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Discussion Starter · #1 ·
Hello all. this is our yearly thread for sharing our goals with money management, get out of debt, save more money etc. What do you want to accomplish this next year. For me this type of thread holds me a bit more accountable in what I want to accomplish for the year. I hope it does the same for you. All are welcome to join in and share their goals, We can cheer each other on. My goals this year include: 1. Pay off the mortgage. I think I have about 6 months left on this goal with the extra I have been adding each month. ( 4 years ago I made the unrealistic goal of having the house paid off in 5 years. I put in the effort and started watching my results. As I went on and started seeing the results I knew it was achievable in my goals. This thread held me accountable, and also helped to cheer me on. I had over 9 years left on the mortgage then, I am down to a year now without adding extra, I want it done) 2. Fully fund 2 IRA accounts. 3. Add to savings to get it back up where I feel more comfortable with it ( we used it to pay for a new heat pump this year) 4. New CD's This will totally depend on the interest rates. They stink right now so this is a maybe goal. 5. New to us truck. Still haven't gotten one and we will need one. 6. a trip to my mum's. this depends on the virus and the border.

What are your goals, feel free to share and welcome to all
 

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well plug along as we are doing. paperwork that needs to be doing for dd inheritance plus getting her going with a job. already stepped back from some things at work..less stress and since I have limited energy better. Will try to get more stuff done at home long overdue tasks lists like paint the bedroom, declutter , clean up basement etc. somethings well like visits etc covid will see. not planning ahead much. but need to keep spending down ..not that I need anything! and use up food we have etc. plenty of stuff around to craft with or read too.
 

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Discussion Starter · #4 ·
Welcome all. I spent a bit of time today looking at my mortgage payments from last year. Goal last year was to pay principal down by 50% I was almost 75% paid off last year. That makes me extremely happy that I accomplished that. Just small and steady will get to your goals, I do have some money set aside for both of the IRA's I want to fill and also money set aside for the next mortgage payment. I do have money set aside also for a CD that is renewing this year, I just hope the rates are better by the time that comes due. Hoping our truck squeaks by for another year. It is not in good shape.
 

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Our goal this year is to spend less and pay off more debt. Dh tries to work a few hours of overtime each pay period. We will but that towards debt and anything extra we have. He has about 2 years left at this job. We hope to have everything paid except the house maybe a little on the car. Dh will either be able to "retire" or find something less demanding. We are seriously cutting down on what we spend on dgds and their parents. No more frivolous spending on them. Eating out less is going to be a big goal for us. Looking for super easy, simple, healthy meals for us. I know we have a few car repairs that need to be done, but we will budget and slowly by what we need.
 
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