Goals for 2006

[ender513]

Re: Goals for 2006

My main goal for 2006 is to pay off my private student loans (there's actually two, but both are from the same company).

Other than that:

- Continue to stay within my spending plan
- Use short term savings to plan for holidays/birthdays/large purchases rather than falling back on credit cards
- Decide whether I want to stay at my current job and get training and experience, or move within the company to another job

[robex]

Re: Goals for 2006

My goal for 2006 is to have $5000 as an emergency cushion. Once that's done, we will start saving for a newer car for Dh. I'm not sure how much longer his 1990 Honda Civic is going to last...but we will share the van and be a one vehicle family before we go into debt for a car!

[marglo]

Re: Goals for 2006

1. Continue to live within our budget and snowballing our debt.
2. Travel this winter using cash only.

[EHadden]

Re: Goals for 2006

Goals for 2006, huh???

Long story short, make the financial picture a heck of a lot more black, as opposed to red. I have managed to do some work for my father-in-law to make some extra money which will allow us to pay for a deck on our house (the current one is way too small), pay off two small retail loans, a credit card, install a 1/2 bath in our basement and pay off the wife's school loans.

We are following the Dave Ramsey approach to righting our financial ship (thanks to everyone who has mentioned him and his philosophies). We have managed to build the EF in an ING account (once again, thanks for the advice to the forum) and are now on our snowballing process. It's so hard, though, when it seems that every blooming dime seems to find a way out of the household between gifts (wedding and baby), baby clothes (for the 6-month old) and paying down the negative equity on the car.

Thanks to everyone in the forum with the thoughtful insights and advice that have sparked renewed hope that the light at the end of the tunnel is actually there and not a figment of my imagination. Thanks to all of you!!!

[barbara L]

Re: Goals for 2006

I've thought long and hard about this one. It is a very good question. My goal is to buy one $100 ING cd per month next year except May 2006. I already have $1,000 in a tiered cd account for that month.

Right now I save $100 per month in my ING savings account. I am going to change my biweekly deduction from $50 to $75. Each month on the 1st, I'm going to buy one $100 cd.

[gakline]

Re: Goals for 2006

Ok, I've got some firmer numbers.

$4000 for my trip to Greece, this is airfare and spending money.
$4000 for my Roth IRA
additional +3% to my 401k
Just for kicks, another $4000 to savings.

[JoyJoy]

Re: Goals for 2006

I've thought long and hard about this one. It is a very good question. My goal is to buy one $100 ING cd per month next year except May 2006. I already have $1,000 in a tiered cd account for that month.

Right now I save $100 per month in my ING savings account. I am going to change my biweekly deduction from $50 to $75. Each month on the 1st, I'm going to buy one $100 cd.

You can buy a cd for $100.00 monthly from ING? I was trying to access their website but it is having problems at this time.

[JoyJoy]

Re: Goals for 2006

I am taking baby steps to wealth at this time LOL. My goals are:

No debt except mortgage by December, 2006.
Add an extra $50.00 a month to Tiaa-Cref Money Market Account and Michigan First Credit Union. Just started an account with HSBC so I will be putting $50.00 a month there too.
Giving to charities more than to family members.
Hubby retiring in May so I must take a course on HOW TO COPE WITH A HUSBAND AT HOME!!! LOL Joking! or am I?

Happy New Year 2006 everyone and I pray all of our goals for this year come true.

[fiffer010]

Re: Goals for 2006

Financial Goals
1. Contribute 5,000 to Roth Before march
2. Save atleast another 5,000 to put into Roth for Jan 07 (Hopefully atleast 8,000 total)
3. Currently no debt what so ever and keep it that way

Academic goal
1. Maintain 3.5 GPA
2. Take atleast 15 units a semester
3. Earn my NSCA CPT

Athletic goals
1. Squat 350 for 8 reps
2. Bent Leg Dead lift 400 for 8 reps
3.Go from 183 lb. to 200 lb. with same BF %