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2010 Financial Goals

January 1st, 2010 at 02:33 pm

Our basic goals for 2010 break down like this:

1) Max out our Roth IRA's
2) Save 7% of basic pay in TSP
3) Pay off home equity loan
4) Save money for college
5) Add money to our emergency fund
6) Pay down/off van loan
7) Save cash for a truck
8) Convert IRA's (if feasible)

I plan to flesh these goals out with exact numbers soon. These goals will take us into 2011 when we expect my husband to return from overseas.

The retirement goals are automated, so these will be easy. The home equity loan is top on my list with an expected payoff at the end of February!

We often have focused goals. One or two big ones at a time. My husband's deployment will bring in extra cash so we are going to tackle several goals at a time.

4 Responses to “2010 Financial Goals”

  1. Apprentice Bliss Hunter Says:

    Sounds like a great plan ! :-)

  2. boomeyers Says:

    Good luck!

  3. homebody Says:

    I am also considering conversion to Roth's this year. Good luck and let us know when DH deploys so those of us who pray can keep him on our list.

  4. ceejay74 Says:

    Good range of goals! This is the first year I listed out specific annual amounts for my financial goals, and I'm excited about having the bigger picture already worked out. Fleshing yours out with the numbers will make them seem all the more real, I think.

    Your HEL and my loan from my dad will probably cross the finish line very close to each other! Smile

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