2020 New Year’s Resolutions

Jan 30, 2020 | Financial Habits

Happy New Year!

We hope you and your family had a great holiday season and that the year ahead in 2020 brings great things.

Starting the new year seems to always include preparing a list of resolutions that you aspire to accomplish. The question remains, how diligent will you be in making and then achieving those resolutions.

According to an online article by Peter Economy “The Leadership Guy,” researchers say about 60 percent of us make New Year’s resolutions while only about 8 percent are successful in achieving them.

According to a survey of 2,000 people the top five resolutions by individuals for 2019 were as follows:

1.    Diet or eat better (71%)

2.    Exercise more (65%)

3.    Lose weight (54%)

4.    Save more and spend less (32%)

5.    Learn a new skill (26%)

As I write this article about New Year’s Resolutions, I recognize that we’re sitting here in the last week of January. How do I know, you ask? Because as I entered the parking lot of the gym, I had no problem finding a parking spot! That wasn’t the case the first two weeks of January, where parking spots were at a premium because of the New Year’s resolution people. Like clockwork, abundant parking at the gym doesn’t show up until around week four of the new year.

What’s different now? After 38 years of belonging to the same gym, I noticed a sign outside of the locker room that may have been there since I joined, but I had never noticed before. It displayed the words of Joe Laprinzi, the legendary health and fitness expert who died in 1995 at the age of 95.

The sign read, “Joe’s 4 D’s” of Success:

1.    Dedication

2.    Determination

3.    Desire

4.    Discipline

As a kid growing up in the Northwest, I would watch Joe on his morning health and fitness show where he led the viewer through morning exercises and suggestions on good nutrition. He was clearly way ahead of his time.

When I looked at Laprinzi’s 4 D’s and really reflected on them, I came up with two questions: if you’re one that is still on track with your New Year’s resolution, do you see the 4 D’s as an underpinning to the success? Or, if you’re someone that fell off the wagon, do you see the lack of the 4 D’s as the missing ingredient? 

One thing the 4 D’s doesn’t cover that Chris, Mariya and I feel are important is the statement of a goal in hopes of accountability. Our number one goal for 2020 is to measurably improve our client service experience. We recognize that our business is where it is because of all of you. Your trust and friendship drive ours decisions. We look forward to sharing that enhancement with you in the coming months and for many years to come.

Last but not least, we would like to announce that Mariya welcomed a beautiful, healthy baby girl named Nyimah Jordynn on November 25th, 2019. Weighing 9 pounds 13 ounces and 20 ½ inches long. Mariya is overjoyed and thankful for all the congratulations she has received!

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De[fi]ned Wealth Management is a unique and modern full-service independent wealth management firm and fiduciary. We work with clients so they can discover, plan, manage and achieve their financial independence.

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