Last goal update for 2008
December 21, 2008
This is the update I like — the one where I get to cross stuff off for the entire year. (I’m big on crossing stuff off.) I managed to complete the majority of my goals for 2008 (eleven out of fourteen), which is a trend that I hope to continue. I’m not sure if that means that I didn’t set high enough goals, or if it’s just that I’ve become more focused and better at completing the goals I do set. Let’s hope it’s the latter.
Here is the update:
Open a new IRA for 2008 (probably a Roth)– DONEFully fund the new IRA– DONEIncrease savings by $4000 in 2008– DONEPurchase 1-4 tax liens– DONEPurchase at least one share of stock– DONE. (I kind of went crazy with this one, purchasing a LOT more than just one share.)- Purchase at least $8000 worth of treasury bonds – Not done. I only bought an additional $1000 worth of treasury bonds this year, mainly due to indecisiveness, but also because they just aren’t earning what they were.
Pay $35 extra per month toward mortgage, and send additional to savings each month– DONEContinue tracking & evaluating expenditures each month– essentially DONE. I have an entire year’s worth of tracking — or will as soon as the 1st rolls around, but I’m not waiting til then to update.Continue saving each month for vacations & irregular expenses– DONE, and boy did we have to use the irregular expenses fund.Continue paying for all bills and expenses in full and on time– DONE. I also set up our water bill to be auto-paid from our checking account, because I have a tendency to overlook that one.- Reduce expenses to $1500 per month or less (excluding vacations.) – Not done. I’m still at $1634.20 in regular expenses now. I’ll probably be modifying this goal for next year, because I think I’m happy where I’m at.
- Increase income significantly – I’m not going to call this one done. I’ve increased my income by about 24%, but by “significantly” I really meant more than tripled. Guess I need to more clearly define the goal for next year.
Continue matching contributions to my son’s college & car funds– DONEIncrease my 401(k) contribution amount– DONE
Wow… those are some serious goals and you did a great job completing them. It certainly wasn’t a case of not setting high enough goals.
Congrats!!
Thanks :)
Well done on completing all the goals you did! I agree with Ashley – it doesn’t seem like you set your goals too low, you simply remained focused on them and got them done. Congratulations!
First time commenting (or really reading my moms site O.o!) Thank you for contributing to my *funds*… Really Appreciated it!
Thanks