At the end of last year I set some goals for 2018. Here’s where things stand as of the end of Q1!
Max out 401(k). On track! I adjusted the % of each paycheck I put towards my 401(k) at the beginning of the year to tie to the 2018 limit.
Make 2017 IRA contribution (amount TBD). Done! I made a contribution in February as I was completing our tax return for the year.
Finalize will. Not yet complete. We were supposed to sign the paperwork earlier this month, but got derailed by having to stay at home with a sick kiddo. This should happen in April.
Fund 25% of Financial Freedom goal for non-retirement funds. I put part of our tax refund in our brokerage account, so as of today we’ve funded 23% of the financial freedom goal for non-retirement accounts. I’m pretty happy with this percentage, given the ups and downs we’ve had in the markets recently.
12 Items in 2018. I wrote a post in February about limiting my clothing related purchases to 12 or less items this year. As of today, I’ve purchased one item – a pair of jeans. I work in a business casual environment and wear jeans about 95% of the time.
Average one post per week. This is on track year-to-date, but it may be difficult to maintain for the full year. Work is getting busier, and I’ve got a maniac toddler running around. Also, my experience of blogging thus far is that inspiration doesn’t come on a regular schedule. I don’t want to feel forced into writing something if I don’t feel interested or inspired about the idea. Hobbies are supposed to be FUN, right?!
Share quarterly updates on progress against the Financial Freedom goal.
Here’s where things stand as of today. We are a whopping 1% CLOSER to our goal compared to when I wrote the original post in December! I guess with the swings in the overall market (and my company’s stock price – I own some shares in my 401k/employee stock purchase plan) I should be happy that any progress has been made.
Attend FINCON 2018. This is unlikely to happen this year, but I’m not going to take it off the list yet.
Get 2nd mortgage balance below $10,000. I realllllly hate this loan. I’m throwing a few extra dollars at it every month, but there are too many other places that our money is going right now to make this a priority this year. I’m hoping maybe I can throw a few bigger chunks of money at it as the year goes on.