Jim Santangelo presents a Free seminar covering estates and trusts.
Gardiner Library
5 Station Square
Gardiner, NY
845-255-1255
Showing posts with label Financial Goals. Show all posts
Showing posts with label Financial Goals. Show all posts
Monday, May 10, 2010
Sunday, May 2, 2010
FREE-Credit and Debt Management Seminar May 5th, Saugerties, NY
May 5th @ 7pm
Atonement Lutheran Church
100 Market St, Saugerties, NY
Registration required: 845-340-3990
photo courtesy of www.moneytipcentral.com
The Cornell Cooperative Extension Ulster County presents a free seminar on credit and debt management.
Seminar will cover issues such as ways to raise your credit score and keep it high as well as establishing, mantaining and repairing credit.
DON'T FORGET IT'S FREE BUT REQUIRES REGISTRATION!
Friday, February 5, 2010
Financial Update February 2010-Slowly but surely!
I outlined our financial goals in a post back in the early part of January and it seems about time to post an update!
1. Continue to pay off credit card debt focusing on one card at a time. We currently take any extra income and put it all toward this goal. I am setting a goal to payoff all credit card debt by January 1, 2011. 
We've made some headway this past month and continue to use all "extra" money for this goal.2. Pay off Auto Loan by May 2010. We have set ourselves up so that this should be easily accomplished. This will mean that in May we will own two cars completely. We will then take about 1/3 of our current car payments and put that money into a savings account for car repairs and/or a new car when the time comes. One car is older and we hope to drive it as long as possible, but you never know when it might quit, so we want to have some savings to deal with anything that might come up. We hope to increase the contributions to this savings account once our Credit Card Debt has been dealt with.
No Changes here. Everything is still in place.
3. Research options for Health Insurance. We are currently covered under a plan that will no longer be available to us as of this fall, so we need to start researching our best options for coverage and cost.
I've started a little research on this and it looks like we might do this through our business. There are some plans that look like good options and would also allow us to offer insurance to our employees.
4. Explore opportunities to earn extra income. Any extra income will help to reduce our debt faster.
We've spent a lot of time getting things "in order" around the house and I feel great about that on the organizing front. I've got some work lined up for one full week each month, now thru April. That means guaranteed extra money for the pay-down of debt. I hope to list a few items on ebay this month and will continue to explore other options.
All in all I'm feeling pretty good with our progress. We will need to step it up a little to hit the goal of eliminating credit card debt by Jan 2011.
Tuesday, January 12, 2010
Wednesday Tip Day---Replaced with....3 goal posts at once!
I missed last week's post because.......................well, life happens!
Today, I'm going to focus on three of the goals I am working on in my life right now.
We have set out to eliminate debt.
In April of 2009 we officially set out to pay off all debt. Up until that point we had stopped using credit cards but had not set up an official budget or plan. We set up a budget and an official plan and have continued to update it as things change and evolve. Our general plan has stayed the same, but we have modified the details as necessary. Constantly re-evaluating any plan helps to keep it manageable.
We will track our progress basing our goals off of our current standing. In other words all debt we currently have will be considered 100% of our debt even though we actually made some progress in 2009. We are essentially resetting our progress measures. We have an Emergency Fund set aside and at this time have no plans to contribute further to that fund.
1. Continue to pay off credit card debt focusing on one card at a time. We currently take any extra income and put it all toward this goal. I am setting a goal to payoff all credit card debt by January 1, 2011.
2. Pay off Auto Loan by May 2010. We have set ourselves up so that this should be easily accomplished. This will mean that in May we will own two cars completely. We will then take about 1/3 of our current car payments and put that money into a savings account for car repairs and/or a new car when the time comes. One car is older and we hope to drive it as long as possible, but you never know when it might quit, so we want to have some savings to deal with anything that might come up. We hope to increase the contributions to this savings account once our Credit Card Debt has been dealt with.
3. Research options for Health Insurance. We are currently covered under a plan that will no longer be available to us as of this fall, so we need to start researching our best options for coverage and cost.
4. Explore opportunities to earn extra income. Any extra income will help to reduce our debt faster. (Is that obvious? *smile*)
Improve Organization and Time Management
(I decided these two go hand in hand so here they are together.)
