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2023 Goals

January 12th, 2023 at 03:51 am

I am updating my goals for 2023, which actually haven't changed from year to year. One thing that I did not do at all last year was to give to a church. I did end up joining a church. I'm still trying to make it feel like home. I joined a ladies group & we had a nice belated holiday party this week. I don't end up attending my new church often between working every other weekend & traveling home other weekends.

I did give to charity regularly, but I would like to give more & give to local charities more often - specifically food banks.

My 2023 savings goals looks like:

$22,500 to TSP

$6,500 to IRA

$6,000 to brokerage account (taxable investments)

$6,000 to savings

$41,000 to save in 2023

I saved $39,500 in 2022 so I'm confident that this is an achievable goal.

Posted in Investing ideas, Savings stories, Investing, Personal Finance, Saving Money | 4 Comments »

4 Responses to “2023 Goals”

  1. Wink Says:
    January 12th, 2023 at 08:38 pm 1673555911
    1673555911

    Food Banks can really use the donations. I still volunteer through my senior center delivering donated food to people in my community. The amount of donations really declined the last several months. Thank you for donating to them!

  2. MonkeyMama Says:
    January 15th, 2023 at 12:45 am 1673743555
    1673743555

    My goals and (household) income are similar. I just did the math and $41K is our goal too! I was just thinking it was in the same ballpark.

  3. terri77 Says:
    January 16th, 2023 at 02:27 pm 1673879245
    1673879245

    MonkeyMama, $41k is an impressive savings rate when you are soon to have two in college!

  4. MonkeyMama Says:
    January 16th, 2023 at 02:56 pm 1673881006
    1673881006

    Well, it's cheating a little bit. The cash we are saving is probably just going to go to college expenses (in the same year). But we always save a fair amount of cash and so am just keeping that as a placeholder re: our savings goals. Plus this year we might not have any college rent. In that case, I can save $41K (without touching any of that.)

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