View Full Version : Do you have specific finanacial goals your working on?
homesteadmamma 01-04-2004, 06:39 PM ~paying off our van and tax bill
~working for an early retirement for dh
~to have some savings put into our savings account each month
What about you?
PrairieRose 01-04-2004, 07:17 PM I sure do!
~a fully funded Emergency Fund
~continue to add to our retirement fund
~pay off the only remaining debt that we have .... dh's warehouse and office (should be done in 3 years or so instead of 15)
~work on putting back 1 year's worth of living expenses and payroll for our one employee
~look for sound, safe investments
Oh I live and breath for the day that we wake up to being completely debt free...!
sunshine 01-04-2004, 07:30 PM For this year:
Pay off at least one credit card
Pay off one house (we own 3)
No new debt!
Over the next 5 years:
Completely credit card free
Pay off my car
No debt but the houses
In 10 years:
totally debt free!
bamamomto4 01-04-2004, 08:26 PM * Pay off credit cards (AGAIN!!! Don't owe much but I still owe :( )
*Have at least 6 month living expense in savings
Mom23boys 01-04-2004, 11:34 PM ~Have money in savings in case of emergency.
~Pay off 2 vehicles.
~Pay down mortgage
Karla 01-05-2004, 05:51 AM I'm working for total debt freedom....not going to happen anytime soon but its my dream..
for this year pay way down cc...no new debt.
Start saving weekly, for yearly expenses and emergencies.
isaacsmommy 01-05-2004, 09:31 AM For 2004, I would like to:
~Pay off at least 1/2 of our cc debt
~No new cc debt
~Make extra payments on our van
GardenerWannabe 01-26-2005, 01:49 PM Pay off one CC ($6K)
Continue paying extra towards mortgage
Start an emergency fund
nodmicks 01-26-2005, 01:52 PM ~3000 car/emergency fund ~looks like taxes should just about fill it.
~ pay off cc debt
~ pay off car note
GardenerWannabe 01-26-2005, 01:59 PM Pay off one CC ($6K)
Continue paying extra towards mortgage
Start an emergency fund
LadybugDreams 01-26-2005, 06:54 PM Yep!
~Try to pay CC debt down as much as possible so I can be a SAHM in 2 years.
& I guess this is a financial goal, since it will cost us between $14,000 and $18,000
~Trying to save up for our International Adoption and get our little China Jewel! :baby:
britbunny 01-27-2005, 07:05 AM For 2005
* Save at least £2500 in my ISA (I have saved £250 so far!)
* Sort out a pension of rmyself
For 2006 - 2010
* Pay of all loans (they are fixed term and will be paid of by 2008)
* Put all additional money toward the mortgage
For 2010 - 2014
* Pay off mortgage
niceday 01-27-2005, 08:59 AM Pay off $2900 student loan for dd, this is what we owed after all the schlorships she recieved. First payment due Feb. 11th. We have $1200.00 saved for the first payment. My goal is to have the loan payed of in June 2005, and then start saving for the next year.
thrifty gal 01-27-2005, 01:34 PM We have a few:
*Pay off all our cc debt
*Pay off our 1 personal loan
*Save for our home
*Have an EF and FA fully funded
kimmie 01-27-2005, 01:53 PM Like everyone, I have a bunch of small goals/debts to be paid, but I have one really big one...
We are only 3 years away from paying off our home. My dream is to have a huge party in the backyard next summer and present my DH with the note to be burned. So, every little bit I can, I'm paying toward principal...and looking for more and more ways to make and save money.
DaisyLady 01-27-2005, 03:34 PM Long term goal is to be debt free, mortgage free and living on two part-time incomes.
Short term - not use credit cards at all!!
pay off highest interest rate card by June 2005
Michele Annette 01-28-2005, 11:01 AM Yes!
* Paying off my CC...DH's is almost completely paid off!
* Saving more money in our emergency fund and a seperate saving account for moving and buying a home.
gkp1031 01-29-2005, 11:13 AM My goals for 2005 are~~
pay off credit cards
put more extra money on car payment
save for a house and buy one this year!
save, save, save!!
rebecca 01-29-2005, 11:26 AM Pay off car in March of 2005, I'm sure most of you know this already
Once pay car off put $100 in EF and $125 extra on house mortgage
Keep putting $100 in vacation fund until June, than from June to December put $100 in christmas fund. Been doing this for two years and works out great>
Put up $20 a month in my miscellaneous fund till June so when my title and insurance renewal come up I will have the money there and won't have to dip into anymore funds.
Keep putting $25 a month in the tution fund for my youngest daughter Dc trip they will take at the end of April of 2006. Don't want to dip in my EF for her trip. She will be selling candy next year for her trip so that will help pay for some of the cost.
Continue saving change in my money jar.
Can't think of anything else at the present. Figure it's a good start. Oh yea, any extra money I make at work I will put 1/2 in EF and half on mortgage payment
frugalmommie 01-29-2005, 12:09 PM Just one..to get my Citibank paid off!! I will celebrate big time when it gets paid off!
daddys3chicks 01-30-2005, 11:38 AM Pay down CC debt - switch one high interest card to a 60 month 4.9% interest loan for lower payments, and definate payoff time frame. Cut up the card and close the account. Continue to put money into savings each paycheck to develop EF. Continue to look for ways to save money.
Continue making one extra mortgage payment each month.
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