Sunday, January 3, 2010

2010 Goals

3 days into the New Year, and after sitting down with a pen, paper, and calculator, it didn't take us long to determine where we needed to be headed over the next 12 months.

Our specific goals for the New Year:

1. Begin a monthly savings for our trip east in 2011. We are planning (loosely for now) to take 3 weeks off and drive back east to visit some friends and family in the fall of 2011. It's an ambitious goal, to be sure, but we know the only way we can possibly make it into a reality is to start saving what we can, and start now.

2. Reinstate our 401K savings. With the furloughs, we had to cut back everything we possibly could, and that included the 401K contributions for a short period of time. We knew we could only responsibly do it temporarily, so next month it will go back into effect.

3. Increase our monthly savings for our car expenses. We save every month so that we have the cash available when registration, insurance, and repairs become due. Like many other areas of our budget, it took a reduction because of the furloughs. Next month that will go back up as well.

4. It should go without saying, but we will also continue to snowball towards our target credit card. This year we hope to see a substantial reduction in credit card debt by the end of the year.

We're ready.

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