I already talked about a bunch of my goals in Part 1, but for Financial Friday, I thought I’d discuss some money-related goals. Not everything is about money, but I am more aware than ever that there are a lot of things I want to do to be a better steward of what I have and prepare for harder days in the future.
I’ll try to discuss each in turn next year, but for now, here they are!
- Fully Fund my HSA – My job gives me insurance with a Health Savings Account, which are incredibly tax advantaged. I’m sure to have medical expenses someday, possibly even this year, so the ability to get this tax benefit is well worth it. I just have to have the discipline to live without some of the money I normally have available each month.
- Keep up my contributions to my Retirement Account I was lucky that I started my retirement account contribution when I started my job, so I never knew what it was like to have that money to spend each month, but it’s important to me to keep that up even if the going gets rough this year.
- Double my Freelance Writing Income from 2017 – This might be my most ambitious goal, but I have a few things working for me: I’ve made a very small portion of my income writing in 2017, and the last month has introduced me to some amazing new clients who I hope will be able to help me double my money.
- Try Cooking 25 New Recipes – While not technically a money goal, cooking at home always saves me money, so having this goal to cook particular new things will be helpful in keeping me from spending money on one of my favorite extra things in life, restaurants.
- Move Money From a Bad Bank Account to a New Account – We have been working on this for a while, but we have a bank right now that gives us almost no interest on our savings and charges fees if we fall below our minimum balance. It’s terrible. So we are trying to switch to a different bank, and the process takes forever and requires forms and such, but we want to follow through.
- Get Out of Debt – This is the most exciting part: we’ve been saving and paying down debt for years now and this seems like the year when we will be entirely debt-free! I’ll talk about it more when we are definitely going to do it, but it is a hope for the end of this year!