Short- and intermediate-term personal finance goals are an important part of paying down big debts and striving toward financial independence. I wrote about this once, here.
Here are the goals I’m looking to accomplish in December:
Goal #1: Pay off the last of my credit card debt.
I’m now down to the last $2,900 of what was once a $35,000 insurmountable mountain of credit card debt.
It has been a long, hard road to get to this point, but I’m ready for this chapter of my debt paydown story to be done.
By the time the ball drops on December 31, I will have paid off my last credit card. And it will be awesome.
Goal #1a: Have a payoff party
Not an actual party, but if I do pay off that last bit of credit card debt, I’ll find some way to celebrate that doesn’t add more credit card debt.
Goal #2: Limit gift spending to $100
I love and value my parents, and want nothing but the best for them. I have a big extended family and several close friends, and have deep, meaningful relationships with many of them.
My parents, other relatives, and friends are very important to me. I truly value them.
As with all things that involve spending money, I’m picking a budget and putting together a plan that stays within that budget.
Goal #3: Write down New Years Resolutions for 2014
Holy crap, it’s the end of the year. It’s time to re-examine my long-term goals, learn from my successes and failures this year, and figure out what intermediate goals it will take to get to the finish line.
Goal #4: Run outside seven times
Because my legs are going to forget otherwise.
Goal #5: Try not to think about money so much during the holidays, and show friends and family how much they mean to me through ways that don’t cost money
This is a poorly written goal because it’s difficult to measure, but I’d like to have it on paper to ensure I make a conscious effort to do this.
And those are the goals for the last month of 2013! Anyone else shooting to knock out something big this month?