Are you ready to make a real positive financial impact on your future in 2023? Is this the year that you are looking to save more, pay down debt and finally reach those money-related goals that have been elusive for far too long? It can be difficult to commit to making big changes but with small-step strategies, smart goal setting and actionable tactics, it’s absolutely possible to reach your financial dreams.

Drawing on our experience in comprehensive wealth management and financial planning, we’re diving into how families, couples and professionals can take concrete steps towards achieving their desired monetary goals in 2023.

Start by committing to making small changes.

Making small changes in your daily routine is a great way to gradually improve your finances. If you want to save money, for example, start by packing your own lunch instead of buying food at work. If you want to get out of debt, start by creating a budget and tracking your spending. Improving your finances doesn’t have to be difficult but it does require commitment. Making these seemingly small and simple changes over time will make them easier to stick with. And remember, even the smallest changes can lead to impressive outcomes.

Set SMART goals.

Once you have committed to making changes, it’s important to set SMART goals, which make it easier to clarify your ideas and achieve your desired outcomes.
S = specific.
M = measurable.
A = attainable.
R = realistic.
T = timely.

Determine what you would like to save or pay off within a certain timeframe and then break that goal down into smaller monthly or weekly targets. This will help keep you motivated as you progress towards your desired outcome. For example, if you would like to save $1,000 within the next six months, break that goal down into $166.67 per month. Or if you want to pay off your $10,000 credit card debt within two years, that’s about $416.67 per month. Be sure to set realistic targets that you know you can achieve so you don’t get discouraged along the way.

Make a plan of action.

Don’t just set goals – make a plan of action that will help you achieve them! If you want to save money, for example, figure out how much money you can realistically spare each month and create a budget that allocates those funds towards specific savings goals (e.g., emergency fund, vacation fund, etc.). Like with setting goals, when it comes to creating a plan of action, be realistic about what you can achieve. Don’t try to accomplish too much at once — start with one or two goals and add more as you progress. And most importantly, be sure to take action and follow through on your plan!

Stay accountable.

It can be difficult to stay motivated when it comes to your finances, especially if you’re working towards long-term goals. One of the best ways to stay accountable is to enlist the help of others. Share your goals with friends and family members and ask them to help keep you on track. Additionally, consider working with a financial advisor who can provide guidance and support as you work towards reaching your targets. Having someone else to rely on can be a huge help, especially when it comes to staying focused and motivated. So don’t be afraid to ask for help — it could make all the difference in achieving your financial goals.

Celebrate your successes.

When you set out to achieve something, it’s important to celebrate your successes along the way. This will help keep you motivated and focused. Reaching milestones or achieving short-term goals also provides a great opportunity to take a step back and reflect on what helped you achieve them. Think about what worked well and what you could do differently in the future. Analyzing your successes will help you improve your strategies and reach future long-term objectives.

At 83rd Street, we seek to give life to your goals. You’ve worked hard for your money, and now it’s time to let your money work hard for you.

Get in touch to get started!


Additional information about 83rd St. Wealth Management is available in its current disclosure documents, Form ADV Part 1, 2A Brochure, and 2B Brochure Supplement, which are accessible online via the SEC’s investment Adviser Public Disclosure (IAPD) database at, using CRD# 172115.