Quote:
Originally Posted by safari
My goal is to have $1 mil in savings/investments by the time I turn 40.
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I'd also like to have $1 million by age 40. Now if only I wasn't already 43.
There is a difference between a "goal" and a "plan" I think a goal is something you are hoping to achieve while a plan is how you are going to get there.
I want to max my Roth is a goal.
I'm having $416.66/month automatically transferred to my Vanguard account is a plan.
I want to pay off my credit card by December is a goal.
I'm adding an extra $200/month to my payment is a plan.
For all of your goals, be sure and have a plan. Without a plan, your odds of achieving your goals are much lower.
My PLANS for 2008:
Increase savings by $150/month beginning in June after DD's braces are paid for.
Apply $1,200 tax refund and $1,500 stimulus payment to our Roths for the year.
Once Roths are maxed, redirect that money toward our HEL in order to have it paid off by the end of 2009.
Have our daughter's Bat Mitzvah celebraton in September without going bankrupt.