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2020 Goals

December 29th, 2019 at 03:17 pm

2020 Goals are much the same as my recurring goals:

Max out TSP ($750 per paycheck): $19.5k

Max out Roth IRA ($500 monthly): $6k

Pay off TSP loan ($250 per paycheck with a projected payoff date of August 2020): $4k

Pay down CC debt: at least $5k

Pay down auto loan ($150 per paycheck with a projected payoff date of July 2021): $3.9k

Payoff of my auto loan will coincide with the 5 year anniversary at my PRN job. I will reevaluate whether I want to continue working that job at that time. I still want additional income but may take that opportunity to switch to an work from home income stream. If I can do it earlier that will be even better.

I added a Clever Fox 🦊 budget planner to my Amazon cart. I am so bad at budgeting. Honestly, my budget is nonexistent. Maybe this new decade I will change that. I think I will have to be more conscious of my spending to meet the goals I have set in 2020.

Posted in Investing ideas, Savings stories, Debt diet, Spending stuff, Budgeting, Credit Cards, Debt, Investing, Personal Finance, Retirement, Saving Money | 2 Comments »

2 Responses to “2020 Goals”

  1. Kymberlee Fisher Says:
    December 29th, 2019 at 06:39 pm 1577644747
    1577644747



    I don't like to call them resolutions. I prefer to think of them as goals. And they are pretty much the same as last year.

    - - Save MORE (I was off to a good start in 2019 but around the middle of the year I had to curtail the hardcore saving thanks to some minor expenses that kept piling on.)

    - - Spend LESS (I am a spender by nature. Did okay in 2019, spending ban on WANTS is in effect for now)

    - - Go to gym 2-3x a week (epic fail in 2019) With a job that now accounts for a longer overall day, something had to give. Frown

    - - Eat better (I had my ups and downs with this one)

    - - Lose 20 pounds (that did NOT happen)

    - - Less time online. (that did happen)

    - - Read at least 60 books (that DID NOT happen, but I had challenged myself to read 100 books and I came up 55 books short. Frown Real life does tend to get in the way of hobbies.)

    - - Declutter, declutter, declutter (that is an ongoing process)

  2. rob62521 Says:
    December 29th, 2019 at 09:28 pm 1577654928
    1577654928

    Good goals! Perhaps if you make a habit of writing down what you spend, you'll see where your money goes and you can figure out ways to save more to pay down more debt.

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