2008 Financial Goals Nearly Met
May 2nd, 2008. Filed under: Finance & Fitness Fridays.In late November 2007 Patrick at Cash Money Life asked us to make SMART goals.
S – specific
M – measurable
A – actionable
R – realistic
T – timely
These are my SMART goals for 2008:
My main financial goal for 2008 is to pay off a no interest x 1 year purchase of a new central a/c unit. This will be $4,485 due in July. During the second half of the year my goal is to pay off all remaining medical bills from an unexpected 10 day hospital admit and two surgeries. Right now that is approximately $2,000. Being optimistic now my goal for the remainder of the year will be to pay off my car. I am so looking forward to no car payments (ever).
This is how I’ve done:
All money saved for A/C pay off. I’ll be sending that near the end of June.
All medical bills paid off.
$1288 left on my car loan. I’ll be putting a big chunk of our stimulus check towards that. $600 will be going into the emergency fund and $500 towards the car which will be paid off by the end of July.
I need a goal for the rest of the year. I owe $8450 on my credit card. God willing, that will be paid off by the end of the year. I’ve already decided on a plan for drastically reducing the cost and hassle of Christmas 2008. (No, it doesn’t have anything to do with gift cards.) Think RED! I will post about my new discovery next week.
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