2009 will be a fresh start for me literally as I am now 100% debt free. I have already been thinking about what goals I want to conquer for the new year.
Last year I had two big goals for the year.
1 - Become Debt Free - Check! I pulled this one off just in time.
2 - Start My Retirement Savings - Sadly, No.
For 2009 I need to really think about my goals because there are so many things I need to take into consideration.
Exhibit A - Bf and I have a plan to leave the country for one year. I am hoping to have a minimum of $5000 saved before the trip. We are backpacking Australia will be working along the way. Items I need to purchase include : proper clothing, sleeping bag, gear (headlamp and such), plane ticket, etc. Those items will need to purchased above and beyond the savings. Eek!
Exhibit B - Retirement Savings. I don't know what my issue is with getting this started. I have been well aware since I was 14 years old the benefits of starting early and here I am 12 years later and still nothing. I need to get educated on this and get my arse moving. I have a lot of catching up to do in this department. This year my goal is just to get started. I'm not going to give the big push on this for 2009 because I have a lot of other financial commitments.
Exhibit C- EFund Beefaroni - I am thinking that my goal for this will be $2500.
Exhibit D - Secure Credit Card - I really want to start rebuilding my credit. A secured credit card is what I'm looking at to get me started. It will also allow me to open a shop on Etsy and can be used for an emergency when traveling. I am estimating between $500-1000 for this.
In the next few years I will also need to consider other goals such as: wedding fund, home fund, baby fund and educational/entrepreneurial fund. I don't want to overwhelm myself with financial commitments and I'm already feeling that this will be quite the heavy load. I need to think these over and make sure they are all S.M.A.R.T goals.