Welcome to the Last Month of the Monthly Money Makeover Series! 

We’ve made it to the final installment of the Monthly Money Makeover series! Over the past year, we’ve tackled key aspects of personal finance, from budgeting to debt management to career planning, breaking big ideas into manageable steps. Now, it’s time to turn our attention to what’s ahead: financial planning for 2025. 

Planning for a new year can feel overwhelming. It’s tempting to make resolutions like “save more” or “spend less,” but without a clear plan, these goals often fall by the wayside by February. That’s why this month, we’re introducing a strategy to take the guesswork out of financial planning: breaking the year into 12-week financial sprints. 

This method simplifies your approach by dividing the year into smaller, actionable chunks, giving you the flexibility to adapt while maintaining focus on your long-term goals.  

Why Break the Year Into 12-Week Financial Sprints? 

The 12-week sprint framework is powerful because it does two things: 

1. It reduces overwhelm. Instead of staring at 12 months of potential challenges, you only have to plan for three months at a time. 

2. It builds momentum. Achieving smaller goals every quarter gives you quick wins that fuel motivation for the rest of the year. 

By focusing on short-term, actionable steps, you’ll stay on track while allowing room to adjust for life’s unexpected twists and turns during the year. 

The 12-Week Financial Sprint Framework 

1. Start With a Quarterly Review 

Before each sprint begins, take time to assess your finances. Look back at the previous three months to identify what worked and what didn’t. Then, look forward to the next 12 weeks and anticipate major expenses, such as: 

• Higher heating bills in winter 

• Back-to-school shopping in late summer 

• Holiday expenses at the end of the year 

This step makes certain your budget is updated and aligned with your quarterly priorities. 

Quick Tip: Set up calendar reminders to review your finances at the start of each sprint. 

2. Set Short-Term Goals That Build Toward Big Wins 

Trying to tackle every financial goal at once is a recipe for burnout. Instead, pick one or two goals to focus on for each 12-week sprint. For example: 

• In Q1, save $1,500 for an emergency fund. 

• In Q2, pay off $1,000 in high-interest debt. 

• In Q3, contribute an extra $500 to your retirement account. 

Short-term goals keep you motivated and make larger goals feel more achievable. 

Quick Tip: Write down your goals and track your progress weekly to stay accountable. 

3. Track Your Progress Weekly 

Checking in with your finances weekly is key to staying on track. Dedicate 15-30 minutes every week to: 

• Check your progress on sprint goals. 

• Adjust your budget if needed. 

This practice helps you identify small issues before they snowball into bigger problems. 

Quick Tip: Use budgeting apps or tools to make tracking your finances easier and more efficient. 

4. Plan for Seasonal Expenses 

Seasonal expenses are some of the biggest budget busters—but they don’t have to be. Instead of scrambling to find money for holiday shopping, vacations, or car repairs, divide these costs into smaller weekly savings goals. 

For example: 

• Save $25 per week in Q1 to cover summer travel expenses in Q2. 

• Save $50 per week in Q3 to prepare for holiday shopping in Q4. 

By planning ahead, you’ll avoid the stress and financial strain of these predictable costs. 

Quick Tip: Open a separate savings account for seasonal expenses and automate low-impact weekly contributions.  

5. Prioritize One Focus Area Per Sprint 

Each sprint should have a primary financial focus. For example: 

• Q1: Build your emergency fund. 

• Q2: Pay off credit card debt. 

• Q3: Increase retirement contributions. 

• Q4: Prepare for holiday expenses and review your overall progress. 

This focused approach allows you to make meaningful progress in one area without spreading yourself too thin. 

Quick Tip: Tie your focus area to your overall financial goals for the year to stay aligned with your big-picture priorities. 

6. Reflect, Reset, and Repeat 

At the end of each 12-week sprint, take time to reflect on your progress: 

• What goals did you meet? 

• What challenges did you face? 

• What adjustments do you need to make for the next sprint? 

Use these reflections to reset your goals and refine your approach for the next quarter. The beauty of this framework is its flexibility—it grows with you. 

Quick Tip: Celebrate your wins! Whether it’s hitting a savings goal or sticking to your budget, every step forward matters. 

Make 2025 the Year of Focus and Flexibility 

Financial planning doesn’t have to be overwhelming. By breaking the year into 12-week financial sprints, you’ll create a manageable, adaptable system that aligns with your goals. This framework gives you the tools to tackle the year one quarter at a time, building momentum with every sprint. 

As we close out 2024, let’s focus on finishing strong and starting stronger. Make 2025 the year you take control of your finances, one sprint at a time. 

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