<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > Progress: 2010 Financial Goals

Progress: 2010 Financial Goals

February 27th, 2010 at 06:49 pm

Our basic goals for 2010 break down like this:

1) Max out our Roth IRA's = $10,000
We make monthly contributions that are automated
2) Save 7% of basic pay in TSP
Automatically taken from paycheck
3) Pay off home equity loan
Only $199 plus interest to go!
4) Save money for college = $3,300
We are scheduled to start contributions in March. I hope to automate these as well
5) Add money to emergency fund = $7,000
I expect we can start adding money in April Smile
6) Pay off van beginning balance = $19,444
Balance is now at $18,579.87 from regular contibutions only. We will begin adding extra in June
7) Convert IRA's to Roth IRA's
Approximately 65% of our IRA's were converted in February. May not convert the rest until later in the year.

I'd say we are on track so far in meeting all goals. Yipee!!

Posted in Saving, Home Equity Payoff, Debt | 3 Comments »

3 Responses to “Progress: 2010 Financial Goals”

  1. toyguy1963 Says:
    February 27th, 2010 at 07:01 pm 1267297264
    1267297264

    I'm not the only one that put off posting my goals. They are looking good.

  2. Homebody Says:
    February 27th, 2010 at 09:58 pm 1267307889
    1267307889

    Rats I forgot to talk to the accountant about converting IRAs. Need to do that when I take him our K1s. Thanks for the reminder. Nice list!

  3. carterfinance711 Says:
    March 1st, 2010 at 02:14 pm 1267452863
    1267452863

    Wow those are great goals! I don't know how people do it without setting goals..it's so important!

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]