I am usually not a goal setting person, but since January is the month of setting goals/resolutions, then why not set some goals for myself as well. I almost never set goals because I usually fail at them, but last time I set goals I did pretty well… see Oktoberfest Writing Challenge.
For those of you who don’t remember, in the Oktoberfest Writing Challenge I was challenged to write at least 500 words every day for the month of October. Even though that challenge was a lot of fun and one that I completed, I will not be doing that challenge every day for 2015.
From everything that I’ve read and heard, I have to set realistic goals, and writing at least 500 words every day for 365 days straight is not realistic.
I do, however, have some pretty realistic goals that I will try to accomplish this year.
1. Pay off my student loans – This is a very realistic goal to accomplish because I only have $5,400 left to pay! If everything goes according to plan, I’m on track to paying it off by the end of April… knock on wood.
Paying off my student loans will mean that I will be completely debt free. Yoohoo!
2. Exercise at least three times per week – I set this goal in October along with the writing challenge and I failed, but this year is going to be different. I don’t plant to exercise too hard. Just enough to break a sweat.
You might not think it will be good enough, but I have to start somewhere. I don’t like working out, but Kate wants me to live forever and she said she’ll be happy if I at least break a sweat walking three times a week. I’ve worked out twice already this week.
3. Climb at least one level higher – Most of you know that I like rock climbing. I’ve been doing it for a few years now, but I’ve hit a plateau and I’ve been stuck climbing the same level for what feels like an eternity.
This year, my goal is to break through and climb a higher level than what I’m climbing right now. I might have to train a little bit to accomplish this, but like the great philosophers of our time say, “no pain, no gain.”
4. Read at least 12 books this year – I am not only going to exercise this lovely body of mine, but I am also going to exercise my mind. Twelve books is definitely doable – that’s one book a month.
Some people are saying they’re going to read a book every week, but that to me it’s not achievable. I guess it’s doable if the books are short, but lately I’ve been reading some pretty long books. I just finished all the published books for the Song of Ice and Fire series (Game of Thrones) and those books are pretty long. And now I’m currently reading Gone with the Wind, which is also over 1,000 pages long.
There’s no way I can finish that book in a week.
I am not set to prove anything to anybody, I just want to set some attainable goals and I think these are pretty doable.
Other Personal Finance Goals?
As you so smartly deduced, I only have one personal finance goal for this year. And that’s the way it is going to stay. I’m going to focus all my attention on paying off my student loans since that is the only debt I have left and I already have a couple of months’ worth of expenses in my emergency fund.
Once that is done I might add a new personal finance goal, but for now I’m only going to have the one. I’m still going to continue doing what I’ve been doing during these past two years, which is maxing out my Roth IRA and contributing enough on my 401k to get the full company match. That’s not going to change.
I’ll keep my budget the same, but concentrate all the money I have allocated for paying off debt and savings towards paying off that student loan.
Just four more months and I’ll be debt free!!!
What are your goals for this year?