Friday, March 21, 2008

New Goals for 2008


In December, I set some goals. I've accomplished a couple, and some just don't make sense anymore. Time to revisit.

1. pay off credit cards (Almost Done!)
2. 2007 IRAs (Done 4/21/08!)
3. Wedding savings
4. 2008 401(k)s (Done on Autopilot)
5. 2008 IRAs (10K) (abandoned)
6. pay off car

Now that my fiance is self-employed, we control how much we are allowed to or want to put in retirement. Also, hopefully he won't qualify for a Roth this year. If he does, we'll fund that in 2009. Non-deductible, non-Roth IRAs are a waste now. If we want more in retirement, we can just ratchet up the solo K. So, that goal is gone.

We have a more important goal now--putting the business in the black.

So, revised goals:

1. pay off credit cards (almost done!)
2. 2007 IRAs (done 3/21/08!)
3. max out 2008 401(k)s (done on autopilot!)
4. business is profitable (12.5K)
5. wedding savings (35K)
6. pay off car (13K)

Whew. I am fired up about these goals, and I think we can accomplish them handily!

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