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2012 Goals...Kind of

January 16th, 2012 at 09:03 am

Our 2012 financial goals are still not entirely flushed out. But of course, I have ideas. So, I'll write those out here. The problem I have getting these goals firm is that we are likely to move this year and my husband is still living in another state until at least May. We are starting to spend some cash on home repairs in preparation for getting the house sold. There are just a few unknowns! Ugh.

1) Complete 2011 Roth contributions. Used tax refund money. Deadline April 15, 2012.

2) Pay off tires. Remaining balance $600. Use $300 Chase rewards and $160 tire rebate. Remaining balance out of pocket $140. Deadline March 31, 2012.

3) Contribute 7% to TSP. This is on autopilot. Yes, something easily accomplished.

4) Contribute maximum about to our Roth IRA's for 2012. Preferred deadline December 31, 2012.

5) Contribute something to college. $500 each minimum.

6) Save for a Free Christmas. At least this is started. Goal $700 or more.

7) Increase emergency fund by $3,000. Or at least end the year with the same amount we started the year with.

8) Pay extra to truck loan. Get the balance under $10K would be ideal! Oops! I checked the amortization of this loan. We'll be under $8900 by the end of the year without extra payments! So, I'll make it my wish to be under $8K by the end of 2012.

I plan to re-evaluate all goals when we move. Because everything changes. In the meantime, we are in status quo mode. Don't add new debt. Pay the bills we have. Keep as much cash in our pockets as possible.

There you have it. What do you think?

3 Responses to “2012 Goals...Kind of”

  1. mjrube94 Says:

    I think the free Christmas challenge is a great idea! Good luck!

  2. Looking Forward Says:

    It all sounds great. I am cheering you on! Big Grin

  3. Ima saver Says:

    sounds great!

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