On the first of each month I’m going to lay out our goals for the month, and then at the end of each month I’m going to recap our income and see if we met our goals. Since my husband and I are both self-employed, our income will fluctuate and it will be interesting to see our income grow (hopefully!) over the months/years. I also plan on talking a lot about our investing strategies and what we’re doing to generate a passive income. Anyways, on to the goals…
Sarah income: $1700
- Editing $800
- Writing $900
- Get one financial staff / guest posting job, paid or unpaid
John income: $3000 (first official month as a business owner — not bad!! Hope we hit this!!)
Get more organized with couponing
Set up IRA’s
- John rollover: $7,990
- Sarah rollover: $1,750
Get Synchrony savings account finalized. We are putting $20,000 into a high-yield savings account with Synchrony. More on this later…but why earn .05% interest when you can earn close to 1%?
Wake up earlier. While this isn’t specifically related to finance, it will help us reach our goals. With two little ones who still wake frequently throughout the night, it is H.A.R.D. to wake up before them. Since our move involved a 3-hour time change, the girls have been sleeping in until about 8:30 every morning. While I’m thankful for this extra sleep, I know I could accomplish so much more throughout the day if I committed to waking up at 6:30 or earlier.
Research more on investing. John and I are relatively new to investing other than having our old company 401(k) accounts. We hope to grow our investments immensely over the years – getting involved in everything from SEP IRAs to real estate.
Read one actual book. I am a knowledge-junkie by nature, but when it comes to reading an actual book…Well, I can’t even remember the last time I completed one. I checked out two from the library today and am hoping to read both of them…but my goal is just to complete one.
Go to Asheville, NC / Blue Ridge Parkway. Another personal goal, but now that we live on the east coast we need to start exploring! Blue Ridge Parkway is ranked one of America’s Most Scenic Drives, especially during the fall. Leaves change color mid-end October and you can bet I will be experiencing this!!
What are your goals for October, finance or otherwise?