I was looking at my spreadsheet of my finances that I have kept since I was in the throes of paying off debt. It's really great sometimes to look at it and see how far I have come, from being over $30,000 in debt, to now owning my own condo and with the exception of the mortgage, I am debt free. As you may have noticed, I have added my net worth graph to my blog, and it has gotten me thinking. What would I like to see that graph look like by the end of the year? And what about next year and the year after that? 10 years from now? Well, before I get too far, I would like to share some of my goals for the next few months to finish up the year with it.
*I would like to see that Net Worth total be at $70,000 or higher.
*I would like to have $7,000 in my savings account.
And some other goals I have had for 2007, I have already achieved. I bought my first home in April and I love it! I am even enjoying paying the mortgage as opposed to writing that rent check each month and saying goodbye to that money forever. I also have remained, consumer debt free and although I use my credit cards each month, I also pay them off in full each month. I really dislike paying interest. Have I told you that before? LOL!
As for 2008, my number one goal is to get the amount of my mortgage down to 80% so I can drop that damn PMI! It's only about $20,000 left until that point and I think if I am very diligent I just might be able to do it. At the latest I would like to see this gone by June of 2009. I will use my bonuses and I have decided to put my survey money and any "extras" to that. 2008 it will also be a year that I remain consumer debt free, I just can't imagine slipping back in to my old habits of shopping and paying for it over and over in the form of interest. I don't want to put too many goals down, but I would like to focus on these big ones.
Has anyone else started to think about goals for 2008? If you have, I would love to hear about them.........