Financial Goals for 2010
I’m really happy with the success of our 2009 goals. I’m hoping 2010 will be a great year and I wanted to change it up a bit to make it easier to succeed.
I’m not having several goals as I did last year. Instead, I’m going to focus on having 2 maybe 3 goals at a time. As I accomplish one goal, I’ll decide on something else to work towards. I think this will help me to focus more instead of worrying about several different things at once.
Consolidate my student loans by March 2010.
I’m planning on consolidating the loans to lower the interest rates soon since they are really low right now. Currently consolidating student loans can lower them to 2.49%, which is a great deal and would decrease the monthly payment a bit if the budget gets tight. Our plan, though, is continue the payments we’re making with the difference going towards the principle.
Invest at least $3,000 into my Roth IRA for 2010.
I really need to get serious about investing for retirement. Right now the only debt I have is my student loans and by looking at the numbers, I’m going to divert and invest money instead of paying off my student loan as fast as possible.
How did 2009 go for you? Did you reach your goals? Please let me know what financial goals you have for 2010.
Photo Credit: QueenNeveen