Money and Finance
Last week I reviewed how I did on all of my goals for 2013. From a financial perspective it was a resounding success without any huge misses. The goals I'm most proud of was hitting an 80% savings mark for the year and the huge net worth increase. The markets roared higher last year and with the high savings rate I was able to maintain I ended up with over a $160,000 net worth increase for the year. Yeah, I didn't see that one coming.
If you're going to set goals, make sure they are something that is concrete. Don't just set a goal to save more money. Make it a specific amount whether it's 5% per month or $100 per month. A big positive for setting concrete goals like this is that you can easily track your progress. If you're like me you can even set up a visual cue that you can either hang up in your house or keep on your computer to see how you're doing. Visuals really make it easy for me to see how things are going and what else I can improve on. One last thing about goal setting. Try not to be too conservative in your goals. Make them something that is going to really push you to and past what you thought your limits were. Whether that means setting some goals that are about on track with what you expect and then following up with stretch goals, be like the high school cheerleader. BE AGGRESSIVE, BE BE AGGRESSIVE! You don't want to reach you goals in June and then become complacent the rest of the year.
Well time continues to move on whether we want it to or not and the first month of 2014 is almost over so it's about time I release my goals for 2014. Overall the goals will look similar to 2013, but with higher starting and ending points. That's always a good thing.
Read more »
- 2014 Goals - Full Year Recap
I know it's after mid-February and I'm just now getting out my 2014 goals update ,but there's been so much going on that I had to step away from the blog for a few months. I still have no idea what happened to 2014. The first half was...
- 2014 Goals - 3rd Quarter Update
Time keeps on slippin', slippin', slippin' into the future. Somehow the first half of the year is already over. It seems like just a few weeks ago I was reporting on my progress for the first quarter and now another quarter is over and...
- 2014 Goals - 1st Half Update
Time keeps on slippin', slippin', slippin' into the future. Somehow the first half of the year is already over. It seems like just a few weeks ago I was reporting on my progress for the first quarter and now another quarter is over and...
- 2014 Goals - 1st Quarter Update
Time keeps on slippin', slippin', slippin' into the future. The first quarter of the year is already in the books and the second quarter is now well under way. I think it's important to set specific, measurable goals at the beginning...
- 2013 Goals
I made a whole lot of progress in 2012 and now I have a better idea of what I can expect from 2013. I'm setting some pretty aggressive goals and it'll be tough to hit some of them but setting the bar too low doesn't make it a challenge....
Money and Finance
2014 Goals
Last week I reviewed how I did on all of my goals for 2013. From a financial perspective it was a resounding success without any huge misses. The goals I'm most proud of was hitting an 80% savings mark for the year and the huge net worth increase. The markets roared higher last year and with the high savings rate I was able to maintain I ended up with over a $160,000 net worth increase for the year. Yeah, I didn't see that one coming.
If you're going to set goals, make sure they are something that is concrete. Don't just set a goal to save more money. Make it a specific amount whether it's 5% per month or $100 per month. A big positive for setting concrete goals like this is that you can easily track your progress. If you're like me you can even set up a visual cue that you can either hang up in your house or keep on your computer to see how you're doing. Visuals really make it easy for me to see how things are going and what else I can improve on. One last thing about goal setting. Try not to be too conservative in your goals. Make them something that is going to really push you to and past what you thought your limits were. Whether that means setting some goals that are about on track with what you expect and then following up with stretch goals, be like the high school cheerleader. BE AGGRESSIVE, BE BE AGGRESSIVE! You don't want to reach you goals in June and then become complacent the rest of the year.
Well time continues to move on whether we want it to or not and the first month of 2014 is almost over so it's about time I release my goals for 2014. Overall the goals will look similar to 2013, but with higher starting and ending points. That's always a good thing.
Read more »
- 2014 Goals - Full Year Recap
I know it's after mid-February and I'm just now getting out my 2014 goals update ,but there's been so much going on that I had to step away from the blog for a few months. I still have no idea what happened to 2014. The first half was...
- 2014 Goals - 3rd Quarter Update
Time keeps on slippin', slippin', slippin' into the future. Somehow the first half of the year is already over. It seems like just a few weeks ago I was reporting on my progress for the first quarter and now another quarter is over and...
- 2014 Goals - 1st Half Update
Time keeps on slippin', slippin', slippin' into the future. Somehow the first half of the year is already over. It seems like just a few weeks ago I was reporting on my progress for the first quarter and now another quarter is over and...
- 2014 Goals - 1st Quarter Update
Time keeps on slippin', slippin', slippin' into the future. The first quarter of the year is already in the books and the second quarter is now well under way. I think it's important to set specific, measurable goals at the beginning...
- 2013 Goals
I made a whole lot of progress in 2012 and now I have a better idea of what I can expect from 2013. I'm setting some pretty aggressive goals and it'll be tough to hit some of them but setting the bar too low doesn't make it a challenge....