I can’t believe that it is almost 2016 already. 2015 was a busy and exciting year for me. I hope 2016 is a bit quieter, but I doubt it will be. I already know of all sorts of exciting and fun things that are in the works, so I’m enjoying the down time this week. (I have the week off work and am spending a lot of it at home, reading and puttering around my house.)
Anyway, I figure it is best to get my 2015 review done before the end of the year, so I’m going a bit off schedule of my regular Tuesday/Thursday posts (regular in that I’ve been trying for that schedule for about a month now…) and am posting my review today so that I can squeeze it in before the new year.
Last year, I started my blog off with 4 posts about the goals I had for 2015. I did a bunch of somewhat mid-year reviews in August and September that pretty much covered everything… and I honestly haven’t done much since then to get any further on my goals, so if you read that, this won’t really contain anything new… and will be a quick summary of how I did with my 2015 goals. I’ll talk about my new 2016 goals in another post, probably next week.
First up, my financial goals. In my initial financial goals post I made five goals. I reviewed them all in August, but didn’t really make any major changes to them…
- Budget: I am really happy with how far we have come with our budgeting. We keep track of our spending, and while we aren’t always super frugal, we have made good strides towards living a more frugal life. The turning point for me was definitely finding the YNAB software. I am a sucker for the built in graphs and reports.
- Planned Spending: I’m not sure if I should be proud of the accomplishment of saving up a bunch of money then spending it all… but we did it. We had three big savings goals and though we haven’t actually spent all the education money yet, it’s there waiting to be spent. If we add that all up we saved over $30,000 for our planned spending this year. That’s pretty good savings. Now we just need to put that towards more long term goals…
- RRSP: I started the year with a vague goal for my RRSP contributions, and throughout the year I made changes to it… first to make it more concrete… and then when I reached that goal a few times, I increased it. I’m happy to report that at this moment, my RRSP is over $50,000 so despite my low value when I did my review in August, I did manage to meet this goal! YAY!
- TFSA: Let’s just say this didn’t happen and move on, shall we?
- Emergency Fund: Originally this was a $10,000 goal, but with over spending in a few areas throughout the year, I decided to go smaller to start… and $3000 was the final goal… unfortunately, I only made it to $2500. Better than nothing, but not there yet.
Reading over my three original professional goals, they weren’t really specific enough, or very measurable… (definitely not “SMART” goals), so it doesn’t surprise me that in my mid-year review, and even now, I don’t really feel that I’ve done well at these goals.