating milestones like hitting your first savings goal or completing your first month of consistent budgeting can motivate you.
Pro tip: Reward yourself in a way that doesn’t derail your progress, like a small treat or a relaxing evening off.
Staying accountable and motivated
Accountability can make all the difference when pushing through difficult times. Here are three ways you can stay on track:
- Find an external accountability partner: Share your goals with a trusted friend or family member who can encourage you when your motivation dips.
- Use positive reinforcement: Set up rewards for meeting milestones, such as taking yourself out for a coffee after completing a weekly goal.
- Revisit Your Why: Remind yourself why you set your goal in the first place. Whether it’s financial freedom, a dream vacation, or a stress-free future, keeping your “why” in mind will help you stay focused.
Why financial goals are worth the effort
Financial resolutions are among the most rewarding to achieve. While it’s tempting to give up when things get tough, sticking to your goals can lead to long-term benefits:
- Greater financial security: A growing savings account or less debt reduces stress and creates peace of mind.
- More opportunities: Consistent financial planning opens doors to investing in your future through education, travel, or long-term investments.
- Improved confidence: Seeing progress in your financial life can boost self-esteem and encourage further positive habits.
Push through for long-term success
If you’re feeling the weight of the drop-off point, take a moment to breathe. Struggling with resolutions is normal, but giving up isn’t your only option. Adjust your goals, lean on accountability, and remember that progress is a journey, not a destination.
This year, don’t let the drop-off point define your success. Your 2025 goals are worth it. Keep going!
If you found this inspiring or helpful, please share this article with someone who you believe can turn their dreams into reality this year.
To all our Go & Grow investors: If growing your wealth is one of your goals, remember you have the extended opportunity to earn up to 6.75% p.a.* on your entire Go & Grow portfolio until 31 March 2025!
