I was terrible at staying on top of my 2016 Goals, so I hope to be better in 2017. I really liked the way I had set up the 2016 Goals because they were broken down by "Goals" and "To Do's" but then I almost never looked at them again so I won't go into as much detail this year in this post.
What I'd like to do is, at the beginning of each month, re-read this list and assign myself specific goals from the list with, then, specific to-do's. And then report on my progress on that every month's end.
I'm awesome at planning things, not so much at actually following through with them, though. This year has got to be different. I'll be turning 50 so it's time for me to act like a grown-up!
- Continue to track all expenses in my spreadsheets
- Report all expenses on the blog, daily (for accountability and a kick in the pants to perhaps spend less!)
- Keep to a $50 a week grocery budget (avoid stocking up on items until I have actually ran out of them).
- Overall FOOD expenses budget to be $5,300 including ordering in.
- Continue reporting on Food Waste every Friday. No excuses.
- Avoid ordering in during the week by making a menu after looking at what I have in the fridge.
- Continue to try to purchase as many items from the thrift store as possible
- Calculate our bare bone budget and see if we do have 12 months' worth.
- Then separate it from our other savings, maybe put it in a CD that is FDIC insured.
- Increase our emergency savings by $2,000.
- Calculate our Net Worth
- Create spreadsheet to calculate our Personal Savings Rate in 2017
- Set up an automatic transfer of Greg's raise equivalent to Savings each time he gets paid
- Keep the same extra mortgage payment to principal
- At the end of the first week of the following month, transfer leftover money from budget (if any) into savings
- Make a budget for trip to France and stick to it
- Apply any bonus to our mortgage
- Schedule maintenance checks for all 3 vehicles
- Get the shower leak fixed
- Rebuild the front porch or tear it down
- Identify faulty electrical outlets and call Duke Energy HomeWire to schedule someone to replace them
- Reduce Christmas expenses:
- gifts (give the kids advance notice)
- food for buffet
- Repaint master bathroom's ceiling with mildew resistant paint
- Repaint kitchen cabinets
- Repaint master bedroom
- Remove Greg's line from our AT&T plan
- Gardening: budget of $50 for the year and mostly to make new bins (reuse what we already have)
- Car insurance: see if should drop collision on SUV and truck and the consequences of this (i.e. can we keep road assistance coverage?)
- Put money aside corresponding to our son's chore earnings since the last time I calculated his total (in his savings account)
- Continue to earn "snowflakes" and track them all year
- Budget a donation amount and research the charities
- Open the latest statements (put reminder on calendar to do this every quarter)
- Update the big picture matrix and share it with Greg
- Note which funds are underperforming and make changes if necessary
- Rebalance investments so we don't have 100% stocks
- Make sure to discuss with Greg the assignment of the money in our investment account that "is just sitting there" and follow up with him
- Read Kiplinger Magazine
- Read The Bogleheads' Guide to Investing
- Refer to my 2016 goals for my ideas if I run out of things to do!
- Continue to contribute the maximum to Greg's Roth 401(k)
- Make sure we contributed to IRAs for 2016 (see if we qualify first!)
- Contribute to IRAs for 2017 (same thing)
- Roll over Greg's old 401(k)
- Investigate my IRA's performance and see if I need and can change fund allocation
- Examine current 401(k) fund allocation and readjust if necessary
- Make note of when stock options are vesting in 2017 and put detailed alerts in the calendar
- Start gathering the 2016 tax paperwork in one folder (print them as they come in)
- Continue tracking Greg's paychecks in my 2017 spreadsheet every 2 weeks
- Continue tracking all FSA expenses separately to assess whether we should increase the fund the following year (this will be the 2nd year that we rolled over money so we might lose it if we roll over into 2018 again? Need to check)
I think that's quite enough as for now :)