Goals for 2017

Financial Goals for 2017

Initial Goals Post – January 2017
February Financial Update
March Financial Update
April/May Financial Update
June Financial Update
July Financial Update
August Financial Update
September Financial Update

Goal #1: Emergency Fund (both human & pet) to $15,000

The stretch goal for this one will be a full $20,000.
Initial balance on January 1st = $6200.
As of September 1st, balance = $13,330.

Goal #2: Save $59,400 for Planned Spending

  1. Travel: $3000 >> Completed in April/May
  2. Income Tax: $400 >> Not Required This Year!
  3. More Home Renos: $35,000
  4. Other Travel: $5000
  5. Other Savings: $16,000

Goal #3: Retirement Savings & Net Worth

Net Worth: decrease by 32%
RRSP: increase by 15%
TFSA: increase by 155% (small numbers increase in percentages quickly)
Cash: decrease by 82% (spend on renovations)
Taxable Investments: increase by 16%

Goal #4: Monthly Spending Under $8000

2015 average was $7700.
2016 average was $8400.
The goal for 2017 is to be in the middle of those two at $8000.

Personal Goals for 2017

Initial Goals Post – January 2017
Personal Goals Update (September)

Goal #1: Visit with Family & Friends 2 Times per Month

Goal #2: Read 12 Books

Goal #3: Run 1000 km

Goal #4: Complete 1 Monthly Focus each Month

January: My Morning Routine
February: Realistic Expectations

June: Fitness

September: Meal Planning
October:
November:
December:

Goal #5: Complete 1 Monthly Challenge each Month

January: #MinsGame – Results: 1 to 1011 to 18; 19 to 22; Conclusion
February: Read & Relax
March: 5-Minute Clean-Up

September: Blogging Promise
October:
November:
December:

 

 

 

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