Many people would tell you that I am a very organized person. Would you believe I was sent to the Caribbean at the age of 8 as a mother's helper for my 2yo cousin and to help my aunt organize the home office?! However, I feel that there is still a lot of improvement to be made in this area.
1. Focus on better time management and better organization of my time. This is the area in which I hope to improve the most. I don't need to be perfect, simply improved. I need to organize things so that there is less last minute running around, less last minute doing.
2. Improve Menu Planning. I need to get more variety into the menu and plan further in advance to make sure that I have any ingredients that we do not normally have on hand.
3. Keep home filing in better order. My "to be filed" file is too often neglected.
4. Organize housework in such a fashion that it does not pile up/back up as often. Every time we do a major house cleaning I say to myself, "Now, I just need to do a little every day to stay on top of this" and I never keep to that. The end result is another major cleaning day which usually happens on a weekend day and takes away from time we could be spending doing other family activities. I really hope to get a little done each night after the kids go to bed, so we can better enjoy our weekends.
Those are the major organizational and time management tasks I am working on, but I am certain there are a million other little things that will arise on a daily basis. Ultimately, I hope to be organized enough to take on any task that comes up, planned or unplanned.
Check back next wednesday for my plans to achieve my healthier lifestyle goals, but in the meantime you can leave me a comment with your goals/plans or with any suggestions.
Today, I'm going to focus on three of the goals I am working on in my life right now.
1. Continue on our path to eliminate debt.
2. Improve Organization in relationship to all aspects of our life.
3. Create and follow a better schedule to maximize "work" time, so we can better enjoy "play" time.
We have set out to eliminate debt.
In April of 2009 we officially set out to pay off all debt. Up until that point we had stopped using credit cards but had not set up an official budget or plan. We set up a budget and an official plan and have continued to update it as things change and evolve. Our general plan has stayed the same, but we have modified the details as necessary. Constantly re-evaluating any plan helps to keep it manageable.
We will track our progress basing our goals off of our current standing. In other words all debt we currently have will be considered 100% of our debt even though we actually made some progress in 2009. We are essentially resetting our progress measures. We have an Emergency Fund set aside and at this time have no plans to contribute further to that fund.
1. Continue to pay off credit card debt focusing on one card at a time. We currently take any extra income and put it all toward this goal. I am setting a goal to payoff all credit card debt by January 1, 2011.
3. Research options for Health Insurance. We are currently covered under a plan that will no longer be available to us as of this fall, so we need to start researching our best options for coverage and cost.
4. Explore opportunities to earn extra income. Any extra income will help to reduce our debt faster. (Is that obvious? *smile*)
Improve Organization and Time Management
(I decided these two go hand in hand so here they are together.)
Many people would tell you that I am a very organized person. Would you believe I was sent to the Caribbean at the age of 8 as a mother's helper for my 2yo cousin and to help my aunt organize the home office?! However, I feel that there is still a lot of improvement to be made in this area.
1. Focus on better time management and better organization of my time. This is the area in which I hope to improve the most. I don't need to be perfect, simply improved. I need to organize things so that there is less last minute running around, less last minute doing.
2. Improve Menu Planning. I need to get more variety into the menu and plan further in advance to make sure that I have any ingredients that we do not normally have on hand.
3. Keep home filing in better order. My "to be filed" file is too often neglected.
4. Organize housework in such a fashion that it does not pile up/back up as often. Every time we do a major house cleaning I say to myself, "Now, I just need to do a little every day to stay on top of this" and I never keep to that. The end result is another major cleaning day which usually happens on a weekend day and takes away from time we could be spending doing other family activities. I really hope to get a little done each night after the kids go to bed, so we can better enjoy our weekends.
Those are the major organizational and time management tasks I am working on, but I am certain there are a million other little things that will arise on a daily basis. Ultimately, I hope to be organized enough to take on any task that comes up, planned or unplanned.
Check back next wednesday for my plans to achieve my healthier lifestyle goals, but in the meantime you can leave me a comment with your goals/plans or with any suggestions.
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