Monday, 5 December 2016

Happy Anniversary to Me!

Okay, so it is that time of year again, it is exactly three years since I started this journey of being an Urban Nomad and yes started this blog.

It has been a long three years filled mostly with me figuring things out as I went. I most certainly did not have all of the answers, and I certainly don’t now. 

Life is a process of constantly revising and honing what you do, of constant improvement. 

Last year I set out five goals for myself let’s see how I did?

1. I will put and keep $1000.00 in my main account at all times.

Okay, this one I have been very successful at and indeed have expanded this policy to all three of my accounts. 

I now vow to have at least $1000.00 in all of my accounts: Main, Mid-Term Savings and Long-Term Savings. 

(So, count this one done!)

2. I will consolidate my truck and trailer loan, and configure it to pay it off in 3 – 4 years.

Okay, this one did not pan out, as it didn’t seem possible, but I did pay off the truck loan (October) and I do have a plan to pay the trailer loan off by Nov 7, 2017. 

So all in all I will be ahead of schedule. In fact even earlier than my most generous estimates (As in both paid off in 2 years rather than 3 to 4) 

(Count this one as half done and in fact on track to being done.) 

3. I will buy myself that new laptop that I want (and have earned).

This one is done, sorta. I did get a new laptop, but nowhere near as nifty or advanced as the one that I had hoped for. 

Fiscal prudence won out and I got what I needed, not what I wanted. This seems to be a reoccurring theme in my life.

(Regardless, count this one done.)

4. I will save $10,000.00 in my contingency fund (with incremental goals of $2000.00.

Seriously not even close, and I won’t even start on this one for a year. Even then it will be trickle savings as I build up the Homestead Fund. 

(Count this one . . . delayed . . . seriously delayed.) 

5. I will pay off my Truck and Trailer Loan

As I said before the truck is paid off and the trailer loan is the current focus of my fiscal efforts. 

(Count this one as half done and in fact on track to being done.) 

So, what are my goals for the next year? 

1. I will, at all times, maintain a balance of at least $1000.00 in each of my accounts: Main, Mid-Term Savings and Long-Term Savings.

2. I will pay off the trailer loan (Wand Loan) before the end of next year with a target paid off date of Nov, 7, 2017.

3. I will maintain all of my credit cards at a $0.00 balance, paying them off in full each and every payday.

Those are big ones and so that is all of my goals for next year. This will be the year that I claw my way to total debt freedom. 

Beyond that, I will work towards getting my own place and paying cash for it. That is next year, though as I have my work cut out for me if I am to do keep all of my three goals all year long. 

As always: Keep your head up, your attitude positive, and keep moving forward!

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