Thursday, December 1, 2011

Tentative 2012 Goals

I'm working on our 2012 goals (both family, financial, & personal) & have quite a few lofty aspirations. I may need to whittle the list down a bit. :-) I also need to review our updated income/bonus projections & determine if any of these need to be adjusted based on reality.

Family goals:
  • Take a family trip. We're planning on Hawaii over spring break.
  • Teach our youngest son to ski, and continue to help our oldest son improve his skills.
  • Set up will/trust/guardianship for the kids. This is getting carried over from 2011, because I don't see this happening in the next few weeks.
Personal goals:
  • Get promoted at work or find a new job
  • Start volunteer writing
  • Achieve/maintain my weight at 130
  • Run a 1/2 marathon
  • Complete 8500 minutes of cardio
  • Learn to bake bread

Financial goals:

  • Fund boys college accounts to 50% (currently at 40% each)
  • Pay down vacation mortgage to $200,000. This will mean paying off roughly $107,500 of the principal this year. Still crunching the numbers to see if we can do this.
  • Pay off M's 401K loan. (We may get this done this month in 2011, but it takes a long time to get the paperwork to clear. Funds, however, are ready to go for this.)
  • Pay down HELOC to under $100K This will mean paying off roughly $80,000 of principal in 2012. Still crunching numbers to see if we can do this.
  • Consider/research/investigate rental property
Are you working on your goals for 2012? What are you hoping to accomplish in the year ahead?

5 comments:

  1. This comment has been removed by the author.

    ReplyDelete
  2. I'm working on my goals right now, it's crazy to think that the year is almost over!

    ReplyDelete
  3. What great, measurable goals! I want to wait until the end of December to finalize our 2012 goals. I have in mind what I'd like to have for our financial goals, but until I can see exactly how much was spent in 2011 (this is the first year we've tracked expenses all 12 months) it's hard to determine what will be realistic.

    ReplyDelete
  4. Steady - part of my role at work involves setting extremely specific & measurable goals, so it comes naturally by now. ;-)

    Michelle - I know! Can't believe it myself.

    ReplyDelete
  5. Our goals are done...now I'm ready to get started!

    Good luck with yours - I'll be cheering you on :)

    ReplyDelete