New Year Financial Resolutions?

[gamecock43]

Life is kind of crazy right now...but I want to:
live on one income, bank the other. Not sure this can be done this year- but maybe prepare to do it next year. Or start it this year if hubby gets a new career going sooner than expected.
Save all rental income from unit #1 for an eventual unit #1 rental renovation.
Pay extra on my mortgage payments...extra $50 month will be 1 extra payment a year.
Pay cash for home improvements; so in 09:
Save up for a back deck add on- hubbies income will do that.
Save for backyard renovation- my income will do that.
Save for a new kitchen. Don't know how that's gonna happen.

...those are the big things that I constantly toy with in my head and want to get on a path to accomplish these things in 09 if not actually do most of them.

[Inkstain82]

We had a big family meeting a week ago and set out a pretty complete budget plan for 2009.

Two days ago my wife tested positive for her first pregnancy, quite surprisingly.

The plan may need some adjusting...

[Pitman]

My 2009 Financial Goals:

- Pay off Student Loan
- $15K to $20K in Savings
- Get an upgrade @ Job

I know the last one isn't necessarily a financial goal, but I'll be able to save a boatload more when I get an upgrade.

[irmanator]

I think this is going to be a good year for me and the hubby. his car will be paid off in April, the dd#2 braces will be paid off in august. that will free up 401 to pay on other bills.

[disneysteve]

Two days ago my wife tested positive for her first pregnancy, quite surprisingly.

The plan may need some adjusting...

Congratulations! What a great reason to have to adjust the budget.

[creditcardfree]

what does practical mean?

Practical is an adjective that means: adapted or designed for actual use; useful: practical instructions.

I have a scenario where I would pay a little over $1650 each month to the HEL and I have it paid off in 9 months. This scenario may not work in reality, depending on orthodontic work, car repairs, home repairs, ect.

We will do our best to get the loan to zero by the end of 2009!

[SnoopyCool]

Well, we are going to bust tail to get a job or two. Then, we'll save just as much money as possible to build back to about 6 months EF. Then we'll whittle the debt as much as possible.

Congratulations on the baby, Ink!

[SavingNut]

My goals are to:

Pay off my husband's student loan
Save money for renovation in the upstairs bedrooms. Needs to be insulated.
This is not alot but I'm on maternity leave at the moment so it's the best I can do. 2010 will be the year of big accomplishments.

[minnie1928]

My financial goals are:
1. Refi house at or below 5%
2. Fully fund our emergency fund by the end of the year
3. Max out my IRA contribution and hubby's 401k
4. Save as much $ as possible by making greener choices (making my own detergents, driving less, etc.)

[StressLess]

Mostly, we've got financial goals like replacing DH's old car, a new mattress, getting money into our IRAs and I-bonds, and so forth. They won't really require much effort because I have automatic transfers to savings set up.

The only real habit-change kind of resolution I have for the year is to take my lunch to work more often. I decided that after spending $7 one day for a really lackluster lunch from Wawa, including a $3+ cup of soup that wasn't even hot! I've treated myself to a fancy new lunch bag and some Tupperware, so it's easier to pack something beyond a sandwich or a Lean Cuisine.

[cptacek]

- Find a new job where I can be home at night, but still make good money.
- Get pregnant.
- Pay off credit cards