ruadisneyfan2
DIS Veteran
- Joined
- May 20, 2006
JMHO but I would attack that last $900 of student loans before tossing money in any other direction (except necessities and min payment of bills)Week 5 update:
Goals for 2018
Financial Goals
Eliminate last 900 dollars of student loans
Increase DRIP stocks value to 5000
1/1 2507
1/28 3011
Increase my 403b value to 75,000
1/1 60,000
Increase wife’s 403b value to 50,000
1/1 40,000
Decrease eating out budget to: (1 morning and 1 evening per week + a few special occasions) Currently eating out 4 mornings and 2-3 evenings per week - NO MORE!!!!!
1/1 - 1/7 1 breakfast and 1 dinner out
1/8 - 1/14 0 breakfast and 3 dinners out (2 of these we because we were out of town for robotics competition)
1/15 - 1/21 1 breakfast and 1 dinner (anniversary)
1/22 - 1/28 1 breakfast and 2 dinners (both worked late one evening)
1/29 - 2/4 1 breakfast and 1 dinner
Start bringing lunches to work regularly - no more eating at school cafeteria (food not great and it is 5 dollars for teachers)
1/1 - 1/7 Out of the 4 school days this week brought lunch 4 days
1/8 - 1/14 Out of 5 school days this week brought lunch all 5 days
1/15 - 1/21 Out of 4 school days this week brought lunch all 4 days
1/22 - 1/28 Out of 4 school days this week brought lunch all 4 days
1/29 - 2/4 Out of 5 school days this week brought lunch all 5 days
Continue saving 50/ week for vacation
1/1 50/50
1/7 50/100
1/14 50/150
1/21 50/200
1/28 50/250
2/4 50/300
Cut Discretionary Spending by 20%
Tracked our entire spending for the month of January so now can see where we actually spend money and make some adjustments!!
Eat out of pantry/freezer for January to use up as much as possible
1/1 - 1/7 used up 15 items from pantry and freezer
1/8 - 1/14 used up 9 items from pantry and freezer
1/15 - 1/21 used up 11 items from pantry/freezer
1/22 - 1/28 used up 13 items from pantry/freezer
1/29 - 2/4 used up 7 items from pantry/freezer Now having to start buying some grocery staples again as we have done a great job of using a lot up!
Not buying any office supplies for personal use (have enough to stock a small business!!)
1/10 Used up pack of 5 insertable page tab separators for stock statements
1/14 Used up 1 roll of scotch tape
1/15 1 pkg of loose-leaf paper to school
2/4 1 binder used for some semi important documents
Life Goals
Declutter 2018 items in 2018
1/1-1/7 23 items decluttered (23)
1/8 - 1/14 40 items decluttered (63)
1/15 - 1/21 129 item decluttered (172)
1/22 - 1/28 88 items decluttered (260)
1/29 - 2/4 6 items decluttered (266)
Lose 30 pounds (starting at 300 lbs)
Personal Goals
Read 20 books
1/7 Book 1 completed
1/28 Book 2 completed
2/4 Book 3 completed
Get the upstairs bathroom and spare bedroom fully remodeled (needs to be cleaned/organized, needs estimate, needs contractor start date, needs to be completed)
Start leaving work at work! (cut down conversations about idiot/lazy/incompetent coworkers)
Once that is eliminated, the monthly payment that once went to student loans is now available for other uses, and you will reach those goals more quickly.