My Goals for 2006

In B school, they teach you that goals should be SMART:

S - specific

M - measurable

A - attainable

R - realistic

T - time based

With that in mind, my goals for 2006 are:

  • Continue 401k contribution up to employer match
  • Close on new home in February
  • Create revised budget for new home expenses by April
  • Rebuild eFund to $10,000 by June
  • Open Roth and fully fund by year end
  • Increase income from lower $60s to upper $70s by July
  • Research long term investment options

If all goes well, I should be out of the red and into the black by year end. I didn’t set the bar out of reach but my goals are high enough to keep me grounded. I’ll reflect on them daily and record the details of my accomplishments when each one is achieved.

Note: Major 2006 expenses are moving, increased housing (mortgage vs. rent), increased utilities (1800 sq ft home vs. 850 sq ft apartment), furniture, and daughter’s braces

~*~*~*~*~*~
Work to achieve, not to acquire.
And as always, BE FABULOUS!

If you enjoy reading this site, don't miss a thing! Subscribe to Fabulous Financials via email or RSS feed so you can receive notifications when I publish new content.

2 comments:

  1. Flexo, 28 December 2005, 19:04

    Sounds like a good set of goals! I look forward to watching your progress this year. :>

     
  2. Single Ma, 28 December 2005, 21:20

    flexo

    Thanks! I have a feeling that 2006 will be my year. I look forward to learning a thing or two from you and others in the blogsphere.

     

Write a comment:


Want an image next to your comment? Get your Gravatar here!
Have you read the Fabulous Financials comment policy lately?