As noted here, I’m trying to save (in retirement and non-retirement accounts) 60% of my gross income in 2007. I’ve been tracking my progress towards my first goal (of saving $4000 in my daughter’s ESA) over at the NCN Network site. 20% of my gross income is about $16,000. This amount will be automatically withheld from our paychecks and deposited…
Category: Goals
Creating a Personal Finance Goal
I love to create goals for myself. I’ve created goals for my websites (number of subscribers, revenue, etc), my health (weight loss, miles walked, etc.), and my finances (debt repayment, emergency fund savings, etc.) Currently, I have a goal of saving $4000 before April 1, 2007 for my children’s Educational Savings Accounts. (The actual long-term goal is to save enough…
What Now?
Now that I am debt free and I have my 20,000 dollars saved in my emergency fund, I need to decide what my goals for 2006-2007 shall be. I think that I will now focus on my retirement savings, college savings for my children, savings for a future home purchase, and automobile replacement savings. Savings, savings, savings!!! I want to…