Entries From 'Money'

NW - Mar08

I’m a little late posting this but the numbers are from the beginning of the month - March 6th.

My financial goal in February was to mostly complete my taxes and be ready to submit them mid-march. Unfortunately that goal was not met. My taxes are about half done…I’ve found many-many excuses not to dive into them again and finish them up.

Hopefully by my next Net Worth posting in April I’ll have better news to report..or else I’ll be posting about filing an extension!

As of this month - March 2008:

Asset growth = -0.05%

Debt reduction = 0.37%

Overall Goal = 84.4%
My Overall Goal amount is moving much slower than I would like - I need to start taking some steps to increase this amount.

This month’s goal is to get my taxes done. Then to plan out the spending of my return and “Tax Stimulus” check. I have a couple large financial things going on right now so depending on what happens over the next few weeks will determine where the cash goes…either way it will be put to good use and not spent frivolously.

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NW - Feb08

As of this month - February 2008:

Asset growth = 0.36%

Debt reduction = 0.43%

Overall Goal = 84.3%
* In January I refigured my goal numbers, this resulted in part of this month’s Goal percentage increase a little. The original figures still would have resulted in an increase to 81.1%

This month’s goal is to get 90% of my taxes done, leaving only the final view and submission for mid march.

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New Years - 2008

I’ve never been big on New Year’s resolutions, simply because I prefer to plan and adjust my goals monthly rather than annually. However, the start of a new year is when I go over all my finances and look back over the past calendar year to see how I did overall - in every aspect of my life.

As I plan out my next year, I’ll decide what I want to do and how I can best accomplish those goals. I also ponder over different potential scenarios, recognizing that life doesn’t always follow the plan setup at the beginning of a calendar year.

I have nothing ‘new’ that I want to accomplish this year - nothing that I decided to start on Jan 1, but all my previous goals are still around getting worked on - one small attainable step at a time.

Same Goals - New Year

Under each of these major goals, I have lists (many many lists!) of smaller goals that I work towards.

  • Continue doing the activities I love:
    Climbing, traveling and now my newest crush (not quiet love yet): cycling.
  • Continue working towards my financial goal which is less then two years away now.
  • Continue becoming more environmentally and health aware and making changes that I can.

Then there are my challenging goals…these are the goals that I want to do, but have issues following a plan and getting them done:

  • Simplifying
  • Fitness
  • Spanish

One thing I realized as I reviewed this list, is that these three personally challenging goals fall directly under some of the goals and activities that I’m passionate about, so perhaps if I focus more on their relationship with things I love, they will become easier to accomplish.

Fitness will make me a stronger climber and a better cyclist, enabling me to do harder climbs and accomplish some of the longer rides I would like to eventually do.

Simplifying, among many benefits, is connected to both my environmental and financial goals. I need to free myself both emotionally and physically of a lot of stuff before I go move on to my next living space, and it is in line with my low-consumer ideals.

Spanish mostly stems from a general goal of self-improvement. I have a strong feeling that I should know a second language - I want to know a second language. As far as connecting this to one of my larger goals, knowing another language would be exetermly beneficial for traveling.

I’ll just keep on working on these…

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