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?


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

  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.

  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.

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

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