2007 Goals

[bjl584]

As we wind down 2006 I am wondering what everyone's financial and personal goals may be for the coming year. Personally, I have a HELOC that I want to get paid off, I need to bump up my ROTH IRA contribution to max, and I am going to be finishing up my MBA. There's also a few projects that I want to get completed around my house.

[Broken Arrow]

Re: 2007 Goals

Here

[Lonewolf]

Re: 2007 Goals

I am with you on the Roth IRA, if not Max, as close as I can. In addition, have a car loan I'd like to eliminate with my bonus next year if all goes well (and start paying myself for the next car down the line). If my only Debt can be Mortgage and school loan, I'd be a happy person . . .

[markio26]

Re: 2007 Goals

no new goals for 2007 yet... i just want to end this 2006 year first.... we spent more money this year, than we ever had... our house flooded remember from a water line that connected to the icemaker... costly, but insurance kicked in.. we upgraded everything and i bought a new 2006 dodge caravan sxt.... i may pay another credit card off before the end of the year, debating on that one.....

[creditcardfree]

Re: 2007 Goals

Max out our Roth IRA's and put 3% into husbands TSP account.

Contribute $2000 to our two daughters ESA accounts.

Pay down our HEL by at least $7000.

Take a vacation with cash...maybe Mt Rushmore.

Buy a new van? Not sure on this one, may need to wait for a raise.

[shadon]

Re: 2007 Goals

Pay off $7000 in personal debt.

Get a part-time job.

Get EF up from $965 to $2000.

Start a savings account specifically for the month of November when about $2500 worth of bills come in all in the one month!

[jodi]

Re: 2007 Goals

1. Pay off 0% cc before the rate ends in August ($4800)
2. Pay off my student loans ($6000)
3. Remodel our bathroom ($???)
4. Get EF back up to close to $10k

[puck36]

Re: 2007 Goals

Well I'm 100% debt free and have my EF done. My goal for the rest of 2006 and most of 2007 is to save all that I can so I can have as close as I can to a 20% down payment on a house.

[lrjohnson]

Re: 2007 Goals

Get over being intimidated by financial stuff and read investing books

Look at my Deferred comp 457 plan, change holdings if necessary, bump up contribution

Invest a minimum of $2000

Put another $4000 in my Roth IRA

Look at my non-Roth IRA holdings

[JBinKC]

Re: 2007 Goals

Sell all of my winning stocks/mutual funds and rollover/transfer my 401K assets to a self directed IRA.

Sell my illiquid assets- My primary house and suburban land plot and increase my land holdings in rural areas.

Make a decision if I should stay retired or work again.

[Reldon]

Re: 2007 Goals

Max out my contribution for my IRA.
Get a raise.
Pay as much off my mortgage as possible.

[frugalmomof1]

Re: 2007 Goals

See my blog for 2007 goals.

[humandraydel]

Re: 2007 Goals

My goals for 2007:

Contribute $4500 to 401k + Earn $3400 in company match = $7900

Save $4,000 in Roth IRA

Save $6,000 for house downpayment

These are certainly achievable goals, but they don't leave much room for error! How achievable do you guys make your goals? It would be nice to "beat" your goals, but having such lofty goals for myself helps me stay focused.

[rduell]

Re: 2007 Goals

See signature:

[Ima saver]

Re: 2007 Goals

I want to pay off a piece of property that I owe $24,000 on.
I would like to pay off my car.(almost $20,000)
I would like to have over $400,000 cash in money markets and cert. of deposits.
I would like to save $20,000 in the 20 dollar challenge.