Category Archives: Goals

Passed our 2010 Net Worth Goal

We passed our 2010 net worth goal of $105,700 today!

We’re only over by a few hundred dollars, but we still have all of November and December left. God willing, we can use the next 60 days to make some headway on our 2011 goal of $138,100.

I will update our net worth meter (at left of webpage) at the end of the month.

Net Worth Milestone – $100,000

We passed a net worth milestone of $100,000. We hit our last net worth milestone, $90,000, back in April.Psychologically, $100,000 represented a big hurdle that didn't seem obtainable when we started tracking our net worth in February 2007. At the time, we had a negative net worth of -$3,168.85. Setting a plan and trusting in God allowed us to reach this goal. And there are many more ahead...Our spreadsheet suggests we will hit our next milestone of $110,000 around March. I will update our net worth Read more [...]

Net Worth Milestone – $90,000

We just passed the net worth milestone of $90,000. We hit our last net worth milestone, $80,000, just one month ago.God willing, it looks like we'll hit a net worth milestone of $100,000 in July. That's a big milestone and would mean we're way ahead of schedule of making our 2010 net worth goal of $105,700 in December.I will update our net worth meter (on the left side of the screen) at the end of the month. Read more [...]

Net Worth Milestone – $80,000

We just passed $80,000 net worth milestone! Thanks to our $4,111 tax refund and good performance in our retirement accounts, we currently at a net worth of $81,635.73. We passed the $70,000 net worth milestone in January, so it only took us 2 short months. God willing, we should hit our $90,000 net worth milestone in July.

I will provide further details and update our net worth meter (on the left side of the screen) at the end of the month.

2010 Goals

Below are our primary financial goals for 2010.1) Increase net worth to $105,700We finished 2009 with a net worth of $68,437.63, $7,162.37 short of our net worth goal. We’ve missed our net worth goal that past two years, so hopefully we can hit our 2010 goal of $105,700. We’re starting off a little behind the 8 ball because we didn’t hit our target this year, but based on my rudimentary forecast, this is a reasonable goal, and we should reach it if we stay focused.2) Increase savings account Read more [...]

2009 Goals Review

2009 gave us a wild ride and we feel very blessed to have had as great of a year as we did. Below is a table compiling our net worth data for 2009 (click on table to enlarge). We set some goals for ourselves this year and overall, did pretty well. Below are each of our goals and the progress we made. 1) Increase net worth to $75,600 This goal looked doable, but we had a couple of challenges that kept us from hitting this goal. First, we missed our 2008 net worth goal by $5,716.31, so we started Read more [...]

Net Worth Milestone – $50,000

I already spilled the beans in my August New Worth post, but we passed the net worth milestone of $50,000! There, now it’s official.

We hit our last net worth milestone of $40,000 in 12 months ago, in August 2008. With the depressed economy and short selling our condo, reaching a net worth of $50,000 has taken us a bit longer than expected. Nevertheless, that doesn’t take away from how great it feels to hit this goal.

Thank God for all of our blessings!

2009 Goals

Since we are on the eve of the new year, I thought it would be appropriate to post our goals for 2009. I’m not sure what to expect in 2009, but we have great hopes. Below are a few of our goals for 2009.1) Increase net worth to $75,600This should be doable if we are able to hit most of the goals below.2) Wife to get a new job Ideally, my wife will get a job in the same industry as her last job and receive similar benefits, such as a company car and matching 401(k). How long the job search takes Read more [...]

What A Difference A Year Makes

Last August, I posted about how our financial situation had significantly changed for the better from two years prior. What’s interesting about that post is that 10 days later, my wife was laid off from her job and we faced a potentially challenging time. Less than a week after being laid off, we were blessed with her receiving a new job, saving us from what could put our financial situation in dire straits.Well, now I’d like to take a look at August 2007 compared to August 2008 (see below). Read more [...]