So it’s 2017, and I’ve got resolutions just like everyone else. Except I’ve got a plan in place to actually turn my resolutions into reality by year’s end. But let’s start with a recap from last year.
My 2016 financial goals were the following:
- Pay down my credit card (goal is to have it paid off by July 2017)
- Build an emergency fund (goal is to have $2500 saved up by the end of the year)
- Save for retirement (no real goal here for the moment…just contribute something each month to my Roth IRA)
I did pretty well on them. I saved for retirement each month – even maximizing my employer contribution, paid down my credit card according to my payoff plan, and I did have an emergency fund (until I had to use it on car repairs).
Since I was oh-so-successful last year, I know you’re wondering what my 2017 goals are going to be…well, here they are!
My 2017 financial goals are:
- Pay off the credit card! (Technically, I’m paying off the Payoff loan since I refinanced, but it should be this year that it’s goneeeeeee.)
- Build an emergency fund again (goal is $2500)
- Go 12-for-12 on sticking to my budget (I adjust it each month so it’s doable as long as I don’t overspend)
If you fail to plan, then you plan to fail, right? Well, I’m planning to meet these goals a couple of different ways: through my old friend automation (emergency fund & Payoff payments are automatic), utilizing my slow cooker more (more on that later), and Mint (also an old friend). It won’t be easy, but it shouldn’t be hard either, and that’s because I’ve got a plan.
Tell me: what are your financial goals (& plan to reach them!) for the New Year?