Well, today is the first weekday of 2010! My kids started back to school today, my husband went back to work and Noah and I had our first Mommy and Me class of the year. It was a busy day for us all.
Beyond simply getting back into our routine, I also sat down today to map out my financial earning/saving goals for 2010. It is so helpful for me to have a map of what I want to accomplish for myself each year.
So, I am going to try and reach a $10,000 goal ( 10K ) this year. For those of you who keep up on my earning/savings tracking each year, this may seem like a decrease. But, I have decided to split out my blogging earnings separately. I am only doing this, because for all my readers who do not blog we can then do this challenge together.
I will still track my blogging earnings, but it will be it's own unique goal.
Here is what I came up with for myself. Take this format and tweak the numbers to be what you think you can achieve. Do you think $5,000 is enough for you this year, then alter the figures. This is your own personal road map, so create it to fit your needs.
And, before you get started, remember this. This extra money you earn/save is a chance for you to slowly get ahead. I know these numbers aren't huge. But over 10 years, $10,000 is $100,000. Every little bit adds up fast.
Money shouldn't burn a hole in your pocket. Instead, take a look at your families finances to see where this money can best be used. If you have high interest debt, can this help wipe it out? Have you been meaning to get your emergency fund started? What about retirement investing? Try to figure out now where you will allocate all this extra money you will have this year.
- $4,000 Online Offers ( My goal is $1,000 per quarter )
- $1,000 High Interest Checking
- $1,000 Groceries ( going to try and drop from $100 a week budget to $75 a week )
- $1,000 Sale Shopping
- $500 Credit Cards
- $500 Mystery Shopping
- $400 Surveys/Market Research
- $400 Bank Offers
- $400 Phone/Cable/Household bills
- $300 Insurance
- $300 eBay/Craigslist
- $100 Online Searching
- $100 Misc
What is your homework for today's challenge?
Create your own personal Challenge for 2010! Then, come back as we begin breaking down each method in our challenge and get a jump start on the new year financially!
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