Tuesday, January 28, 2014

2014 Goals...

I am setting some goals for 2014. It's always great to have focus.

  • Pay off a Minimum of $20,000 in Debt
  • Maintain $10,000 in Savings 
  • $10,000 in Savings
  • On target to pay off $20k-$25k in debt this year. 
Health & Fitness:
  • 8 Hours of Sleep
  • Minimum of 1 Gallon of Water Daily
  • Run 3 Times a Week
  • Jump Rope 15 Minutes Daily
  • Run Races and at Least 1 Half Marathon 
  • Plenty of sleep. Interrupted but ample.
  • Drinking lots of water
  • Registered for the Shamrock Shuffle - 5 Miles by End of March
  • I love love love to travel.
  • Take at least one big trip - Destination TBD
  • Visit my friends in NJ
  • Visit my friend in DC
  • Visit Niagara Falls
  • Visit CA with a drive up the coast 
  • In talks with friends for a visit to NJ
  • I will put out some alerts for deals to Niagara Falls 
  • Looking to book the DC trip for Summer
  • I haven't visited my college friend in LA since 2003 so I want to visit her and meet her new son. 
I am totally excited for 2014 and I believe it will be a year of GREATER! 


Scooze said...

Good goals! I like your commitment, and your tracking. I went back to look at the last monthly budget I could find. In September (I think) you paid about $1,300 toward debt. If you intend to pay off $20,000 that will mean paying $1,666 in principal alone. There will likely still be some interest in your payments. To make things round, let's say that will mean paying $2,000 per month toward your debt. Does this look about right? That's a big increase over last year. Just want to make sure that you are being realistic - can you do this? What is the plan? If it's not realistic, you might bring that goal down so that you can make it achievable. Anyway, good luck!

Chitown said...

Hi Scooze,

Thanks for the comment. The bulk is coming from my annual bonus which was ~ $13,000 after taxes this year. Then the remaining will come from two extra paychecks this year totaling $4,600 and then the liquidation of stock which is another $4,400 minimum. Then there are the regular monthly payments which should put me well over the $20,000 mark.

I will post an updated budget soon. I pay ~ $1,400/month towards debt right now with regular monthly payments.

ShellyShell said...

I'm glad you're back!!!
Your goals look great.
As for Niagara Falls go to the Canadian side. They are much better. I'm from Buffalo so I'm very familiar with the falls. Growing up I went at least 4-5x/year. When I was in college and went home for break me and my friends would go to Canada because the drinking age is 19. SMH! I always say I'm going to go and pay them a visit when I go see my parents but I haven't made it.

Chitown said...

Hi ShellyShell,

I have a good friend that lives in Toronto. I may just coordinate with him and we can hang out at the falls together. I have to travel to Toronto for business this Summer so I'll just extend my stay. That actually sounds fun.


Chitown said...

lol about the drinking age! =)