Goals

From past athletic experiences I’ve determined that the only way to accomplish a goal is to formulate a plan to accomplish the goal. Furthermore, writing the goals down in a visible location is a great way to maintain accountability. I will do my best to update my progress towards accomplishing my goals on a monthly basis. The following is a list of my financial goals at the end of December 2008.

  • Setup and fully fund a solo 401k ($0/$10,427.33*)
  • Fully fund my Roth IRA ($0/$5,000)
  • Save for a 3-month emergency fund ($0/$7,762)
  • Finish saving for 20% down payment on condo (Completed)

*My solo 401k maximum contribution is based solely on my self-employed income for 2008, which will change monthly depending on the number of hours tutored.

Financial goals update at the end of 2008

Financial goals update as of December 1, 2008

Financial goals update as of November 1, 2008

Financial goals update as of October 1, 2008

Financial goals update as of September 1, 2008

Financial goals update as of August 1, 2008

One Response to Goals

  1. […] doing my research on mortgages, I set my goal of saving for a 20% down payment to avoid paying PMI. As of this last month I have reached my goal […]

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