Friday, January 1, 2010

Goals for 2010

I'm jumping on the bandwagon and creating goals.

[I guess if all the other bloggers were jumping off their proverbial bridges, so then would I]

I don't usually do this sort of thing, especially in the financial realm. Well, I have more short-term goals. Such as, get a paycheck, pay my bills, get a paycheck, pay my bills. I do believe goals would help me reach my full (financial) potential, though.

Backstory: Before attending a recent wedding, I read up on some blogs about the exorbitant costs involved in destination weddings. So I decided to budget and save the amount I needed in cash before charging up a card. It was fun to put together the spreadsheet, figure out the amounts for the different travel options and have an exact number to aim at saving. While I didn't reach my goal of saving the entire amount (bummer! but I got very close), it was actually a fun challenge to see how much I frugalize to make my budgeted goal.

Side note: friend and I are not that close anymore and it's really fun to vent (quietly to myself) the exact amount I spent being there for her on her special day while she's not really here for me now. Just a tip for the future, ladies (and gents!).

So here goes my fun goals!
Personal Savings
I would like to have at least $15,000 in personal savings at the end of the year. This would be roughly an 8-12 month emergency fund.

Credit Card Debt
I will not accrue any credit card debt for this calendar year. (barring any emergencies!)
I will use cash as much as humanly possible.

Student Loans
I will pay off at least half of my student loans ($9k) by the end of this year.

There. That should give me something to measure in 12 months.

As for personal goals, here are what I am aiming for:
Lose Weight
Who isn't listing this one? okay, you with your hand up, I officially hate you!

Make New Friends
This may be hard to balance with my financial goals since friendships do seem to leak my funds. (gifts, lunches, dinners, etc.)
Be a Better Friend to Those Who Are Already My Friend
As easy as a phone call, as hard as just being there. I need to reward those who already love me.

Simplify Life
I sometimes make it a habit to make things harder for myself, instead of easier. Here's a reminder to not torture myself this year.

Organize my Surroundings
This is the work that will lead to simplifying my life. I am always losing things and waste valuable time searching for the most inane things. Why not just organize ahead of time to avoid this wasted time and energy? Methinks others do this already. I was just born and bred to be messy and somewhat enjoy the challenge (but certainly not the stress) of having to find things in a pressured situation.

Okay, so wow. Those personal ones are not very measurable. Perhaps I should set up monthly milestones to achieve for those.

1 comment:

  1. Dude great goals. I'm like you I never do the spread sheet goals thing, but I am really thinking about it this year. Also some great personal goals, I am also trying to be more organized myself. Best of luck on your goals.