Financial Goals

First of all, let me thank you for your patience in my absence from writing this blog.  My beloved grandfather passed away the same day I posted my last entry, October 18th.  I found that I needed to take a break from posting for a while, and I appreciate your understanding.

Now, I’d like to talk about your Financial Goals for 2015.  When the clock turned over to 1/1/15, perhaps you made some resolutions – eat healthier, go to the gym, or get a new job.  Did you make any financial resolutions or goals, too?

A few examples of financial goals could be: get out of debt, increase your emergency fund, pay off your car or school loans, or create a realistic budget that you’ll stick to this year.  Of course there are many other financial goals you could choose, but it’s important to choose at least one.  You might even consider choosing two – one short term goal that can be achieved within the year, and one long term goal that may take a year or more to achieve.  As in other areas in your life, having financial goals will help you focus your energy.

My husband and I have gotten into the habit of saving a little bit each month toward our financial goals.  This year, our short term goal is saving for a new bed, and our long term goal is saving for a down payment on our first home.  We will easily save enough money to buy a new bed long before we have enough money saved for a down payment on a home.  But it’s important to recognize that saving a little money each month toward your financial goals is very helpful, no matter how big or small the goals may be.

What are your financial goals for 2015?  Please share them in the comment section below!

Happy decoding!

Fun fact for today – “You can hold a Ferris wheel in the palm of your hand.  How?  It’s easier than you might think.  So is turning cartwheels with your fingers.  Both “Ferris wheel” and “cartwheel” are nicknames for silver dollars!” (Source: http://www.usmint.gov/kids/coinnews/funfacts.cfm?group=1)

PS I know I usually post on Saturdays, but I decided to post today in honor of Grandpa’s birthday, when he would’ve turned 88.  Happy Birthday, Grandpa!  Thanks for all the wonderful advice on money and life you gave me throughout the years.  I love you!

Photo credit: Axente Productions, LLC Nanny & Grandpa performing the Flower Girl honors at my wedding: August 17, 2013
Photo credit: Axente Productions, LLC
Nanny & Grandpa performing the Flower Girl honors at my wedding: August 17, 2013
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