Become debt free
At the beginning of 2010, I will have $2500 left to pay on my debt. I should be able to pay this off in March with extra income plus any tax refunds I receive.
Save $10,000 in an Emergency Fund
Honestly, I will evaluate my saving goals once I am debt-free. Right now my plan is to save, save, save like it’s job. Sure I’d love to contribute it to retirement, but right now I’m a little nervous with so little savings and a 1994 car and a wedding that may happen in the next two years. So if I can get as close to $10,000 in savings then I will feel more comfortable.
Continue to give 10% of my income
I got a little slack on this near the end of 2009 but I want to make giving a priority. I also want to find unconventional ways of giving to others.
Earn $5000 in extra income
Last year I made over $5000 in extra income. I think I’ll be able to continue that if I work hard and get creative.
Figure out Retirement Goals once I’m Debt-Free
I will reevaluate this after my debt is paid off. I am nervous and feel that saving for the 24 to 30-year old Me is more important than saving for the 65-year old Me.
Reach $20,000 in net worth
I will have to increase my net worth by $15,000 in 2010 in order to reach this goal. Yipes! That seems like a lot… but with investments, extra income, and hard-core savings, I think I can reach it.
Workout 3 times a week for the entire year/Attend the gym 156 times.
I don’t want to set a health goal like “lose 5 pounds” because once I lose it, I’m done?