Friday, February 01, 2008

2008 Goals Update: January

Instead of doing monthly goals this year, I thought it might be nice to do monthly updates on my progress towards my yearly goals. That way, I keep the ultimate priorities in mind while still dividing the long distance into more manageable chunks, is the idea. Maybe I'll finally learn some patience.

Earn the full match in my 401(k)
I earned $209.23 in 401(k) match this month--that's more than 10% of the full $2,000 match. A good start.

Save $4,000 in the Freedom Fund, for an end balance of $10,000.
I saved $400 of income this month, plus adding $100 from the last of my medical reimbursements. The $500 puts me 12.5% of the way to the $4,000 goal, which is nice, because there's the very real possibility of making no progress at all next month (taxes, medical, K's 30th birthday--eek!).

Give $1,200 to good causes
I have the $100 for this month earmarked for giving, but haven't decided where to give it yet. No Donors Choose project has jumped out at me. I'm still looking.

Earn $1,500 of non-salary income, earmarked for graduate school application expenses
I'm 14.4% of the way there.

Buy a friend a drink at least once a month
Yep. I bought a friend some coffee and a cookie over which she very kindly listened to my troubles. And I've already offered to take a different friend out for coffee this month. I'm really enjoying this one.

Achieve a $35,000 net worth
I made virtually no progress towards this goal this month, but that's down to the stock market more than my spending.


Ms. M&P said...

I like the monthly updates. And I love the goal to buy a friend a drink. That's a great one that I may adopt myself ;)

SavingDiva said...

Great job! I wouldn't say that you didn't make much progress toward reaching $ least you didn't decrease your net worth...uh oh, I did!