Sunday, September 7, 2008

Financial Goals

I have some financial goals that I want write down somewhere where I find them again.

1. Freeze the credit card. No more accumulation of debt. After two marriages this summer, it's time to stop using the card. It was beneficial to get the children starting out on the right foot.

2. Follow the following financial goals.
2a. Create a $1000 emergency fund. (Oct 2008)
2b Systematcally pay down debt. I'm sure I want to combine all the debt or just choose the highest interest debt first OR choose the smallest amount first. They all have their advantages.
1. Platinum Credit Card (April 2009)
2. Bank of America Card (July 2009)
3. Fair Financial (October 2009)
4. Knowles (June 2010)
5. Lexus (June 2012)

2c. Create an emergency fund of three to six months of savings. (June 2014).

2d. Create a sunk fund for large purchases. (June 2015).

3. Buy $10 / week in food storage replenishment. (September 2008).

4. Fill up water containers and store. (September 2008).

I will revise this as I go. Hopefully with raises and healing I will be about to accomplish these goals in half the time.

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