Monday, April 07, 2008

March Goals Update

My March net worth is up at NetWorthIQ. It's up 3.69%, to $22,561, which is not too shabby. And in the vein of this previous post on my retirement accounts, it's worth noting the progress of my 401(k), in terms of shares:

Fidelity Freedom 2050 Fund: 351.2 shares (last month: 317.15 shares)
Fidelity Total Stock Market Index Fund: 32.2 shares (last month: 29.06 shares)

I've weathered the last few months' downturn pretty well (haven't yet seen a reduction in my net worth), but I'm definitely not on track to hit $35,000 if things keep up this way. I probably shouldn't factor a continually climbing stock market into my goals, huh? A more realistic goal for this year is probably $30,000. We'll see.

That said, how are my other goals going?

Earn the full match in my 401(k)
I've earned 39.9% of it. Nice! If I really am going to switch jobs, though, this goal is going to have to be reworked.

Save $4,000 in the Freedom Fund, for an end balance of $10,000.
I saved a mere $200 of income this month, but I'm still on track to hit my year-end goal (I think...again, a job change may rearrange this, because I'm currently planning on big savings spikes in "extra paycheck" months). My freedom fund is just north of the $7,000 mark now.

Give $1,200 to good causes.
A post on this is forthcoming, but let's just say for now: no. This is not going according to plan this year, for reasons to be discussed later.

Earn $1,500 of non-salary income, earmarked for graduate school application expenses.
Very little activity on this front this month: just a couple of Pinecone Research checks I haven't deposited yet. I'm due a bunch of blog stuff this month, though, so this should see a big bump for the next monthly update.

Buy a friend a drink at least once a month.
This is by far my favorite monthly goal! I'm pretty sure I bumped it off early this month (I remember thinking, "Hey, two in February! ...Wait, no, it's March."), but I don't remember exactly how.


Jerry said...

It's not exactly what I would call "charity" but it is nice :) How is that goal going for you? I bet it leads to more friends wanting to go out with you. I always think that giving back is insurance for staying grounded in all things. It may not bring you enormous wealth but it does bring you satistaction.

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